Tuesday, March 17, 2009

Strong Hurdel of Rally

BSE - 9000-9100

NIFTY ; 2800-2850

CNX MID CAP - 3250

Big move in either side

Believe it or not

New Bull Market in 2009

Subject to achieve

Nifty lower target 2200-2000-1800

BSE - 6000-6300 range.

NIFTY FUTURE + BANK NIFTY +CNX IT

Nifty future :

Hold 2750,

it will test 2831, 2861

Close Below 2500

Ultimate target

2000 Below

NIFTY :


NIFTY:
Today support 2750, crossover 2783, it will face resistance 2808 and hold this it will test 2830, 2850 mark immediately.

 
 

BSE:


BSE:  Today support8865, it will face resistance 9000, 9100,9150.

CNX IT

CNX IT:
Ready for bullish break out. Strong support 2000, looks resistance 2200, thereafter strong up move can not be ruled out.

BANK NIFTY :

BANK NIFTY:
Lower level value 3566 3240 then 2722. Only Relief Rally which will face resistance 4000-4100 range, till then intermediate trend are down and buy on dip is a best strategy.

 
 

DOW :


DOW:
From over sold up move continue and it will face resistance 7500, 7800. Today next area of resistance around 7240 and 7281, down side support 7000 hold positive bias.

 
 

RELIANCE:

Heading towards 1400-1410 mark, thereafter heavy profit booking on the card and buy Put option or play for short sell.

 
 

HDIL:

Above 70 target 75, 76, 80 mark.

 
 

PUNJ LLOYD:

Above 75 target 80 mark then more up side.

 
 

 
 

SBI:

 
 

Hold 957 target 1021 ultimate......

 
 

INFOSYS:

Today support 1265, Great Wall of China - 1300, 1320 range, continue close above this level, it will test 1400, 1457 mark.

 
 

RCOM:

Down side support 151, higher level resistance 160, thereafter more up side.

AXIS BANK:

From 281 to 353.....Rally over...Further up move only above 353 if hold with volume...

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