WATCH TODAY NIFTY 4400

BSE - 14500-14510

(channel support level - Lion heart traders think buy at that level only...)

If hold, Dead cat bounce...

otherwise.......?

Higher level strong hurdle Nifty 5022.

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

NIFTY FUTURE :

Today lower level target 4451, 4404. 4355

Higher level it will face resistance 4571

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.

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

Nifty: Today support 4449, 4408. higher level it will face resistance 4576, 4596..........

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. It will face resistance 14957, 15000, down side break 14738, immediate target 14500 or below.....Like at the level market will take support.

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 : Free fall continue up to 3288 and below...

BANK NIFTY : Remain below 7100, down side target 6000 +.

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. Break and close below likely target 2050, 1750 + in coming days. Today it will face resistance 2200, down side watch the support level 2132, 2121 if trade and break free fall on the card.

RPL : It will face resistance 156, down side break 151 free fall on the card....Last and final support exit 140, thereafter no body can save up to 105.

REL CAPITAL Ultimate target 960 +

NTPC Monthly resistance 203...210.. Below 180 only weakness and immediate target 158 or below....

LT : Break 2650, real panic will start in this counter.

HDFC LTD Down side target 1970 or below... sell on rise only

GMR INFRA Down side strong support 135 exit, thereafter............

NEV LIGNITE : down side 100 are a strong support, close eye...

ORCHID CHEMICALS : 40 % down in a one day... today watch the support level 110...

EXIT ALL BROKERAGE HOUSE STOCKs

Down side target.....10 to 15% of their Peak....

India Bulls Likely touch 155 + ( yesterday closed 400. Paid up 2/- now actual price 2000.... ))

India Info Line : Likely touch 300 + (from 80 to 1975.)

Edelweiss Capital : Short term target 270 + (5/- paid up)

Emkay share Broker : Down side target 63 +

Motilal Oswal : Down side target 350 + (5/- paid up)

Religare : down side target 110 + (bet Ranbaxy only)