Nifty Future :

Small Trading Range , Break 2930, more down side, hold 3020, it will show real strength.

EXPERT COMMENTS:

FII's were continuously taking interest in buying. PCR level is also almost same as activity seen both in call and put. Mostly active calls were the 3000 and 3100 call, so we guess 3100 will be the level which we can see in the coming days. Sugar sector and fertilizer sector were the most active sector today. Fresh long position have been developed in Noida Toll, Nagarjuna fertilizer, hindalco and chambal, so we suggest the traders trade with positive in these stocks. While profit booking was seen in RCOM, TCS, and PFC so participants can trade in this stock with negative bias.

NIFTY :  On going Rally Major resistance 2835. Weekly trend decider is 2881. Resistance is 2996 while the major support levels are 2807 2692. Major Hurdle3250.(Continue close above this level, first sign of bear market is over) Today's resistance 3010 and 3040 while downside levels are 2952 and 2923. Nifty was following a very strict range today. Major support 2750 and decline to buy only.

BSE :  As remain 9300 bull will charge continue. Weekly trend decider is 8924 weekly support is 8508 8051 and resistance is 9381 9798 Close watch trading range 9300 to 10000.

CNX IT : Weekly trend decider 2265 resistance is 2352 2485 while support is 2131.Today's resistance is 2260 2319 and support is 2166 2131. Selling pressure seen in this counter may be due to the increased inflow of dollar

BANK NIFTY . As remain above 4000, decline to buy only target 5000 mark. Weekly trend decider is 4585 support is 4485 4316 and resistance is 4754 and 4854.Today's resistance 4800 4890 and major support levels for today are 4650 4593.

DOW : Consolidation between 8000 t0 9500.

RELIANCE: . Weekly trend decider is 1247 resistance is 1387 1464 and support is 1170 1030 Higher level resistance 1375 1410, down side support 1288.

LT: Weekly trend decider is 773 having major support of 741 699 and resistance is 814 846. Upper level may face the 837 852 and support 801 781. Close above 850 non stop target 960

NEV LIGNITE: If cross 61 and sustained see what happened in this counter.

REL INFRA:  Weekly trend decider 619, resistance 690 735 support 574 503. Today's resistance is 671 690, consider a support of 638 623. Above 677 more up side.

HDIL: Weekly trend decider 103, resistance 118 126, support 94 80. Today's resistance is 133 140, support is 116 105. Yesterday we have mention that it will touch 120++ that is what we have witnessed today. Major support 118-120.

PUNJ LLOYD: Strong hurdle 160-165, thereafter buy your choice... and sell.......

HINDALCO: Buy and forgot.

CHAMBAL FERT, NAG. FERT. NOIDA TOLL BRIDGE ; All looks good and catch if you can.....

ASHOK LEYLAND : Oversold counter.....

BANK OF INDIA: Weekly trend decider 263, resistance 281 290, support 254 236. Major resistance 280.