NIFTY : Today resistance 4156, 4190, down side below 4100, further weakness up to 4082.

BSE : As remain below 15107 bear will charge continue. Today resistance 13700, 13851, down side support 13416, 13265

CNX IT : Keep a stop loss 4000 on closing basis and hold short position, lower level target 3086.

BANK NIFTY : Major support 5555, close below exit you long position in Banking stocks. Today resistance 6100, 6191, down side support 5942.

FII STRATEGY AS ON 23 SEP 08:

According the FII statistics most active contracts are Nifty 3950 put price wise up by 450%, Syndicate Bank 70 call price up by 400%, Rel Cap 1080 put price increse by 352.72%, Syndicate Bank 65 call price up by 340% and Ranbaxy 350 put ith price increase up by 321.89%.

Total NET BUY/SELL VALUE in Index future is 2946.51 cr, in Index Option it is 203.82 cr, In Stock Future the total FII's buy sell value is 866.67 cr, and in Stock Option it is -36.2 cr.

PUT CALL RATIO:

Nifty put call ratio OI wise it is 0.78 while volume wise the ratio is 0.94.

RELIANCE: Today resistance 2035, down side below 2000, further weakness up to 1980, 1966. Positive only above 2151

RELICANCE CAPITAL: Today resistance 1230 and major resistance 1268, down side below 1200 and sustained with volume further and broad weakness on the card. Major support 972.

DLF: Below 410, 421 selling opportunity only.

BHARTI: On rise sell... with consider resistance 830-840. close above change your views only. Below 820 sell only.

RCOM: On rise sell only with consider resistance 380. close above with volume change the trend and short term target 413. Keep a stop loss 408 and hold short position.

SAIL: Higher level resistance 150-153, remain below selling opportunity. Keep a stop loss 150 and play for short sell.

BANK OF INDIA: Today support 280, below further weakness, higher level it will face resistance 290. Below 297 sell only

AXIX BANK: On rise sell at 695-700 stop loss 710 target 680, 670. Keep a stop loss 724 for short position.

HCL TECH: Hold 255 short term movement continue