Today’s Levels (30-09-2010)

(Last Close : Sensex 19956 : Nifty Spot 5991)
Today’s Levels
Trade long if Sensex sustains above 19923 (Nifty 5980)
[Upside targets/resistances at 19981(5990)/20055(6015) or higher]
Trade short if Sensex fails to sustain above 19981 (Nifty 5990)
[Downside targets/supports at 19923(5980)/19842(5958) or lower]

For the Day (30-09-2010)

For the Day: The indices are expected to open on a flat note in response to the flat‐to‐negative global indices. Nifty is expected to display volatile movements within the range of 5980‐6050 levels.

Adjustments in FAO Contracts of Zee Entertainment Entp Ltd

Kindly take note of the important NSE FAO Circulars with respect to Corporate Actions (Scheme of Arrangements) Adjustments in FAO Contracts of Zee Entertainment Entp Ltd., which are appended herewith for your ready reference.

Ø The present month FAO Contracts of ZEEL will expiry on 30th September,2010 and no new contracts will be issued.

Ø The existing FAO _Contracts in ZEEL with expiry dates October 28, 2010 and November 25, 2010 shall expire on October 6, 2010.

Ø FAO contracts of ZEEL shall cease to exist pursuant to the final settlement on October 6, 2010.

Nifty Today:

Nifty Today: The US markets have ended on a flat-to-negative note; while the Asian indices are trading mixed. Hence, Nifty is expected to open on a fl at-to-positive note. Nifty is expected to remain volatile in the range of 5980-6050. Nifty is expected to expire above 6000 levels for the September series.

Multiple settlements are scheduled at BSE on Monday, Oct 04, 2010

Onaccount of Settlement holiday on 30.09.2010 Multiple Settlements are scheduled at BSE on Monday, Oct 04, 2010,

the timings are as under:

Sett.No. Trade Date Pay-In/Pay-Out Date Pay-In Time Pay-Out Time
1011129 29 – SEP – 10 04 – OCT – 10 9-30 AM 12-30 PM

1011130 30 – SEP – 10 04 – OCT – 10 1-30 PM 4-30 PM

FOR THE DAY (29-09-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to the positive global indices. Trade long if Nifty holds above 6065 levels, else from the lower levels of 6050 with stop loss placed at 6030 levels targeting 6080-6100 levels.

Today’s Levels (29-09-2010)

(Last Close : Sensex 20105 : Nifty Spot 6030)
Today’s Levels
Trade long if Sensex sustains above 20091 (Nifty 6025)
[Upside targets/resistances at 20140(6040)/20189(6051) or higher]
Trade short if Sensex fails to sustain above 20140 (Nifty 6040)
[Downside targets/supports at 20091(6025)/19982(5992) or lower]