Today’s Levels (13-04-2010)

(Last Close : Sensex 17853 : Nifty Spot 5340)
Today’s Levels
Trade long if Sensex sustains above 17816 (Nifty 5324)
[Upper targets/resistances at 17880(5344)/17940(5360) or higher]
Trade short if Sensex fails to sustain above 17880 (Nifty 5344)
[Lower targets/supports at 17816(5324)/17768(5312) or lower]

FOR THE DAY (13-04-2010)

FOR THE DAY: The indices are expected to open on a flat note in response to the flattish US and mixed Asian indices. Traders are advised to trade long in Nifty above 5320, with stop loss placed at 5290 for targets of 5350 and 5380 levels. Alternatively trade short below 5290 levels for targets of 5250 levels.

Good Morning (13-04-2010)

Asian stocks fell for the first time in three days, led by raw-material producers and Japanese automakers after commodity prices and the dollar declined.

Indian Market will open in flat to negative note.

NIFTY range would be for the day 5290-5315-5350-5370-5405

SGX NIFTY is trading at -16 (5333) @ 8:02 IST.

Crude is trading at $84.10. Gold is trading at $1153.3 (Rs. 16834), Rs vs $ is at 44.46.

Calls:
• MAHLIFE
• THERMAX
• JAICORP
• GESHIP
• GREAVESCOT
• HEIDELBERG
• VBCFERROQ (BSE)
• MOTHERSUMI
• TIMEX (BSE)
• CCCL
Have a nice Trading Day !