Friday, February 13, 2009
NIFTY FUTURE + BANK NIFTY +CNX IT Today resistance 2920-2930 range NIFTY : NIFTY: WEEKLY: Trend Decider 2817, resistance 2882 2917, down side support 2782, 2717. BSE: BSE: Keep a stop loss 8950 and remain long over all in the market. Today it will face resistance 9600, down side break and trade below 9441, further weakness and likely test9362 mark. WEEKLY: Weekly trend decider is 9227, resistance 9437 9573, down side support 9091, 8881 CNX IT CNX IT: WEEKLY: Trend decider 2174, resistance 2235 2282, down side support 2127 2065. BANK NIFTY : BANK NIFTY: WEEKLY: Trend decider 4307, resistance 4423 4521 down side support 4209 4093. Consider major support 4111, as hold up move continue. DOW : Strong resistance 8000-8500 for smooth bull move, needs to surpass this level must. Close below 8000 down side target 7500. RELIANCE: Consider resistance 1400-1420 range and rise selling opportunity. Today support exit 1338, thereafter it will show real panic. WEEKLY: Trend decider 1323, resistance 1375, 1404, down side support 1293 1241. LT: Today resistance 695-700... if unable to cross this level, selling opportunity. WEEKLY: Trend decider 656, resistance 680 722, down side support 614, 590 ONGC: WEEKLY: Trend Decider 668, resistance 707 726, down side support 649 610. Down side two major support 672, 669, decisively break only panic. IVRCL INFRA : WEEKLY: Weekly trend decider is 104, resistance 112 119, down side support 98 90. Consider 130 are a trend decider......and hold these level short term movement continue. SAIL: WEEKLY: Weekly trend decider is 85, resistance 94 99, support 80 70. Hold 72 likely test 99. 110 mark. Keep a stop loss 91 and sell... last and final support exit 84. KOTAK BANK LTD:. WEEKLY: Weekly trend decider is 269, resistance 282 297, down side support 254 241. Trend Decider 250 to 300 mark. AXIS BANK: WEEKLY: Weekly trend decider is 406, resistance 428 454, support 380 358. Consider resistance 450..... and sell this stock.....
Higher level major resistance 2940-2950 range, crossover over all positive trend only, down side support 2880, thereafter likely test 2850, 2830 mark.
Unable to hold 2250 and started down ward journey... today it will face resistance 2200-2230.
Higher level resistance 4500-4600 range.
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