Corrective rally likely fizzle out any time

Maximum Up side

Significant resistance Zone

Nifty 3250-3300

BSE - 10750-11000

Thereafter........

↕ ↔ ↕

Nifty likely test 2700

BSE likely test 9000-8500

in coming days

Book profit at these/short sell

level and wait and watch of the mark

From

_

7697 to 10373

35% rally appreciated already

from lower level,

V

Shap rally always

_

2676

Short term over bought

NIFTY FUTURE

Massive resistance zone 3200-3300

If continue close above think positive,

Otherwise

big correction ,Nifty Will test 2700-2500 or new low in coming days.

NIFTY :    Weekly trend decider 2693, resistance 3134, 3361, support 2467. Today support 3023, 3001, below down side target 2950, higher level it will face resistance 3100, crossover it can move up to 3200 or above. Very cautious approach at higher level

BSE :  Weekly trend decider 9120, resistance 10539, 11292, support 8366, 6945. Today support 10275, crossover 10373 and sustained with volume target 10436, 10600.

CNX IT : Hold 2500 bull will charge continue and target 2950. Below 2700, short term weakness expecte

BANK NIFTY :
  Hold 4300 bull favour target 4800 + are above. Target achieved. Close below 4793, exit your long position.

RELIANCE:    
Weekly trend decider 1230, resistance 1530, 1695, support 1065. Today support 1430, 1400, break below further weakness, higher level it will face resistance 1465

ONGC :   Weekly trend decider 640 resistance 742, 801, support 582, 480. Today resistance 728, close above non stop target 800, if not so play for short.

REL INFRA :     Weekly trend decider 428, resistance 502, 540, support 389, 315. . Looks good. Hold 513 hold your long position, below only weakness can not be ruled out.

RNRL:   Weekly trend decider 42, resistance 48, 52, support 38, 32 Above 52 hold your long position

HCC : Hold 48 target 68 in coming days.

PARASWANATH Hold 48 target 57 mark then 70 mark.

RCOM Weekly trend decider 201 resistance 256, 289, support 169, 114 Strong resistance zone 248-255 and reversal expected

SAIL:  
Weekly trend decider 80, resistance 99, 110, support 69, 50. If crossover 92, bull will charge target 99, otherwise sell this stock.

STERLITE :   . Strong hurdle 300-305.

UNION BANK OF INDIA : Weekly trend decider 125, resistance 137 147, support 115 103. Massive and multiple resistance 140-145 and sell this stock.