For The Day (02-02-2010)


FOR THE DAY:

The US indices have ended on a positive note and Asian indices are also trading in green.

Hence, Nifty is expected to open on a positive note.

Traders are advised to trade long in Nifty from 4950 levels else from 4920 with stop loss placed at 4890 for the targets of 4980/5000.

Alternatively, trade short in Nifty below 4890 else if it fails to breach 5000 levels with stop loss placed at 5020

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