Today’s Levels (21-07-2010)

(Last Close : Sensex 17878 : Nifty Spot 5368)
Today’s Levels
Trade long if Sensex sustains above 17899 (Nifty 5368)
[Upside targets/resistances at 17929(5378)/17975(5395) or higher]
Trade short if Sensex fails to sustain above 17975 (Nifty 5395)
[Downside targets/supports at 17929(5378)/17899(5368) or lower]

FOR THE DAY (21-07-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to the positive global indices. Trade short if Nifty fails to breach past 5400 levels with stop loss placed at 5410 targeting 5380-5350 levels.

Good Morning (21-07-2010)

Asian stocks rose as technology companies were boosted by Apple Inc.’s better-than-estimated earnings, while the dollar weakened ahead of testimony to Congress by Federal Reserve Chairman Ben S. Bernanke.

Indian market will open in flat to positive note.

NIFTY range for the day would be 5320-5340-5380-5400-5440

SGX NIFTY is trading at +30 (5383) @ 8:15 IST.

Crude is trading at $77.55. Gold is trading at $1190.5(Rs 18340). Rs vs $ is at 47.1.

Calls:

CENTRALBK
UNITY
MANAPPURAM
DCB
UBHOLDINGS (Long Term)
CANFINHOME
GICHSGFIN
VARDHACRLC
ZYLOG
PANTALOONR
ANANTRAJ
VIPIND
ATFL (Long Term)
JAYAGROGN

Have A Nice Trading Day.