Nifty Spot Intra day calls for 09/09/2010

 Nifty Close: 5607.85 +3.85            Sensex Close: 18666.71 +21.65 

 The benchmark Nifty closed above 5600 mark for the second consecutive day, after consolidating around the same level throughout the session. The index slipped in the first half of trade due to weak global cues followed by a volatile second half.

 The 30-share BSE Sensex closed at 18666.71, up 21.65 points and the 50-share NSE Nifty rose just 3.85 points to 5607.85. The broader indices also ended flat with positive bias. However, the Nifty September futures closed at 10 points discount, as per provisional data.

 

                                     Click and see here Yesterday's view
 
Nifty Spot Intra day calls for 09/09/2010


Nifty buy above 5639.50 keep stop loss at 5623.50, Target 5656 and 5662.

Nifty sell below 5576 keep stop loss at 5592, Target 5558 and 5452.

Nifty reach at 5623.50 go short keep stop loss at 5639.50, Target 5604 and 5598.

Nifty reach at 5592go long keep stop loss at 5576, Target 5612 and 5617.

Happy Trading.