Today’s Levels (02-09-2010)

(Last Close : Sensex 18206 : Nifty Spot 5472)
Today’s Levels
Trade long if Sensex sustains above 18206 (Nifty 5472)
[Upside targets/resistances at 18248(5484)/18300(5504) or higher]
Trade short if Sensex fails to sustain above 18300 (Nifty 5504)
[Downside targets/supports at 18248(5484)/18206(5472) or lower]

FOR THE DAY (02-09-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to strong global indices. Trade long in Nifty above 5500 levels, else from 5480 levels with stop loss placed at 5450 levels targeting 5530-5550 levels.