Wednesday, April 2, 2008

Nifty: . Today support 4723, higher crossover 4800 and sustained above with volume 4817, 1895 or above… Trend Decider of April -- 4808.

Nifty (Monthly – April) Consider support 4808, 4600,4450, higher level it will face resistance 5000, 5148, 5562.

Nifty (Quarterly) Higher level resistance 5180…. Above strong bull favor…

BSE : Today resistance 16122, 16404…down side support 15586…

BSE (Monthly – April) : Monthly trend decider 15849.. sustained above target 17022, 18400, down side support 14471.

BSE (Quarterly) : Higher level quarterly resistance 17176.. above looks good

CNX IT : Today crossover 3686, over all buying in the market and first target 3745. down side support 3615.

CNX IT (Monthly) : Monthly resistance 3945…….

BANK NIFTY : Today support 6594, higher level it will face resistance 6741, 6874.

BANK NIFTY ( Monthly) Major Monthly Hurdle 7150…..

World Market Up dated

DOW JONES INDU AVERAE

Higher level two major hurdle 12700-12850

Two close above over all rally in Word Market.






RELIANCE : Today support 2321, 2267, higher level crossover 2375, it can move up to 2400 or above…. Monthly Trend Decider 2271.

RCOM : Looks good. Today support 514, crossover 525, it can move up to 534, 545…. Monthly Trend Decider 520.

RPL : Yesterday closed above 165 which is very bullish sign…. Today support 164, crossover 170 immediate target 178 thereafter more up side… Monthly Trend Decider 158

REL CAPITAL Today crossover 1225, it can move up to 1266, 1300, 1321. down side it will take support 1168. Monthly trend decider 1358.

REL Today support 1280, crossover 1310 fantastic up move in this counter…down side support 1230. Monthly trend decider 1310.

NTPC :Massive resistance zone 205-210….. today resistance 200, 205, down side support 195, 191. Monthly trend decider 188. Higher level cautious approach.

BHEL : 2100 are a strong resistance and higher level selling is a best strategy……Today resistance 1947, 2015… Monthly trend decider… 2011. Good opportunity for short sell at higher level..

LT Today resistance 2942, 3043 and sell this stock…..major hurdle 3180…….down side support 2560… Monthly trend decider 3035. Major resistance 3150.. and avoid buying at higher level.

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