Remain invested in the market….
Nifty closed higher above 50 DMA – which is bullish sign.
Bullish pattern…Above 4950 target 5200-5300-5400, thereafter heavy fall in the
market.
NIFTY FUTURE
Today support 4955, 4925. 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: . Trend Decider of April -- 4808. . Today support 4944,4903, higher level it will face 4985, it can move up to 5000, 5020
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 16400, 16390, crossover 16600, target 16700 or above.
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 : Hold 3968 up move continue…..close eye these level
CNX IT (Monthly) : Monthly resistance 3945……
BANK NIFTY Today break 7150,short term weakness
on the card.
BANK NIFTY ( Monthly) Major Monthly Hurdle 7150…..
DOW INDUSTRAI AVERAGE : 200 DMA 13123. Last four months trading range 11500 to 12850.. Break out in either side looks one side move..
RELIANCE : Monthly Trend Decider 2271. Today resistance 2660, down side strong support 2615, 2600…. Panic catch… today result day…… TWO CLOSE ABOVE
2650, bullish break out…
RCOM Monthly Trend Decider 520. . Today support 525, 521, higher level resistance 536, 541 and 546, thereafter…..
TATA POWER : Something cooking in this counter.. unable close below 1075 (200 DMA) and started upward journey. Decline to best buy with consider stop loss 1190. Watch the support level of 1254….crossover 1320 fantastic up move.
SAIL : Above 173 target 181 +.
TATA TELE : Looks worst is over with consider support of 27.. above 30 looks good and catch it. Crossover 35 short term target 42 or above (yesterday we bought heavily above 30)
JP ASSOCIATES : Accumulation going on by smart players. Just check the volume of last three trading session in Cash and FO Segment and decide your trading strategy.
ISPAT IND : Today support 32, last and final hurdle exit 33.50 and 35, thereafter u will see 40 and above.
SUPER DUPER HOT BUY. (Yesterday our all clients bought heavily)
HIND MOTORS : Hold 32.50 short term target 45 in coming days. Any time freeze session will start.
EDU COMP SOFTWARE : Ready to fly. Last and final hurdle exit 4000, thereafter ?
IDBI, IDFC, BANK OF INDIA, BOB, CAN BANK, VIJAYA BANK, HDIL, LITL , WIPRO, HOTEL LEELA, MARUTI, DLF, NEYVELI LIGNITE, AIR DECCAN : All are looks good….