NIFTY . Today resistance 4990, 5034, down side break 4943, immediate target 4943, 4900, thereafter more weakness on the card.

NIFTY (Monthly May 2008 ) Consider 5000-5008 are a good support and remain above first target 5388, thereafter 5688, down side trade and sustained below (5000-5008) 4786, 4406. Your stop loss for long position 5000 mark.


BSE : Today resistance 16845, break 16697,16660 down side target 16605 16457, thereafter free fall on the card.

BSE (Monthly May 2008) 16688 are a trend decider of the May 2008, remain above upper side target 18079, 18871, down side trade and sustained below (16688) 15896. (May month are very crucial of the Indian Market , if hold 15000 first sign of worst is over)


CNX IT (Monthly May 2008) 4140 are a trend decider of the May 2008, higher level sustained above target 4652, 4947, down side below target 3844.


BANK NIFTY (Monthly) 7297 are a trend decider of the market, remain above target 8145, 8660, down side it will take support 6778.


RELIANCE : Monthly Support 2525. Today resistance 2529, 2571, break and trade below 2488, down side target 2450 or below.

RPL : Higher level sell only... break and trade below 176, immediate target 172....higher level strong hurdle 187.


ESSAR OIL : down side 240-236 are a strong support, if hold no problem, otherwise weakness persisting. http://www.bharti.com


GMR INFRA : Monthly support 155. Today resistance 146, down side watch the support level 139-140 range, break and trade below real panic will start.


PRAJ INDUSTREIS : Today resistance 197, down side break 191 immediate target 184. close below 184 exit your long position

INDUS BANK : Below 85 super hot sell.....