Adjustment of Futures and Options contracts in the security SINTEX# Revised Market Lot is 2000

NSE FAO Circular regarding corporate action in the FAO contract SINTEX (Stock Split:2:1). The revised market lot would be 2000 with effect from 27.10.2010.

Today’s Levels (27-10-2010)

(Last Close : Sensex 20221 : Nifty Spot 6082)
Today’s Levels
Trade long if Sensex sustains above 20189 (Nifty 6075)
[Upside targets/resistances at 20292(6099)/20344(6120) or higher]
Trade short if Sensex fails to sustain above 20292 (Nifty 6099)
[Downside targets/supports at 20189(6075)/20088(6041) or lower]

FOR THE DAY (27-10-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to the mixed global indices. Trade long in Nifty above 6100 else from 6070 levels with stop loss at 6050 for targets of 6130 and 6150 levels.

Good Morning (27-10-2010)

Most Asian stocks advanced after National Australia Bank Ltd. returned to profit and as the yen weakened from a 15-year high against the dollar, easing concern that Japanese export earnings will fall.

Indian market will open in flat note taking the cues from global market.

SGXNIFTY is trading at -2 (6107) @ 8: 12 IST.

NIFTY range for the day would be 6050-6065-6095-6110-6140

Crude is trading at $82.34. Gold is trading at $ 1339.8 (Rs 19584). Rs vs $ is at 44.44.

Calls:

ORCHIDCHEM
CIPLA
RAYMOND
IDBI
SIEMENS
RENUKA
DELTACORP
BALLARPUR
COSMOFILMS
UFLEX
JBFIND
Have A Nice Trading Day.