Higher range 20659 plus to be tested: Vasudeo

Indices	Close	Yearly	Yearly	Yearly	Yearly	Yearly
31/12/10	Level 1	Level 2	Centre Point	Level 3	Level 4
Sensex	20509.09	11614	17071	19089	22527	27984
Nifty	6127.7	3426	5089	5713	6752	8415

      The level 2 and level 3 is the high probability trading zone for 20011. Depending on the price movements during the course of the year 2011, each of these levels will get importance. Volatility during the year can see the levels of 19089 and 17071, which can certainly be a high probability if the market weaken and fails to sustain at the higher range in the first quarter of 2011. As mentioned last week, the seller stop loss of 20400 was crossed on the weekly charts. Therefore, traders who were short should logically be out of position for the time being. If the last week