FOR THE DAY (08-01-2010)


FOR THE DAY:

The indices are expected to open on a flat note today tracking flattish global indices.

Traders are advised to trade long in Nifty from 5240 levels with stop loss placed at 5220 for targets of 5280/5290 levels.

Alternatively, trade speculative shorts from 5290 with stop loss placed at 5310 targeting lower supports.

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