Higher level Nifty will face resistance

4920-4950, BSE 16210-16250

Crossover fantastic up move…..

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 :}

_{We are bullish above 4650……..}

_{Today support 4809, higher level resistance 4919,4981.}

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

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

Nifty: Today support 4825, upper side crossover 4888, immediate target 4925, 4955 or above.

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. Today support 16010, higher level it will face resistance 16200, 16250 and sustained above with volume only promising, otherwise another round of selling can not be ruled out.

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 today break 3650, down side target 3621 or below, higher level it will face resistance 3670.

BANK NIFTY : Hold 7320 up move continue and higher lever it will move up to 7500 +, down side below 7160 only weakness.

SAIL : Monthly resistance 232 Today support 229, crossover 240, it can move up to 250. keep a stop loss 222 for long position.

JP ASSOCIATES : Monthly resistance 300 Above 240 looks fantastic and short term target 280 in coming days.

BAJAJ HINDUSTAN : Monthly level 240.(Yesterday check high 239.90) Today support 226, crossover 241 immediate target 249, thereafter real bull move start in this counter. Hold 198 no problem for bull

BALRAMPUR CHINNI Today support 92, crossover 96, immediate target 100, 102, thereafter do not remain short, Hold 76 no problem for bull.

UNION BANK : Keep a stop loss 132 and play for long…. Today support 154,crossover 166 one side move on the card

SBI : Today crossover 1912 over all buying in this counter…

UNITECH It will take support 275, crossover 282 with volume immediate target 293, 304 or above. Above 285 looks great gun…. Highly over sold counter…

ESSAR OIL : Monthly support 228….. Looks good, keep a stop loss 200 for long. Last and final hurdle exit 251, thereafter one side move.

TISCO : Higher level strong hurdle 845-850 .

ACC : Avoid buying as remain below 850.