Today’s Levels (11-11-2010)

(Last Close : Sensex 20876 : Nifty Spot 6276)
Today’s Levels
Trade short if Sensex fails to sustain above 20876 (Nifty 6276)
[Downside targets/supports at 20850(6269)/20763(6244) or lower]
Trade long if Sensex sustains above 20850 (Nifty 6269)
[Upside targets/resistances at 20876(6276)/20936(6288) or higher]

FOR THE DAY (11-11-2010)

FOR THE DAY: The indices are expected to open on a flat note in response to the positive global indices. Trade long if Nifty holds above 6280 levels, else from 6250 with stop loss placed at 6230 targeting 6330-6360 levels.