: Nifty Future :

Heading towards 3150 +

EXPERT COMMENTS:

Nifty PCR becomes 1.02 against 1.45 as significant built up was seen in 3000 and 3100 call option so we may guess that 3100 will be the most strong resistance before expiry. FII has formed some short position in index future but at the same time they were the net buyers in index option, this activity suggest us that they might be creating hedging position in market they don't want to take any risk any way. In stock options ONGC 740 and 720 call were so active so we may see these levels of ONGC in coming days. We have find some fresh long positions in Suzlon, ONGC, BHEL & SBI so we suggest participants should trade in these stocks with positive 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 Hurdle 3250.(Continue close above this level, first sign of bear market is over)
Major support 2750 and decline to buy only. Today's resistance 3074 and 3107 while downside levels are 2985 2929.

BSE :  As remain 9300 bull will charge continue.
Weekly trend decider is 8924 weekly support is 8508 8051 and resistance is 9381 9798 . Hold 10000 and close above, likely more up side.

CNX IT : Weekly trend decider 2265 resistance is 2352 2485 while support is 2131. Today's resistance is 2296 2328 and support is 2211 2158. Fresh buying seen

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 4878 4936 and major support levels for today are 4719 4618

DOW :
Consolidation between 8000 t0 9500.

RELIANCE:
.
Higher level resistance 1415 1442, down side support 1343. Weekly trend decider is 1247 resistance is 1387 1464 and support is 1170 1030.
Ultimate target 1500 and exit our all long position.

ONGC: Weekly trend decider is 659 major support levels are 621 597 while resistance is 683 721. Today's resistance is 734 755 and support is 682 651. we may show 740 level in coming days. Looks good.

SUZLON ENERGY:
Weekly trend decider 50, resistance 56 60, support 46 40. Today's resistance level 60 62 and support levels 55 52.
Above 60 more up side.

NTPC:
Weekly trend decider 166 resistance 170 176, support 160 156. Today's resistance 178 182, down side TGT 168 162. showing very good buying indication. Above 175 bull favour

HDIL: 
Heading towards 160.

IBREAL: Major resistance 160-165 range.

PUNJ LLOYD:
Weekly trend decider 153, resistance 160 171, support 142 135. Higher level major resistance 170 177, support is 154 145. Above 160, it will show real power and likely test 180

RCOM:
Weekly trend decider 236, resistance 267 285, support 218 187.
Today's resistance is 239 245 and support is 228 223.
Consider major resistance 262-265, till then sell only.

UNIONBANKOFINDIA:
Higher level resistance 163 168 and support is 150 142. Weekly trend decider 149 resistance 157 168, support 138 129 . fresh long position seen in this counter.

SATYAM:
Weekly trend decider 232, resistance 244 263, support 213 201. Below 230, do not touch this stock.

GTL INFRA : Take a small risk and buy.... Last and final hurdle exit 42, thereafter minimum target 55 +,