Market opened 05/01/2010

Market opened on a flat note, traded in the positive territory throughout the day to close near day’s high. The coming trading session is likely to trade with positive bias. If indices trade convincingly above 17583 / 5239 levels then it may test 17620 – 17680 / 5300 – 5320 levels .On the downside 17490 – 17410 / 5200 - 5160 levels may act as a support for the day