BSE - Below 14831

Our Target 12700, 10783

Major Resistance 15789-17750

Bear phase continue likely up to December 2008

24^th June, 2008.

Break & Close below 4500 will confirm the corrective rally will fizzle out and processing will start of retest of New Lows.

Written on 18^th June 2008

Please trade with Trading Plan like

Entry Level, Stop Loss Level, Profitable Exit & Trailing Stops and save what you have.

NIFTY FUTURE

Today likely bounce back from the lower level

Follow our Monthly level and decide your trading strategy

Above - Bullish/Resistance

Below - Bearish

NIFTY: : Today resistance 4075, 4120, down side below 4000, it will come down up to 3987, 3970. (Wait and watch first 30 minutes if not break yesterday low, likely bounce back)

BSE It will face resistance 13580,down side below 13405, short term weakness and likely bounce back expected.

BANK NIFTY : Watch the support level 4800-4850, if not break short term bounce back.

ESSAR OIL : Broken all support level, below 220 our target 125 mark in coming days.

AD LAB : Watch the support level 415-420 on panic and closely watch whether hold or not... (Just check what happened below 480)

EDELWIS CAPITAL : Our target 300 mark.....

INFOSYS : If break 1695, further wakness, otherwise it will face resistance 1750.

ONGC : Continue close below 900 down side target 573 +.

BALRAMPUR CHINNI : Monthly trend decider 95 Below 80, down side target 73, 70.

UNITECH It will face resistance 175, 175, down side watch the support level 160, below major weakness.

TISCO : Last and final support exit 680, close eye.