Nifty above 3000 target 3150-3200

As remain 2810 - Bull move continue.

Concentrate on Bank's Stocks

EXPERTS COMMENTS

The markets were ended with the handsome gains. Markets rallied on the positive notes because of the falling in weekly inflation figures. Almost all the sectors are ended with green shed but buying seen in Realty and metal sectors. FII's were the net buyers in index futures and stock futures. If we see the nifty PCR levels then it is almost similar then the earlier levels 0.75 as significant activities in both put and call have been witnessed. Rcom 260 call and TTML 25 call were shown significant activity so we guess to see these levels in coming days. Today fresh long position have been seen in HDIL, RNRL, JP Associate and Suzlon so we suggest the participants they can make long position in these stocks.

NIFTY FUTURE + BANK NIFTY +CNX IT

: Nifty Future :

Heading towards 3100 mark, down side support 3021, 2992.

NIFTY :   Weekly trend decider is 2952. Resistance is 3048 while the major support levels are 2771 2675. Today's resistance 3070 3100 while downside support is 3022-2992. Any dip decline to best buy with consider major support of Nifty 2810.

BSE : 
As remain 9300 bull will charge continue. Weekly trend decider is 9599 weekly support is 9024 and resistance is 9904 10479. Hold 9000, bull favour continue. Today's resistance is 9979 10056 and support is 9845 9768. Continue close above 10000 mark, it will touch 10945, 12000 in coming days/months.

CNX IT : Today's resistance is 2223 2249 and support is 2180 2154.

BANK NIFTY :
Today's resistance 5031 5092 and major support levels for today are 4933 4872.

LT: Weekly trend decider is 773 having major support of 711 677 and resistance is 807 869. Looks good and above 800 bull move continue, today close eye 836, cross and close above heading towards 960 mark in short term.

RNRL:
Weekly trend decider 54, resistance 58 62, support 50 47. Today's resistance is 61 62 and support is 58 56. Above 60 more upside expected.

DLF:
Weekly trend decider 291, resistance 310 344, support 257 239. Today resistance is 296 301 support is 283 275. Close at high so keep watching. As remain 260 mark first target 313, thereafter it will touch 400 mark in coming days.  

HDIL: Weekly trend decider 144, resistance 163 198, support 108 90. Today's resistance is 145 149, support is 134 127. Consider support 120-125, range if hold you will see 200 and above in coming days.  

IBREAL: Weekly trend decider 142, resistance 158 188, support 113 97. Today resistance is 166 177 and support is 138 121. Best buy 140-143 range. Keep a stop loss 120 and play for long target 200 mark.
 

RCOM:
Weekly trend decider 210, resistance 219 232, support 197 189. Today's resistance 252 259 and support is 240 233. Below 240 profit booking expected. Major hurdle 262.. close above open quantity buying opportunity.  

GMR INFRA:   
Weekly trend decider 70, resistance 73 78 & support 65 61. Today's resistance 79 80, down side support 76 74. Watch the resistance level 80.
 

TISCO: Weekly trend decider 219 resistance 229 246, support 202 193. Today resistance 233 237 down side support is 221 213. Looking good for short term buying if sustain above 225. Close eye 237, crossover more up side.