For 13-09-2010, Monday

Weekly view:
Bullish close of the last week ensures that momentum continues upside and if Nifty holds above 5687, it will travel towards 5725 and crossing and closing above 5732 ensures a target of 5807. On the downside, if Nifty corrects some gains, still, 5550 zone should offer support for the bullishness and below 5546, longs can be closed for a target of 5472.

NIFTY SPOT5640.05
SENSEX SPOT18799.66
BANKNIFTY SPOT11446.7

Levels for today


NIFTY

Buy Above/SL 5662/18885 Target 5679/18953
SAR/Sell Below 5650/18841Target ---------------
Sell Below/SL --------------- Target ---------------
SAR/Buy Above ------------- Target --------------


BANK NIFTY

Buy Above/SL 11582 Target 11691
SAR/Sell Below 11514 Target ------------------
Sell Below/SL --------- Target --------------------
SAR/Buy Above -------- Target -------------------