Today’s Levels (21-04-2010)

(Last Close : Sensex 17461 : Nifty Spot 5230)
Today’s Levels
Trade long if Sensex sustains above 17461 (Nifty 5230)
[Upside targets/resistances at 17560(5256)/17630(5270) or higher]
Trade short if Sensex fails to sustain above 17560 (Nifty 5256)
[Downside targets/supports at 17461(5230)/17394(5203) or lower]

FOR THE DAY (22-04-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to the positive US and Asian indices. Traders are advised to trade long if Nifty sustains above 5260 levels, else from 5230 with stop loss placed at 5200 for the targets of 5280 and 5310 levels.

Good Morning (21-04-2010)

Asian stocks rose, led by consumer and technology shares, as companies from Elpida Memory Inc. to Apple Inc. reported better-than-estimated results, boosting confidence in the global economic recovery.

Indian Market will open in flat to positive note.

NIFTY range would be for the day 5180-5200-5230-5255-5280

SGX NIFTY is trading at + 29 (5261) @ 8:05 IST.

Crude is trading at $84.34. Gold is trading at $1142.60 (Rs.16627), Rs vs $ is at 44.51.

Calls:
• UNITECH
• MAHLIFE
• GESHIP
• GREAVESCOT
• TIL
• FORCEMOT (BSE)
• THERMAX
• BRANDHOUSE
• SKFINDIA
• KALECONSUL
Have a nice Trading Day !