For 02-09-2010, Thursday

Yesterday, Indices have closed positively and bullish momentum seems to be back but trade cautiouosly at higher levels with proper stoploss because though the trend is positive, appreciable correction is still due.

Today's Levels

NIFTY SPOT5471.85
SENSEX SPOT18205.87
BANKNIFTY SPOT10879.75

NIFTY

Buy Above/SL 5514/18316 Target 5548/18407

SAR/Sell Below 5492/18259Target --------------

Sell Below/SL---------------Target ---------------
SAR/Buy Above-------------Target --------------

BANK NIFTY

Buy Above/SL 10954 Target 11015
SAR/Sell Below 10916 Target---------------
Sell Below/SL----------Target ----------------
SAR/Buy Above--------Target --------------