In nifty You can see level up to 4250.

Dow jones -220, Nasdaq -55 Global Cues negative for mkt.Political uncerainity will also put negative effect on mkt. we can't see any positive impact in mkt.
In nifty You can see level up to 4250.
Yesterday Nifty made a low of 4,333 and closed below the low it formed on June 10 and also below the trend line connecting the lows since January 2008, giving a lower-top lower-bottom signal, which according to Dow theory is a weak sign. On the hourly chart of Nifty, we have a negative crossover of 20 HSMA and 50 HEMA, which is also a feeble sign.Bears dominated the market breadth with 148 advances and 1,088 declines.
In Apollo Hospital good breakout seen with volume If sustain above 500 with volume you can see level up to 520,530.
In HDFC you can see downtrend up to 2100
In Decline Buy Ranbaxy it can't break 500 level.
Scrip Name Support Levels Close Resistance Levels Action
-----------------------S1----S2---(Rs)---R2---R1
NIFTY Futures---4300-4329-4348-4371-4400-----Go short below S2.
Adlabs Film--------512---518---522--526---532----Go short below S2.
Century Text------542---549--555---561---569----Go short below S2.
DLF---------------443---449--456---461---467-----Go long above R2.
ICICI Bank--------722---729--735----741---749----Go short below S2.
Infosys-----------1800--1819-1828--1841--1869----Go short below S2.
JP Associates------162----165--167---169---172-----Go long above R2.
Reliance----------2051--2079-2097--2121--2150----Go short below S2.
Reliance Capital--1000--1009-1021--1031---1045---Go short below S2.
SBI--------------1220--1235--1247---1261--1280---Go long above R2.