Consider Support

BSE - 12300 + -- NSE 3737

Consider Resistance

BSE - 14066 - NSE 4215- CNX IT - 4105

Vote of Confidence -22^nd July 2008

If govt. survive the trust vote

BSE - Likely 1000-2000 point rally

NSE - From 4200 thereafter 4600

Catch it Anil ADAG and Power stocks

in case of govt. survive

_________________________________________________

If not

BSE target - 12000 or below.......

NSE target 3700-3300-3200........

BSE Remain below 15250, downside target 12700 , 10783, 10000 (before Dec. 2009)

(Just short of our target (12822)

NIFTY : Higher level major resistance 4215 Today support 4043, 4000, higher level crossover 4111, immediate target 4150, 4200.

NIFTY (Monthly - July ) Monthly resistance 4323, above only positive movement in the market, down side target 3738, 3436 and below

BSE Higher level major resistance 14127, Crossover yesterday high13560 first sign of strength, which indicate that relief rally which was started from 12822 is still hold. Higher level major hurdle 13500-13550.

BSE (Monthly July ) Monthly resistance 14500, crossover and continue close above, first sign of reversal, down side target 12367, 11372. (short term support 12700) Today support 13471, higher level it will face resistance 13848, 14000.

BANK NIFTY : Higher level 5567 are major hurdle, down side target 4456, 3886. Today support 5303, 5188, higher level it will face resistance 5503, 5567.

BANK NIFTY : (Monthly) Higher level 5567 are major hurdle.

CNX IT : (Monthly) Higher level 4250 are a strong resistance, down side support 3726, 3454 or below. Higher level 4200-4250 are a strong resistance, close above continue sign of strength only.

RCOM Monthly trend decider 486. Lower level target 390, 337, 241. Down side support 429, higher level major hurdle 450-460 range, break 429, weakness on the card. (Deal is off which is a beneficial ? )

REL CAPITAL : Monthly trend decider 1005. Lower level target 789, 675, 459. If hold 1010 in coming days session minimum target 1400 +.

SUZLON ENERGY : Monthly trend decider 238. Lower level target 189, 162. Hold 190 target 210-211 and above more promising but ...........

SAIL Monthly trend decider 148. lower lever target 127, 115, 93. If hold 115, corrective rally first target 138.

NTPC : Monthly trend decider 157, lower level target 142, 132, 116 ABOVE 175 looks good. On every decline buy this stock with consider stop loss 159.

HDIL : Looks good Down side support 412 today support 415, higher level crossover 437, target 458, therafter more up side.

LANCO : Today support 290, higher level it will face resistance 303-305, crossover with volume over all positive in this counter.

IDFC Higher level major resistance 117-119, crossover and close above with volume more up side in this counter. Today support 105, 99.