Today’s Levels (25-08-2010)

(Last Close : Sensex 18312 : Nifty Spot 5505)

Today’s Levels

Trade short if Sensex fails to sustain above 18312 (Nifty 5505)

[Downside targets/supports at 18261(5488)/18121(5446) or lower]

Trade long if Sensex sustains above 18261 (Nifty 5488)

[Upside targets/resistances at 18312(5505)/18360(5515) or higher]

FOR THE DAY (25-08-2010)

FOR THE DAY: The indices are expected to open on a flat-to-negative note in response to negative global indices. Trade long if Nifty holds above 5500 levels with stop loss placed at 5480 targeting 5530-5550 levels. Alternatively, trade short if Nifty slips below 5480 levels targeting lower supports.