NIFTY . (consider on going rally 4916 are a strong support) close below first sign of corrective rally fizzle out.) Today support 5024, 5065, higher level it will face resistance 5112, 5154, 5172 thereafter more up side 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 : (Higher level strong hurdle 17500, down side strong support 16546, between these trend market in a trading range) Today support 17121, 17013, higher level it will face resistance 17367, crossover it can move up to 17452, 17500.

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.

RCOM : Monthly support 552 Lower level strong support 580 and decline to buy only…. Higher level 610, 622 are two major hurdle, cross and sustained real move will start
only, otherwise…..? (our paid client bought from the level of 527 and sold yesterday)

IDEA : Monthly support 105… Looks good and ready to big up move on the card. Down side support 108, higher level massive resistance exit 112-113, successful crossover, big fire works in this counter. (Smart players are accumulating from the level of 100 onwards)

GMR INFRA : Monthly support 155. Down side support 144, buy only on the basis of closing price of 155.

HDIL : Today support 828, 806, higher level it will face resistance 863, 875. (Today Board meeting and likely bonus announcement)

BALRAMPUR CHINNI : Monthly support 98. On decline accumulate as consider support 90 on closing basis, hold heading towards 131 + in coming days.

PRAJ INDUSTRIES : Close eye, big up move in coming days if hold 184 level.

VIDOCON IND. Down side 359 are a key support, higher level hold 412 target 450 +. (At current price still dirt cheap, looking to valuation and highly diversified company) (our all clients hold from the level of 300 and our target are ………..? )

SBI : Down side support 1614, higher level strong hurdle 1710-1720…..

UNITECH LTD : Major resistance 293, down side break 273 and trade, weakness accelerated.

JP ASSOCIATES : Below 272 avoid buying please…likely down side target 242.

NTPC : Below 194 target 180, thereafter……..

DLF : Break 628 with volume….more selling invited. Today resistance 656.

TATA POWER : 1450 are a key support of this stock.