Higher level Nifty Resistance 5020
Short Covering + Fund Based buying by Mutual Fund continue.
Short term bottom established 4450….short term trend is up and advised to close short position and decline buy front line stocks only.


Close below 15332, non stop target 14500, 14300 or even 13300 which is aggressive buying zone for smart traders.

NIFTY FUTURE :
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Today support 4841, 4784.. crossover 4903…..?




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.




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 support 4797, 4785, higher level it will face 4900, crossover it can move up to 5000.5020 and 5088 which is a strong hurdle.
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, 14365. Higher level banned 15720-15860. Today support 16030, higher level it will face resistance 16392, 16449 or above.
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 : Higher level strong hurdle 12700……

CNX IT : Today support 3785, higher level laxman rekha 4032.. close above first sign of positive only.

BANK NIFTY : Today support 7046, 6964.. higher level it will face resistance 7290.



Reliance . It will take support 2284, crossover 2341 and stay with volume more than 10 minutes more up side on the card…… close eye these level…



RPL : Higher level strong hurdle 162-163 level, today down side support 155, 152, 150, thereafter weakness started



REL CAPITAL Major weekly and monthly support are near to 1300. Today support 1275, higher level multiple resistance like 1380, 1400, 1425 and its not easy task to clear these hurdle.



SAIL :Today support 197, 192, higher level resistance zone 202-205, once cross immediate target 215 +. Stop loss 180 for long position.



INDIA BULL REAL ESTATE : Higher level strong hurdle 454.



NTPC : Today support 197, 195. once sustained above 200 with volume immediate target 205, 210. Above 200 super hot buy…..

SOFTWARE STOCKS



TCS : Today support 870, 841, higher level crossover 900, it can move up to 905-930 which is a major hurdle of this counter……….

SATYAM COMPUTER : Today support 400.. higher level it will face strong hurdle 440-450.. and selling is a best strategy.

HCL TECH LTD Heading towards 299-300…..

WIPRO : Higher level it will face resistance 450………today support 429, 415…