Friday, October 3, 2008

NIFTY : . Today support 3937, 3931, decisively break down side target 3874, higher level it will face resistance 4080-4100, 4013, 4030


BSE : Down side support 12985, higher level it will face resistance 13203, sustained with volume likely target 13500-13600. Corrective rally will face resistance 13800, 14221. thereafter again slid off can not be ruled out.


CNX IT : Down side support 3150, 3111.


BANK NIFTY : Today support 5900, 5750, higher level resistance 6110.

BANK OF INDIA: Looks good, keep a stop loss 280 and buy, above 297-300 fantastic up move and target 315, thereafter one side move. Higher level resistance 300, Once cross fantastic up move.


SBI: Today support 1481, crossover 1525, fantastic up move expected. Higher level major resistance 1600.

BANK OF BARODA: Hold 280 bull will charge continue. Above 315 fantastic up move can not be ruled out. Today support 306.

AXIX BANK: Two close below 700, weakness only, otherwise looks great ....(Yesterday our all clients bought above 725).

TCS: Short term bottom established, however, higher level it will face resistance 700.


JP ASSOCIATES: Today support 116, break below short term weakness and target 112 or below, higher level it will face resistance 122. Major support zone 100-105, panic buying opportunity. Major resistance 135-142.

GMR INFRA: Higher level resistance 92-94, down side support 88, below short term weakness.

HDIL: . Today resistance 175, 180, down side support exit 160, thereafter more weakness. Over sold counter.

RPL : Something wrong in this counter.....close eye please, two close below 140, some bad news.

RANBAXY :Over sold counter, value based buying...catch it...

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