For 10-08-2010

Now Nifty has closed strongly for the day at 5486 and if holds 5475 level , it is positive for further move towards 5515 this week above which one can hold for a target of 5580 with a stoploss of 5475.

NIFTY SPOT 5486.15
SENSEX SPOT 18287.5
BANKNIFTY SPOT 10524.1

NIFTY

Buy Above/SL 5519/18381Target 5545/18458
SAR/Sell Below 5502/18334
Target 5469-5455/18240--18206

Sell Below/SL 5453/18194
Target 5426/18116
SAR/Buy Above 5470/18245
Target 5502---5515/18334--18370

BANK NIFTY

Buy Above/SL 10602
Target 10666
SAR/Sell Below 10562
Target 10485---10450

Sell Below/SL 10446
Target 10381---10360
SAR/Buy Above 10486
Target 10562---10595