Today’s Levels (10-08-2010)

(Last Close : Sensex 18288 : Nifty Spot 5486)
Today’s Levels
Trade short if Sensex fails to sustain above 18309 (Nifty 5492)
[Downside targets/supports at 18267(5472)/18244(5466) or lower]
Trade long if Sensex sustains above 18267 (Nifty 5472)
[Upside targets/resistances at 18309(5492)/18350(5505) or higher]

FOR THE DAY (10-08-2010)

FOR THE DAY: The indices are expected to open on a flat-to-positive note in response to the positive global indices. Trade long in Nifty above 5480, else from 5450 levels with stop loss placed at 5430 targeting 5500-5520 levels.

Good Morning (10-08-2010)

Japan’s Nikkei average rose 0.9 percent on Tuesday, helped by a halt in the yen’s advance against the dollar and speculation that the U.S. Federal Reserve will signal potential steps to boost the sluggish economic recovery.

Indian Market will open in Flat note.

NIFTY range for the day would be 5410-5450-5470-5510-5530.

SGX NIFTY is trading at +.50 (5479) @ 8:30 IST.

Crude is trading at $81.19. Gold is trading at $ 1202( Rs 18167). Rs vs $ is at 46.13.

Calls:
AUROPHARMA
KOTAKBANK
IONEX (BSE 500214)
DHANBANK
TITAN
SHRIRAMEPC
COROMANDEL
JETAIRWAYS
HITACHIHOM
SOUTHBANK
ZYLOG
TUBEINVEST
ABSHEKINDS
ANANTRAJIND
Have A Nice Trading Day.