EXPERTS COMMENTS

Nifty PCR level besomes increased to 1.04 level as Highest call build up was seen in Nifty 3000 and 2800 call. While Nifty 2600 and 2700 put becomes so active. So we guess that Nifty momentum becomes the 2600 to 3000 levels. FII's were showing the interest in DLF & ICICI Bank put options. We have witnessed an intense volatile session today, As initial gain convert in red at the end of the day due to the weak globel cues. Fresh short position had been built up in Rpower, Reliance capital, DLF & Purvankara so we can suggest the traders that they can trade in these stocks with negative bias.

OPENING TREND

Will terriorist attack create any terror in market or will remain untouched !!!!

THE ANSEWR IS HERE...... where else?

: Always Remember :

1. The World did not stop lending, servicing & consuming, it moved on. So what next ?

2. Turmoil in stock market excellent buying opportunity for long term investors. (Expected return 100 to 300-500 percent in 12 to 36 months)

NIFTY FUTURE + BANK NIFTY +CNX IT

: Nifty Future :

last and final support exit 2550, thereafter real panic will start in the market.

NIFTY :   On going Rally Major resistance 2835.
Weekly trend decider 2725, resistance 2816 2877, support 2664 2573. Today resistance 2728 , 2750, down side strong support 2600-2625, break with volume real panic will start.

BSE :  As remain 8300 bull will charge continue. Weekly trend decider 8953, resistance 9257 9487, support 8723 8419. Today support 8645, break and trade below likely target 8450, 8300, then 8115, higher level resistance 9325

CNX IT : Break below 2300 more selling pressure.

BANK NIFTY Oversold counter.. but cautious at higher level. 4000 are a key support .

DOW :
Corrective rally any time fizzle out, thereafter down ward pressure started.

RELIANCE: .
Higher level major resistance 1250.
Weekly trend decider 1125, resistance 1198 1262, support 1061, 986. . Higher level resistance 1132, 1150, down side support 1050

RELICANCE CAPITAL:     Weekly trend decider 454, resistance 487 525, support 416 383. Down side strong support 390-400 and decline to best buy. If close below these level, first sign of corrective rally exhausted. And play for short sell

REL INFRA :   Weekly trend decider 504, resistance 535 566, support 473 442. Today resistance 480, break 454, another round of selling opportunity.

RELIANCE POWER :  Weekly trend decider 110, resistance 116 122, support 105 99. Looks hot sell. With consider resistance 108-110 range. Below 99 sell and sell.

DLF:    .Last and final support 180, thereafter more down side. Weekly trend decider 196, resistance 207 216, support 187 176. Below 180 free fall and target 150 mark.  

PUNJ LLOYD : Weekly trend decider 141, resistance 152 167, support 126 114. Higher level major resistance 141-145, remain below selling opportunity.

TISCO:  
Weekly trend decider 151 resistance 164 177, support 138 124. Today resistance 155, 159 down side below 150 more weakness. Close below 135, it will come into double digit mark

SBI:     
Weekly trend decider 1118, resistance 1193 1297, support 1014 940. Whether it will hold or not 1000-1020 mark. If break and close below, free fall..... yes free fall.

PNB : Today resistance 428, below 411, immediate target 400, thereafter more weakness