Thursday, February 26, 2009
High Volatile due to FO expiry. For Weakness Must Break Nifty 2650, BSE 8610 Then Lower lever value Nifty 2200-2000 BSE - 7290-6400 Be Aware ...... Failure of Stock Market Trading, every second person Become an analyst NIFTY FUTURE + BANK NIFTY +CNX IT Nifty future Sell , Sell.....today resistance 2780-2810 NIFTY : NIFTY: WEEKLY: BSE: BSE: Today resistance 9000, above only it will show strength, down side below 8879, further weakness and likely test 8800, or below. Close below 8600...it will test 7697 mark in sort term. WEEKLY: CNX IT CNX IT: WEEKLY: BANK NIFTY : BANK NIFTY: WEEKLY: Trend Decider 4137, resistance 4358 4773, support 3724 3502. DOW : DOW: Over all closed below the pivot swing. The next down side objective target is now at 6995 and below. The next area of resistance is around 7350 and 7495. RELIANCE: Today support 1260, 1251, higher level it will face resistance 1270-1275, once crossover these level, it will test 1290-1300 mark. Higher level sell only. Buy put option of March series.... LT: Very near to 52 weeks low.... Higher level resistance 630-640. Break 605, another round of selling on the card. RNRL: We are selling mode below 50.... As remain target 29 intact. JP ASSOCIATES: Last and final support exit 60-61, decisively break, it will show real panic. RCOM: Last leg of support of this ADAG group company are 146, thereafter see the power of chart and bear will kill this counter.. Sugar packs Every body are bullish but we are bearish in this counters. BALRAMPUR CHINI : Our all paid clients bearish below 63. From 63 to 46.55. BAJAJ HINDUSTAN Our all paid clients bearish below 60 and more bearish below 50 ... From 60 to 45 RENUKA SUGAR Our all paid clients bearish below 90 and more bearish below 80. From 90 to 76. INFOSYS: On Corrective Rally try to exit and higher level play for short sell. Today resistance 1206, 1224, down side support exit 1170. MARUTI: In this counter, we are bullish in bearish market from the level of 600.... Yesterday high 669 Today watch 673. hold another round of move expected. Decline to buy... and likely test 750 mark. CAIRIN :Major resistance 173....hold above with volume, first sign of trend reversal from bearish to bullish...
Today resistance 2790, down side below 2733, further weakness and likely test 2693 , 2680 expected.
Trend Decider 2803, resistance 2896 3047, support 2653 2560.
Trend Decider 9081, resistance 9399 9955, support 8525 8207.
On rise sell.... Support 2040.
Trend Decider 2100, resistance 2165 2260, support 2005 1941.
On rise sell only..... corrective rally may possible. Major resistance 4000-4050.
Global market continue weakness led by the Dow Jones Industrial Average. Already breached major support level 7500 which indicate more bearish and likely test 7200 marka nd thereafter it will test 6500 mark. It is very near to much major multi year support.
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