Nifty Major Suport Exit 2650

Nifty Bear Market Target 2450-2500 +

NIFTY FUTURE + BANK NIFTY +CNX IT

: Nifty Future :

Trading range 2600 to 2700

NIFTY :

Hold strong resistance 2875 : Lower level major support 2571. Today support 2650, decisively break down side target 2638, 2610, higher level resistance 2700-2710.

BSE:

Higher level resistance 8721-8750 down side below 8631, further down side target 8500 or below.

CNX IT :

Close below 2000 another round of weakness in CNX IT counter.

BANK NIFTY :

Lower level target 3900 which is a reversal point and corrective rally may start. Wait for confirmation

DOW :

Below 8000, non stop target 7450. Higher level resistance 8500, major up move only above that level.

RELIANCE:

Higher level resistance 1200, last and final support exit 1100, thereafter major weakness in this counter.

DLF:

Lower level watch the support level 150 .

HDIL:

Higher level major resistance 101-102 and selling opportunity, down side below 88, it will show real panic and target 80 mark.

HCC:

Close watch the support level 40 on panic decisively break major selling on the card. .consider resistance 42-44 and sell this stock

BAJAJHINDUSTAN:.

Decisively break 50 likely further weakness and target 45 mark. Keep a stop loss 56.50 and sell this stock

BANK OF BARODA:

Keep a stop loss 250 and sell... free fall on the card.

PFC :

Last and final support exit 125, thereafter free fall.