Market Views : Stock Market Tomorrow (28th, July'10)

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Market Views and Trading Strategies For The Market Tomorrow(28th-July)

For tomorrow the Indian market is expected to open on a positive note under the influence of US and European markets. The Nifty is likely to trade in the range of 5,400-5,460. 

Trading Strategy For Tomorrow : The trading strategy would be to create short positions if the Nifty resists at around 5,460 levels for targets of 5,435 and 5,415. On the other hand, one can also create long positions if the Nifty takes support at around 5,405 levels for the target of 5460 to 5500.

The Sensex should find supports at 17,980 and 17,860 and resistances at 18,210 and 18,350.

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