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.

Today’s Levels (26-08-2010)

(Last Close : Sensex 18180 : Nifty Spot 5462)
Today’s Levels
Trade long if Sensex sustains above 18156 (Nifty 5452)
[Upside targets/resistances at 18192(5465)/18250(5475) or higher]
Trade short if Sensex fails to sustain above 18192 (Nifty 5465)
[Downside targets/supports at 18156(5452)/18107(5426) or lower]

FOR THE DAY (26-08-2010)

FOR THE DAY: Nifty is expected to remain volatile due to expiry and likely to trade within the range of 5450-5500 levels. Traders are advised to trade long in Nifty with stop loss of 5450 levels targeting 5500 levels.

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.

Change in the Constituents of Index

Change in the constituents of S&P CNX Nifty index w.e.f. October 1, 2010.

The details of the changes are as follows:

 
S&P CNX Nifty Index 

 

The following companies are being excluded: 

 

Sr. No.  Company Name  Symbol
1 ABB Ltd.  ABB
2 Idea Cellular Ltd.  IDEA
3 Unitech Ltd.  UNITECH

The following companies are being included:

 

Sr. No.  Company Name  Symbol
1  Bajaj Auto Ltd. BAJAJ-AUTO
2 Dr. Reddy’s Laboratories Ltd.  DRREDDY
3 Sesa Goa Ltd.  SESAGOA

Today’s Levels (24-08-2010)

(Last Close : Sensex 18409 : Nifty Spot 5544)
Today’s Levels
Trade short if Sensex fails to sustain above 18445 (Nifty 5545)
[Downside targets/supports at 18376(5527)/18330(5496) or lower]
Trade long if Sensex sustains above 18376 (Nifty 5527)
[Upside targets/resistances at 18445(5545)/18475(5555) or higher]