Mumbai under terror seize Market close today due to terrorist attack

Market close today due to terrorist attack.
"Our sympathies go out to the families and friends of those killed and injured, and to the people of Mumbai,

A bearish undertone and hints at further downside

The indices showed signs of wearing out at higher levels and failed to sustain the bullish opening gap.A bearish undertone hints at further downside up to 2550 in Nifty. Resistance for mkt 2680-2700. Sensex also break support level 9000 its sign of worry.
Reliance Infra keep SL 510 next tgt 475…450
Bhel Sell below 1280 SL 1300 tgt 1250
AXISBANK looking week next tgt 350
Rcom look week below 200 next tgt 180
ABirlanuvo show positive movent keep SL 450 tgt 490 risky shot
Heavyweight Reliance Industries touch its 15 days moving average 1190 and back. Its remains a concern and a move below Rs1,050 can take the stock till Rs980. State Bank of India also closed weak below Rs1,024 and should head for Rs950 levels. Bharti Airtel should test Rs600 support levels in trades today.
(Yesterday our tgt achived in nifty 2810. Sterlite ind tgt 225,235 ,kotak bank 329,maruti tgt 550)

Nifty take a good support around 2700.

Nifty take agood support around 2700. Today above 2750 next tgt 2810. Major resistance for mkt 2880. Yesterday sensex back from bearish gap 8720 which was a support level. Yesterday we told you that Nifty has given a close above 20-hourly moving average, ie 2,640, which is a positive sign.
Sterlite ind Buy Sl 215 tgt 225,235
Buy kotak bank Sl 310 tgt 322,329
BUY maruti keep SL 525 next tgt 550
Cruid rise will negative effect on Oil stocks sell on rise Ioc SL 420, Bpcl Sl 350
Adlabs show you third positive closssing 146-153-155 so Buy adlabs tgt 165,170(Our both tgt achived and our client long in Reliance capital above 440 tgt 455 if cross & hold above 460 then next tgt 480, below 440 tgt 420,410)

Bulls filled the bearish gap 8,726 now its asupport level

Bulls filled the bearish gap which was a crucial resistance at 8,726 and gave a close above this level. Nifty has given a close above 20-hourly moving average, ie 2,640, which is a positive sign going forward. Nifty (November) future has turned into a premium of 11.15 points from a discount of 2.75 points and around 8.02 lakh shares were added in open interest. Total open interest in the market was Rs46,536 crore and Rs4,101 crore were added in open interest. Nifty call option added 12.54 lakh shares in open interest, whereas put option added 20.34 lakh shares in open interest.
Nifty have support near 2680 & resistance near 2860
Buy cairn India tgt 141,145 SL 135
Buy bhel Sl 1260 tgt 1320
Buy Century Text keep SL 139 tgt 145,148
Adlabs resistance 160
Reliance capital above 440 tgt 455 if cross & hold above 460 then next tgt 480, below 440 tgt 420,410
Reliance Infra above 510 next tgt 540Below 490 next tgt 450
Axis bank if feel the bearish gap around 425 then you can see more up side upto 440+ below 420 tgt 405
Reliance ind buy above 1150 tgt 1200

All world mkt negative our mkt also open negative. IS this black Friday?

All world mkt negative our mkt also open negative. IS this black Friday?
On the daily chart, today’s opening gap will act as an important resistance and one should not turn bullish unless today’ gap is filled. While on the down side, Nifty is having a very good support of 78.6% retracement (of the move from 2,252 to 3,240), at 2,465-2410. Then after Nifty try to touch previous low 2252. On the hourly chart, Nifty is forming a falling triangle pattern, which is a terminal pattern. If this pattern breaks the upper trend line, the market has a high probability to rally in northward direction. The daily momentum indicator KST is still riding its negative crossover. The overall market breadth was negative with losers outnumbering the gainers
Century tex next tgt 125.
MAruti downtrend journey will continues its break 500 level which was very strong level for maruti. Its also break downtrend channel support near 485. Below 480 next tgt would be 450.
Reliance possibility to make previous Oct low which is near 930.
Rcom possibility to make previous Oct low which is near 150
We recommended to our client sell DLF on higher level. Now you can see what happen dlf currenty trading near 205.today keep sl this level next tgt 185,178
Buy ABB in declined SL 400.
Buy in Decline bounce back possible after this fall.

Bears are on the winning side

the Sensex has filled the previous gap that was in the range of 8,739-8,909. Now third one gap is around 8500 today it will also fill by market. the daily momentum indicator KST has given a negative crossover. So the gist of the story is that bears are on the winning side. The overall
market breadth was negative with losing scrips outnumbering the gaining ones. Mkt will touch previous oct low.
Sell reliance SL 1150 tgt 1100 then after freefall upto 1000
Educomp next tgt 1750,1500, SBI in negative zone, RNRL next tgt 36,BHel next tgt 1100

PNB Keep SL 453 1tgt 425 then after 402
We recomended to all our client Sell relcapital below 600 real panic you Can see what happen. Capital at 450 rs. In BHarti airtel we also recommended to sell look week its make resistance around 675-700 Short term tgt 500 possible.

