Wednesday, June 25, 2008

Free fall in Bank Nifty

Below 5537 target 4800-4900, then 4573

Be prepare for Blood Bath

Watch the Nifty support 4000 on panic.

Broken all support level and there is no support level in far side. - Be prepare for severe fall in coming days.

BSE - Below 14831

Our Target 12700, 10783

Major Resistance 15789-17750

Bear phase continue likely up to December 2008

NIFTY: Today resistance 4217, 4245, down side below 4150, panic up to 4100, 4075, 4067, 4000.

NIFTY (Monthly) Trend Decider 4990, continue close above, positive only, down side remain below, 4681, 4493 and below, higher level above 4990, it will face resistance 5178.

BSE Decisively break yesterday low 14645, short term target 14289. (close above 15825 non stop target 16500 ) 14830 (which is last and final support, thereafter vertical fall can not be ruled out.) .) Higher level sell only....today resistance 14175, down side below 13990, immediate target 13920, 13775 or below.

BSE (Monthly) Trend decider 16782, remain below, down side target 15829, 15242, higher level it will face resistance 17368, 18322.

BANK NIFTY : Today resistance 5541, down side break and trade below 5389, 5210. Ultimate target 4167.


RELIANCE : Monthly level 2606 (Likely it will touch 1435 short term. Choice is your believe it or not) Today resistance 2070, 2125, down side below 2015 target 1952 or below. Continue hammering by bear operators......

RPL : Sell and Sell stop loss 180, below 160, just see the screen of this counter..our first target 140. thereafter....

RNRL : Monthly trend decider 110. Sell and Sell, below 72 there is no support really and it will touch.......?

SUZLON ENERGY : Monthly trend decider 286 On every rise sell with consider major resistance 255, today break and trade below 236 down side will be accelerate.

NTPC : Red Hot sell below 160...

TISCO : Free fall and make money....

PNB : Break and trade below 411 non stop target 400, 390, 376.

BAJAJ HINDUST: Below 191 we are in a selling mode.

BANK OF INDIA : Below 205 free fall .

ICICI BANK : Below 700 real panic in the market...

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