Today’s Levels (31-08-2010)

(Last Close : Sensex 18032 : Nifty Spot 5415)
Today’s Levels
Trade short if Sensex fails to sustain above 18066 (Nifty 5424)
[Downside targets/supports at 17944(5390)/17900(5372) or lower]
Trade long if Sensex sustains above 17900 (Nifty 5372)
[Upside targets/resistances at 17944(5390)/18066(5424) or higher]

FOR THE DAY (31-08-2010)

FOR THE DAY: The indices are expected to open on a negative note in response to negative global indices. Trade short if Nifty slips below 5380 levels with stop loss placed at 5410 targeting 5350-5335 levels. Alternatively, trade long if Nifty sustains above 5410 levels targeting 5430 and 5450 levels.