Today’s Levels (26-07-2010)

(Last Close : Sensex 18131 : Nifty Spot 5449)
Today’s Levels
Trade long if Sensex sustains above 18093 (Nifty 5435)
[Upside targets/resistances at 18156(5455)/18203(5466) or higher]
Trade short if Sensex fails to sustain above 18203 (Nifty 5466)
[Downside targets/supports at 18156(5455)/18093(5435) or lower]

For the Day (26-07-2010)

For the Day: Domestic markets are likely to open on a flat-to-positive note, taking cues from the positive moves witnessed in the US markets. The Asian indices are also trading on a positive note. Traders are advised to trade long in Nifty above 5450 levels, else from 5420 with a stop loss at 5400 levels, targeting higher levels of 5480 and 5500.