Break and trade below

BSE 15998, NSE 4815

more weakness...........

BSE - 16457-----Below ..15332- (Monday low 15362 and strong bounce back were seen)

Higher level strong hurdle Nifty 5190...5368.

BSE Major hurdle 16250

Cross and close bull will upper hand

Close below 15332, non stop target 14500, 14300 which is aggressive buying zone

NIFTY FUTURE :

Watch the level of 4800....today resistance 4906.

For patience investors : Panic catch and hold time period 12 to 24 months for new high.....

Nifty: It will face resistance 4915, down side break 4854, immediate target 4811, thereafter more weakness up to 4750. Above 4915 target 4950.

Nifty Monthly : On monthly basis strong hurdle 5190, 5368 close above only think trend reversal only, down side remain below 4836, short term target 4450 in the month of March 2008. ( Market may bottom out April, thereafter one side move )

BSE : Broken 16457, now down side target 15332 short term. As remain below 18137 down side target 15876, 14365. Higher level it will face resistance 16291, break 16060, down side target 15900 and below.

BSE ( Monthly) On monthly basis strong resistance 17643, remain below down side target 16392, 15206, higher level it will face resistance 18200-18500.

CNX IT Higher level 3730 are a good resistance.

BANK NIFTY : Higher level it will face resistance 7450, break 7185 more weakness in this counter

SAIL : Monthly resistance 232 Today resistance 225, down side below 215 more weakness, otherwise corrective rally started.

TISCO :Today resistance 787, lower it will take support 751, 740 and it should not break under any circumstances.

ESSAR OIL : Monthly support 228..... Today resistance 243, break 233 weakness started.

SBI : Monthly resistance 2132..... Higher level it will face resistance 1800, 1848, down side break 1778, it will come down up to 1737 or below. Below 1750 real panic will start and down side target 1500 on the card.

INFOSYS : Monthly resistance 1569. Maintain short stop loss 1620. Today resistance 1400, 1412, down side target 1349.

TCS : Below 905 weakness continue... sustain below 840 down side target 725. Today resistance 840-845, break 810 more weakness on the card.

BALRAMPUR CHINNI : play for long with stop loss 76. Today it will face resistance 98, down side break 90, it will come down up to 86, 80. Close eye and strong hurdle 102, once cross and close non stop target 120 + in a few session.

AD LAB : On lower level likely it will take support 595. break below only another round of panic....and likely test 415 in coming days.