Nifty Trading Range

2750 to 2850

Below 2750 target 2650, 2601.

NIFTY FUTURE + BANK NIFTY +CNX IT

Nifty Future : Sell on Rise

Bank Nifty : Looks bearish and weakness continue

CNX IT : Sell and Sell

NIFTY :

NIFTY:
Today support 2700, break below down side target 2685, 2660, higher level resistance 2785.

WEEKLY:
Trend Decider 2803, resistance 2896 3047, support 2653 2560.

BSE:

BSE:  Weakness continue...and consider major support of bear market 8300. Today resistance 8950, crossover it will show strength, down side support exit 8760. Lower level test 8600-8500.

WEEKLY:
Trend Decider 9081, resistance 9399 9955, support 8525 8207. 

CNX IT

CNX IT:
Today support 2035, below target 2000 mark, higher level it will face resistance 2100.

WEEKLY:
Trend Decider 2100, resistance 2165 2260, support 2005 1941.

BANK NIFTY :

BANK NIFTY:
More pain in coming days.... Rise on sell is a best strategy.

WEEKLY: Trend Decider 4137, resistance 4358 4773, support 3724 3502.

DOW :

DOW:
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 mark. And thereafter it will test 6500 mark. It is very near to much major multi year support.

RELIANCE:

Today resistance 1269, 1280, down side below 1240, further weakness. Major resistance 1300-1310 . Real strength show only above that level.

ICICI BANK:

Below 400 our projected target 331(Friday low) which was achieved . Now further it will face resistance 369-370 range.. if hold these level, think short term positive.... Below 331 more weakness.

AXIS BANK:

Sell on rise is a best strategy... today resistance 380, 385, Today trade and sustained below 370 more weakness and it will test .....?  

MARUTI:

Bullish break out likely and closed above major resistance level. Watch the level 640, thereafter over all buying in this counter.

EDUCOM :

Keep a stop loss 2184 and sell.. below 1711, it will show more panic.

IFCI :

Below 22 hot sell.....

INFOSYS:

Today resistance 1200,1210, further weakness below only 1160, thereafter more weakness.

HCL TECH:Will it ready to break down of major support level... if so likely wipe out more than 20-25 percent immediately?