Bottom out processing in the market ?

Or

One more panic ?

Time will tell you.....

Nifty Support 2500 - close below, another round of panic

Above 2800, non stop target 3000

Market over sold zone,

Short term bottom formation established

Counter Rally, take advantage

BSE first target 9000

then 10750- 11000

No Short sell please

All views valid if hold

Nifty 2200, BSE 7500

If break yesterday low

BSE 7697- Nifty 2253

Another round of panic

and lower lever target

BSE 6250, Nifty 2000-1800

_________________________________________________

BSE BELOW 8888

TARGET 7250-6300-6250

NIFTY FUTURE

Down side support exit 2660,below

another round of panic can not be ruled out, but on pnaic strong buying opportunity expected.

: BANK NIFTY :

Panic buy.........but cautious approach at higher level.

NIFTY :    Weekly Trend Decider 2788, resistance 3051 3518, support 2321, 2058. Today support 2632, 2650, higher level it will face resistance 2750-2780.

BSE :  Weekly Trend Decider 9269, resistance 9970, 11239, weekly support 8000, 7298 Once cross and close above9000, it will move up to 10200-10750, thereafter 11900 expected.

CNX IT : Weekly resistance 2500-2550 above only move. Today support 2491, 2450, higher level it will face reisstance 2650.

BANK NIFTY :
   Hold 4200 short term up move can not be ruled out..

RELICANCE CAPITAL:        Weekly trend decider 636, resistance 674, 734, support 576, 537. On decline 590-600 are a strong support, hold bull favour.

SUZLON ENERGY:
 Weekly trend decider 62, resistance 80, 113, support 29, 11. Highly oversold counter, advised to take delivery.....and hold

UNITECH:  Weekly trend ecider 48, resistance 67 support 12. At the current level, highly over sold, up move continue. Excellent news on the card. Today trading range 47 to 58.

HDIL:      Above 160 if sustained think positive, otherwise sell only . Weekly trend decider 143, resistance 155, 172, support 125, 113. Looks good and decline to buy this stock, As remain 136-137 up move continue.

IBREAL : Close eye 124, if hold and close above target 140 mark in short term.

LANCO Weekly trend decider 113, resistance 130, 161, support 81, 64. Two close above 116, target 131 in short term. Excellent stock.

HINDALCO : Keep a stop loss 45 and buy for target 73 mark in November series.

AXIS BANK Weekly resistance 575, resistance 632, 726, down side support 481, 424. As remain 475 time being bull favour and hold your position too.

VIDEOCON INDUSTRIES : Buy and forgot, at the current price, looking very very cheap. Excellent valuation of subsidiary of Datacom (Celluar Business). Buy on every decline and hold for 24 to 36 months.