For The Day (15-07-2010)

For The Day: The US indices have ended on a fl at note; while the Asian indices are also trading mixed. Hence, Nifty is expected to open on a fl at-to-positive note today. Trader’s are advised to trade long if Nifty holds 5400 levels, else from 5380 with stop loss placed at 5350 targeting 5430-5450 levels. Alternatively, trade short if Nifty fails to breach past 5450 targeting lower supports.

Good Morning (15-07-2010)

Asian stocks fell from a three-week high as concern resurfaced that an economic recovery may stall after reports showed U.S. retail sales declined and the Federal Reserve cut its growth forecast.
 
Indian Market will open in flat to positive note
 
NIFTY range for the day would be 5320-5350-5400-5435-5485
 
SGX NIFTY is trading at +27 (5409) @ 8:10 IST.
 
Crude is trading at $76.81. Gold is trading at $1212.1(Rs 18390). Rs vs $ is at 46.7.
 
Calls:
 

  • CANFINHOME
  • GICHSGFIN
  • LICHSGFIN
  • PANTALOONR
  • TUBEINVEST
  • BAJAJ-AUTO
  • UBHOLDINGS (Med to Long Term)
  • YESBANK
  • ORIENTBANK
  • TITAN
  • ATFL (Long Term)
  • ZYLOG
  • ZYDUSWELL
  • Have A Nice Trading Day.