Buy on Dips......

Avoid Short Selling.....

Nifty Above 3250 - More Power

BSE Above 10470- Non stop target 10970

For Long Position-Keep a stop loss 2950-2900

If Nifty manage to close above 3250 continue, there are chances that Nifty may test

3750-3800 mark

NIFTY FUTURE + BANK NIFTY +CNX IT

Nifty future :

Real Strength show only above 3290-3310

If reversal play for short sell

Weekly Trend Decider 3134

Bank Nifty :

As hold 4262.... Do not think to Short sell

Resistance 4653, 4880.

NIFTY :

Today support3200, 3167 and major support 3134... higher level it will face resistance 3250.. crossover non stop target 3287, thereafter ... more up side. Continue close above 3250.... Celebrating time..over all buying + Fresh Long + Short Covering + Bear will change their mind towards Bull. Short term traders can hold their long as remain hold Weekly support 2950, 2910.

BSE:

Strong support 10100.....and decline to buy.... Today support 10285... crossover 10470 and hold it will test 10664, 10945 (Nov 2008 high), thereafter non stop target 11750 and above in coming days. 10945-11390 will also be the important resistance of this rally

CNX IT

Up move continue....Today resistance 2588...2610.. down side strong support 2310.

BANK NIFTY :

Looks good but higher level some bit of profit booking can not be ruled out after a sharp move from the level of 3200+. Consider major support 4260....and hold bull favour......Today crossover 4491, it will show more strength, down side support 4385

DOW :

Over all looks good but momentum indicators are entered in overbought levels, but short term trend positive. With the close higher than the pivt number, the market is in a slightly bullish. Consider major support 7500.......Today above 8105 more up side down side support are 7781.

Major resistance 8100-8124, penetration of the level will take the journey in the new zone and it will test 8800, 9500.

HCL TECH:

Super hot buy...

above 105 target 113, 129 expected, No if and but catch it....Quick profit strategy.

RELIANCE:

Strong move from the break out of 1411, 1500 and almost achieved our all target. . Consider major support 1612.......as remain up move continue. Today it will take support 1647, crossover 1680 and hold it will test 1729. Ultimate target 1825 mark.

LT :

Lower level 700 are a good support, below it will test 685, higher level likely test 754.. then more up side. Bullish break out with volume.. decline to play long as hold 660 mark.

ONGC:

Major support 833, 820....... And decline to best buy.....crossover 821, nonstop target 900 920.

JP ASSOCIATES, GMR Infra,

HDIL, IBREAL, PUNJ LLLOYD

All are looks exciting... decline to best buy

AXIS BANK, ICICI BANK

Time to Book Profit - Re enter at lower level again

But no short sell... please.

SERI FINANCE, GUJ NRI COKE,

IDBI, IDFC, IFCI -BILT-ASHOK LEYLAND

All Looks hot and buy...

CAIRIN INDIA :

Above 200 hold non stop target 209 215...

GVK POWER :

Above 26, it will move like rocket.