For 23-09-2010, Thursday

After closing above 6000/20000 for a day, the indices have retraced some gains. They have also closed lower after registering a higher high which shows short-term weakness but we have to see in the coming days, whether this is just a blip or some real profit booking.

NIFTY SPOT 5991
SENSEX SPOT19941.72
BANKNIFTY SPOT 12305.7



Levels for the day: [refer trading rules];

NIFTY
Buy Above/SL 6042/20108 Target 6082/20245
SAR/Sell Below 6016/20024 Target
Sell Below/SL---------------- Target
SAR/Buy Above-------------- Target

BANK NIFTY
Buy Above/SL 12395 Target 12469
SAR/Sell Below 12350 Target
Sell Below/SL----------Target
SAR/Buy Above--------Target