FOR THE DAY (31-05-2010)


FOR THE DAY: Domestic markets are likely to open on a flat-to-positive note following the flattish Asian indices. Traders are advised to trade long if Nifty holds above 5000 levels with stop loss placed at 4980 levels, for targets of 5050 and 5100 levels. Alternatively trade short if Nifty fails to breach past 5100 levels with stop loss placed at 5120 levels targeting lower supports.

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