Today’s Levels (27-08-2010)

(Last Close : Sensex 18226 : Nifty Spot 5478)
Today’s Levels
Trade short if Sensex fails to sustain above 18239 (Nifty 5484)
[Downside targets/supports at 18190(5464)/18140(5445) or lower]
Trade long if Sensex sustains above 18190 (Nifty 5464)
[Upside targets/resistances at 18239(5484)/18300(5492) or higher]

FOR THE DAY (27-08-2010)

FOR THE DAY: The indices are expected to open on a flat note in response to the negative global indices. Trade long if Nifty holds 5450 levels with stop loss placed at 5435 targeting 5480-5500 levels. Alternatively, trade short if Nifty fails to breach past 5500 levels targeting lower supports.