Down Side Strong Support Exit

Nifty - 4860 - 4800-

Break and close below 4800 -

no body can stop up to 4400

BSE - 16457-----thereafter..15332

Higher level strong hurdle

Nifty 5190...5368.

BSE Major hurdle 17200-17250

Break and trade below severe panic on the card

NIFTY FUTURE :

Today resistance 4942...

Break 4877, down side target .......? Then U turn....

We do not just provide a Trading Call ,- BUT - we are also providing how to protect your capital as well as make a profit in volatile market.

Please watch monthly level and decided your trading strategy in the month of March... Trade below bearish and trade above bullish.

Nifty: Today resistance 5000, 5056 (200 DMA) down side break 4936, non stop target 4862, 4850, 4800 (thereafter real panic will start)

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 : It will face resistance 16846, down side break 16634, it will come down up to 16465, 16253 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.

Reliance . Today resistance 2331, 2375, down side break 2289, it will come down up to 2263, 2222 expected. Monthly resistance 2446, three close above, think trend reversal only.

REL CAPITAL: Down side heading towards 1500-1510......Monthly resistance 1842..... Today resistance 1680, down side break 1610, it will come down up to 1550 or below.....

REL : Today resistance 1510, down side it will take support 1441, 1398.. Lower level do not play short sell blindly in this counter. Monthly resistance 1705. today close eye at lower level...

ISPAT LTD : Resistance 44, 46.... Below 40 looks very bearish......target 36 or below.

NTPC Below 200 weakness continue.......Monthly resistance 203..... Today resistance 192, 195, down side break 187, it will come down up to 182 or below.

IFCI Monthly resistance 64.50. Today resistance 63, down side break 60 with volume immediate target 59, 58 or below...

ONGC : Monthly resistance 1015, 1055, Today resistance 990, down side break 968, it will come down up to 950 or below.

M&M : Monthly support 655, higher level major resistance 732. Today support 665, 651 and decline to best buy.... Higher level it will face resistance 710.

RANBAXY : Continue close above 460 strong bull favour..