FOR THE DAY (18-03-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to the positive US and mixed Asian indices. Traders are advised to trade long if Nifty sustains above 5250 levels else from 5220 levels with stop loss placed at 5200 for targets of 5280-5300 levels.

Good Morning (18-03-2010)

Asian stocks fluctuated amid concerns a rally that drove the MSCI Asia Pacific Index to a two-month high had outpaced prospects for earnings growth.

Indian Market will open in flat note.

NIFTY range would be for the day 5140-5185-5225-5270-5310.

SGX NIFTY is trading at +6.5(5250)@ 8:05 IST.

Crude is inched up to $82.66. Gold is hovering around $ 1123.6 (Rs 16740). Rupee vs dollar is at 45.36.

Calls:

HCLTECH
TIMEX (BSE)
TATAELXSI
JAYNECOIND
CHOLADBS
MAHINDUGIN
CAIRN
ZEENEWS
DIVISLAB
NBVENTURE
JINDALSTEEL
STAR
SHOPPERSTOP
JUBLFOOD

Have A Nice Trading Day.