For The Day (30-06-2010)


For The Day: The US indices ended on a negative note; while the Asian indices are also trading on a weak note. Hence, Nifty is expected to open on a negative note today. Traders are advised to trade long if Nifty holds 5200 levels, with stop loss placed at 5180 targeting 5250 & 5260 levels. Alternatively, trade short if Nifty fails to surpass past 5265 levels targeting lower supports.

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