Thursday, April 10, 2008

Nifty: . Trend Decider of April -- 4808. Today support 4724, break below it will come down up to 4690, 4662, higher level it will face resistance 4800, 4808, thereafter target 4850
Nifty (Monthly – April) Consider support 4808,
4600,4450, higher level it will face resistance 5000, 5148,5562.

BSE : Trading range 15300 to 16500. Monthly trend decider 15849.. sustained above target 17022, 18400, down side support 14471. Today support 15700, 15560, higher level cross and sustained above 15850, looks good and first target 15900, thereafter over all buying in the
market….If up move continue likely target 16450.

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 : Higher level strong hurdle 3945 which is stop loss of short position.
CNX IT (Monthly) : Monthly resistance 3945……
BANK NIFTY Higher level strong hurdle 3945 which is stop loss of short position.
BANK NIFTY ( Monthly) Major Monthly Hurdle 7150…..
DOW INDUSTRAI AVERAGE : 200 DMA 13123.
Major resistance 12700-12850….
RELIANCE : Monthly Trend Decider 2271. Today support 2400, higher level it will face resistance 2455, thereafter over buying in this counter….down side support 2377.
RCOM Monthly Trend Decider 520. Looks bearish and rise on selling is a best strategy. Above 500 any where selling is a best strategy… break and trade below 490 more bearish.
BAJAJ HINDUSTAN : Monthly Resistance 202. Decline up to 202-205 are best buy with stop loss 195 target 210 and sustained above fantastic up move….
BALRAMPUR CHINNI : Monthly trend decider 87… Today support 90, higher level it will face resistance 95, 99 or above…
TRIVENI ENGG : Higher level 111, 115-116 are major resistance as remain below weakness continue. Monthly trend decider 112. Ready to break out… if continue close above 111 non stop target 133 or above…….
HDIL : Keep a stop loss 600 and buy….. any time one side move
MRPL Keep a stop loss 80 and buy for target 100 mark in coming days.
SCI : Last and final hurdle exit 225, thereafter real up move start in this counter
RPL Above 175 real power will show by big brother……
EDUCOM COMPUTER : Higher level major resistance 3980-4000 which is a major hurdle……today support 3773.
BANK OF BARODA Keep a stop loss 267 for long position…

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