Today’s Levels (23-07-2010)

(Last Close : Sensex 18113 : Nifty Spot 5442)
Today’s Levels
Trade long if Sensex sustains above 18113 (Nifty 5442)
[Upside targets/resistances at 18200(5568)/18270(5489) or higher]
Trade short if Sensex fails to sustain above 18270 (Nifty 5489)
[Downside targets/supports at 17200(5568)/18113(5442) or lower]

FOR THE DAY (23-07-2010)

FOR THE DAY: The indices are expected to open on a strong note in response to the positive global indices. Trade long if Nifty holds above 5480 levels else from 5450 levels with stop loss placed at 5420 targeting 5500-5520 levels.

Good Morning (23-07-2010)

Asian stocks rose, driving the MSCI Asia Pacific Index to its third straight weekly advance, as commodity prices climbed and U.S. companies from AT&T Inc. to United Parcel Service Inc. raised profit forecasts.

Indian market will open in flat to positive note.

NIFTY range for the day would be 5345-5395-5420-5460-5495

SGX NIFTY is trading at + 32 (5480) @ 8:15 IST.

Crude is trading at $79.21. Gold is trading at $1194.4 (Rs 18288). Rs vs $ is at 47.13.

Calls:

DCB
ORIENTBANK
UBHOLDINGS (Long Term)
ANANTRAJ
JETAIRWAYS
SHOPERSTOP
TUBEINVEST
JAYAGROGN
MOTHERSUMI
AUTOIND
VIJAYABANK
TULSI
KSL
ATLASCYCLE

Have A Nice Trading Day !