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2nd November 2010 (PreMarket)

Good Morning,

From Today, we see a Range bound between 6100-6248.

Buy in every decline with Stoploss 6060.

Be very concious at higher levels. Please dont short at resistance levels.

:: FII Activity ::

FII activity in Equity Rs. +711.81 Cr. as on 1st Nov. 2010
FII activity in Futures Rs. -1317.61 Cr. as on 1st Nov. 2010
DII activity in Equity Rs. -71.30 Cr. as on 1st Nov. 2010

Resistances : 6164-6210-6248-6276 (Bold indicates strong level)

Supports : 6140-6120-6090-6050 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 6128 and Weak Below 6110

:: Today's PreMarket Trades ::

Uptrend

Buy around 6132 with StopLoss 6112

1st Target 6152 2nd Target 6172 3rd Target 6196

If sustain above 6206 for 2 mins 4th Target 6222

Downtrend

Sell below 6112 with StopLoss 6142

Target 6092

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