FOR THE DAY (12-08-2010)

FOR THE DAY: The indices are expected to open on a negative note in response to the negative global indices. Trade
short in Nifty within the range of 5365‐5380 levels, with stop loss placed at 5400 targeting 5330‐5300 levels.

Today’s Levels (12-08-2010)

(Last Close : Sensex 18070 : Nifty Spot 5421)
Today’s Levels
Trade short if Sensex fails to sustain above 18050 (Nifty 5416)
[Downside targets/supports at 17987(5396)/17926(5374) or lower]
Trade long if Sensex sustains above 17926 (Nifty 5374)
[Upside targets/resistances at 17987(5396)/18050(5416) or higher]