NIFTY :

THE NIFTY INDEX STARTED UNDER THE PRESSURE OF GLOBAL INDICES, WHOLE THE DAY THE INDEX TRADE IN NEGATIVE ZONE,YESTERDAY NO ONE SECTORAL INDEX PERFORM, IT WAS STOCK SPECIFIC MOVEMENT ON LAST DAY, BREADTH WAS NEGATIVE MOST OF STOCK CLOSED 0 TO -2% RANGE, THE TOP GAINER WAS `TATA MOTORS' WITH 4.5% GAIN WHILE THE ABB WAS THE TOP LOOSER 2.17% LOST OVERALL THE NIFTY CLOSED AT 5460 LEVEL AND THE INDEX RESPECT THE 5450 LEVEL THE NIFTY IS STILL IN UPTREND SO GO LONG FOR NIFTY. FOR THE INTRADAY TRADING THE SUPPORT WOULD BE AT 5440-5420 WHILE THE RESISTANCE WOULD BE AT 5485-5510.
Today break out or break down. Over All market are remain positive. Global parameters would play a key role. In domestic front monsoon key factor, earning almost line with expectation, however higher level should be cautious approach. Broad range of Nifty 5350 to 5550 in the ensuing week to be watch out. Position traders should be closed their position below 5350.

Trend Decider 5425

Weekly Resistance 5485-5524

Weekly Support 5364-5290

BSE INDEX

THE BSE SENSEX WAS NEGATIVE AT THE TIME OF OPENING, THE INDEX TOOK PRESSURE ON HIGHER LEVEL AND THE INDEX COULD NOT SUSTAIN AT HIGHR LEVEL AND DUE TO SELLING PRESSURE THE INDEX CLOSED NEGATIVE LY, IN FIRST HALF THE METAL INDEX WAS THE GAINER BUT CHANGE IN THE PRICE OF COMMODITY THE METAL INDEX ALSO GO DOWN, THE REALTY INDEX WAS THE TOP GAINER AND THE IT INDEX WAS TOP LOOSER. FOR INTRADAY TRADING THE SUPPORT WOULD BE AT 18165-18105 WHILE THE RESISTANCE WOULD BE AT 18285-18350. Your stop loss for long 18100.. above 18310 added more long.

Trend Decider 18116

Weekly Resistance 18322-18500

Weekly Support 17938-17732

CNX BANK NIFTY

IT WAS CONSECUTIVE SECOND DAY WHEN BANK NIFTY WAS NEGATIVE, IT WAS JUST A PROFIT BOOKING IN BANK NIFTY, THE BANK NIFTY STILL IN UP TREND, AND BEAR TRADER ADVISED THAT DO NOT GO SHORT AND IF THEY FIND SOME SHORTING IN BANK NIFTY THEN EXIT AT MINIMUM PROFIT, THE BANK NIFTY MAY GO UP TO 10650-10700 LEVEL IN THIS MONTHFOR INTRADAY TRADING THE SUPPORT WOULD BE AT 10440-10405 WHILE THE RESISTANCE WOULD BE AT 10512-10555. Higher level resistance are 10550-10700 to be watch out, below 10350 target 10240-10000 easily. Higher level do not trapped, however maximum up side any where 10800

Trend Decider 10395

Weekly Resistance 10533-10682

Weekly Support -17983-17732

Nifty FUTURE

THE FUTURE INDEX OF NIFTY TRADED VERY RANGE BOUND IN FIRST SESSION, THE INDEX IS IN UP TERND SO NO NEED TO WORRY FOR THE MOVMENT, THE INDEX RESPECTING THE 5450 AND 5500 LEVEL SO TRADING RANGE OF NIFTY FUTURE ON INTRADAY BASIS WOULD BE 5430-5490 LEVEL, FOR INTRADAY TRADING THE SUPPORT WOULD BE AT 5440-5425 WHILE THE RESISTANCE WOULD BE AT 5480-5495.
Fresh up move only above 5490, otherwise to sell side.

Trend Decider-5443

Weekly Resistance -5485-5524

Weekly Support 5404-5362

Reliance Industries

Lower level support are 1000, resistance are 1020-1025.. Trading below 20, 39, 50, 200 DMA indicate bearish sign and on rise to exit long,. Below 1020 target 980... Two close below 980 real panic in the market.

TELCO

We are long in counter above 825 and added more above 900... our all target achieved and advised to close your long position.. however some steams still left in this counter. Book Profit only. No short sell please.

SUZLON

Some support from the lower level, we may consider support are 56 and decline to buy side... quick entry/exit strategy will profitable only.

TISCO

Looks good but it must hold 520, higher level close above...........will invite fresh buying in the market... Likely path of Tata Motor......see what happened.

BHARTI

Over all looks good as remain 320 level .. below likely......? Resistance 335-341

ICICI BANK

Sharp move above 950... now consider support 975 of your any long position.. time to book profit... re enter only at lower level.

CENTURY TEXTILE

Looks good and buy...