All global mkt look negative. Dowjones (-223).

All global mkt look negative. Dowjones (-223).
Our mkt also open negative. But yesterday Nifty saw a tail-end recovery from 50% retracement level (of the rise from 2,252 up to 3,240), which has still kept the hopes alive in the bulls’ camp. Further on the hourly chart, if Nifty clears the hurdle of 20-hourly simple moving average (HSMA) and 40-hourly exponential moving average (HEMA) without breaching today’s low of 2,694 & In sensex take a support around 9000.

Sell Nifty tgt 2750,2700 Sl 2850
Sell PunjLLoyd Next tgt 160 rs.
AXIS bank next tgt 400rs.
DLF buy on Decline SL 200
CAstrol buy indecline SL 285 tgt 310
Lupin is inoversold zone It will saw you sart recovery in decline. Strong support zone near 475-500.

All global mkt look negative. Dowjones (-223).

All global mkt look negative. Dowjones (-223).
Our mkt also open negative. But yesterday Nifty saw a tail-end recovery from 50% retracement level (of the rise from 2,252 up to 3,240), which has still kept the hopes alive in the bulls’ camp. Further on the hourly chart, if Nifty clears the hurdle of 20-hourly simple moving average (HSMA) and 40-hourly exponential moving average (HEMA) without breaching today’s low of 2,694 & In sensex take a support around 9000.

Sell Nifty tgt 2750,2700 Sl 2850
Sell PunjLLoyd Next tgt 160 rs.
AXIS bank next tgt 400rs.
DLF buy on Decline SL 200
CAstrol buy indecline SL 285 tgt 310
Lupin is inoversold zone It will saw you sart recovery in decline. Strong support zone near 475-500.

Nifty has given a negative crossover

At the end of the session market ended in the red. On the hourly chart, Nifty has given a negative crossover of 20-hourly simple moving average (HSMA) and 40-hourly exponential moving average (HEMA). However on account of positive momentum cycle on the daily chart the negative crossover of 20-HSMA and 40-HEMA will not have a strong impact and the negative crossover is expected to volatile in the coming sessions. Further Nifty is expected to take support around 61.8 % retracement level (of the rise from 2,252 to 3,240) at 2,650-2700. On the daily chart, the momentum indicator KST is still riding its positive crossover. Market breadth that was dominated by the bulls slipped under the command of bears at the end of the session, which is sign of concern.
sell SBI tgt 1145,1125,1110 SL 1200
Sell ongc SL 715 tgt 680,665
Grasim sell below 1000

As per global mkt our mkt also open Positive. Nifty have strong resistance near 2950-3000.

IOb Look positive buy and keep sl 80 tgt 85,90
Union bank lookings strong on card buy if hold above 160 tgt 170
Max India look positive keep Sl 128 tgt 135,140
Reliance Ind have also strong resistance near 1300,reliance infra 650, reliance capital 700 have strong resistance.
Reliance Infra below 500, reliance capital below 600 you can see real panic.
On rise sell DLF SL 275.

As per our tgt nifty take a support around 2780.
Our tgt achived in Sell Abb keep SSL 500 tgt 475,450.

As per global mkt our mkt also open negative. If nifty break 2900 then it will go up to 2850. IF break 2850 then after you can see more panic upto 2780-2700.
Only one good sign nifty currently trading just above 15 days moving that’s near 2915.
Nifty have strong resistance near 2950-3000.

Sell Abb keep SSL 500 tgt 475,450.
SBi below 1200 more panic seen up to 1150
Real Estate stocks, metal stocks look week yesterday they are broken support with volume.
Century text sell below 200 tgt 185
Drreddy look positive buy above 425 tgt 435.
Our tgt achived in LUPIN 650…600. Reliance capital tgt 650. IOC tgt380

Today all major market looks negative Dowjones(8870) also break 9000 level.

Today all major market looks negative Dowjones(8870) also break 9000 level. Its not good sign. If Dowjones cannot hold above 8800 then you can see more downside.
Our mkt will also open negative. Yesterday nifty take a good support near 3100 level. So we advise you if nifty hold above 3100 then you can buy. Nifty have strong resistance arrount 3250 level.below 3100 tgt 3000
Reliance capital 15 days moving average around 655. So keep SL of this level 650. IF cross 700 then you can see more upside upto 750. below700 650 tgt
IOC look positive KeepSl 360. and buy tgt 375,380.
Sell Lupin SL 700 tgt 675 if break 675 you can see more downside upto 650…600