NIFTY FUTURE + BANK NIFTY +CNX IT

Nifty future :

As we are long Nifty hold 3500-3480 mark.... Above 3750 we were bullish and our target 4100-4500 which is very near to our target. On a technical front a lot of short position still in the system and shorter unable to cover their position due to upper circuit. Now we may consider today support 4250, 4200, crossover 4400 target 4500 mark. At the current juncture, if you long above 3500 as per our advise, please get a decent profit Please remember dips will come again, but tile will tell . Buying on dip or panic is a best strategy.

BANK NIFTY :

Now target 7000 mark

But advised to book profit.

Remember we are long with stop loss 5200 - More than 1600 points gain in four sessions.

NIFTY :

NIFTY:
Today support 4230- 4200, crossover 4300 target 4450, 4500 mark.

Short Term Trend : Up but entered in over bought zone
Next Target : 4500
Trend Reversal : 3850.

Key trend decider of this week are 12015. Today support 14000, higher level resistance 14500, 14800 15000.

Short Term Trend : Up but entered in over bought
Next Target : 14500-15000
Trend Reversal : 12500.

CNX IT

Key trend decider 2926 Today it will resistance 3500 mark.

Short Term Trend : Up
Next Target : 3300

Trend Reversal : 2900

BANK NIFTY:
.

Key Trend Decider 5576 Higher level resistance 7000 mark.

Short Term Trend : Up
Next Target : 7000
Trend Reversal : Close below 6200

DOW :

DOW After mild correction in last week, however we may consider support 7700-7500 range till then up ward journey of dow are intact. Hold 8100 target 9000 mark. For weakness, it must close below 7500 mark two consecutive days.

RELIANCE CAPITAL

Keep a stop loss 650 and play for long side target 736, 831 mark.

SUZLON ENERGY:.

Higher level two major resistance watch 98-100... on reversal, selling opportunity for professional traders... otherwise target 123 mark in short term.

NTPC:

Trend Decider 189 Strong hurdle 205-210, thereafter target 220, 243 mark.

DLF

Continue close above 319, non stop target 399 in few session.

  PUNJ LLOYD: Hold 159 target 197 mark easily... looks hot......

HCC:

Above 75 target 86 mark and above.

BALRAMPURCHINI

Hold 81 target 98, 102 mark easily.

BANK OF INDIA: 

Above 250 bull favour... hold 278, first target 310, thereafter 362 mark.

ICICI BANK: 

Hold 690 target 873 mark