Settlement holiday on September 30, 2010

On account of settlement holiday on September 30, 2010 due to half yearly bank closing, multiple settlements have been scheduled on October 04, 2010. Pay-in/pay-out timings for multiple settlements scheduled on October 04, 2010 are as under:

Settlement

Type &

Number

Trade Date Custodial

Confirmation

Date

Settlement

Date

Pay-in at

NSCCL

on

settlement

day

Pay-out at

NSCCL on

Settlement

day

N,D,W,O, Z

2010186

29-Sep-010 01-Oct-10 04-Oct-10 10.00 a.m. 12.30 p.m.
N,D,W, O, Z

2010187

30-Sep-10 01-Oct-10 04-Oct-10 2.00 p.m. 4.30 p.m.

Today’s Levels (28-09-2010)

(Last Close : Sensex 20117 : Nifty Spot 6036)
Today’s Levels
Trade short if Sensex fails to sustain above 20117 (Nifty 6036)
[Downside targets/supports at 20045(6018)/19995(5995) or lower]
Trade long if Sensex sustains above 20045 (Nifty 6018)
[Upside targets/resistances at 20117(6036)/20165(6045) or higher]

FOR THE DAY (29-09-2010)

FOR THE DAY: The indices are expected to open on a flat note in response to the flat-to-negative global indices. Trade long if Nifty holds above 6030 levels, else from the lower levels of 6000 with stop loss placed at 5980 levels targeting 6080 levels.