Consolidation continue in the market…. which is bull favour
Down side Nifty Strong Support 4700-4750
Close below 4500 exit your all position and play for short sell………
CLOSE ABOVE Nifty 4900-4925 – Aggressive Buying Advisable……

Crossover -----
BSE – 16111- Nifty 4863- Buying Mode
Break - ----
BSE 15869 – Nifty 4769 – Short term weakness
But buying opportunity. Close below 15332, non stop target 14500, 14300 or even 13300 which is aggressive buying zone for smart traders.

NIFTY FUTURE :Down side panic buy…… support 4804 --4755
Every decline valuation are attractive and tempting to buying, but until or unless technical cycle will not complete best way to avoid. More server correction in coming days and wait till the buying opportunity emerged.
Nifty: Higher level 5020 and 5091 are a major hurdle. Today support 4800, 4778, higher level it will face resistance 4872, 4915, thereafter………….
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 ) Close below 4450 down side target 4250.4180.
BSE : Broken 16457, now down side target 15332 short term. As remain below 18137 down side target 15876, 14500, 14365, Down side strong support 15885, higher level it will face resistance 16127-16240.
BSE ( Monthly) On monthly basis strong resistance 17643, remain below down side target 16392, 15206, higher level it will face resistance 18200-18500.

DOW INDUSTRAI AVERAGE : hurdle 12700……
CNX IT : Real move only above 3917…… today down side support 3697……
BANK NIFTY : Two close above 7100 looks positive only.
Reliance . Monthly resistance 2446, three close above, think trend reversal only. Down side major support weekly and monthly chart looks 2100-2125 and close eye these level, whether hold or not. Today support 2238, higher level it will face resistance 2308, 2346.. try to catch at lower level… pattern suggested target 2500 + incoming days.

AD LAB : Today support 611, 588, higher level it will face resistance 642, 650.
SAIL : Cross and sustained above 206 real strength show of this counter…down side support 195, 191 which is buying area… above 206 immediate target 215 +.
NTPC : Crossover 203 real power will show… down side support 191, 190.
BAJAJ HINDUSTAN : Higher level consider strong hurdle 198-200 range… if cross with volume and stay 10 minutes, over all buying will emertged.
SUZLON :Higher level strong hurdle 245-250, if reversal sell and cover at lower level, down side yesterday hold support level 220…..close below 220 free fall……..? If hold buy and play for long with minor stop loss… Both side opportunity for swing traders…..
HINDALCO : Higher level major hurdle 178-180…..
SBI : On decline up to 1600 near best buy with stop loss 1580 target 1700 + in coming days….
DIVIS LAB : Today support 1284, higher level crossover 1320 it can move up to 1348, 1390… decline to buy only.
DR. READDY LAB : Stop loss 560 for long position…..