On the daily chart Nifty has broken out in positive direction of triangular consolidation, which is
a good sign for the market. Nifty has also closed above its 15-day simple moving average 2750. on the hourly chart Nifty is amplifying towards the upper line of the channel. Yesterday mkt recover with good amount 0f buying.
Today keep SL 2750and go long. Its also support for mkt and also above falling channel upperline.
Reliance Keep SL 1100 and go long
Reliance Capital keep SL 430
GNFC ready to jump major resistance near 53 keep SSL 49
Sunpharma look week keep SL 1050
Rolta Sell SL 156 tgt 149,145
DRReddy Sell below 469 tgt 450 Buy above 475 tgt 485,495
SUN Tv keep SL 175 tgt 168,163

Nifty manages to clear the resistance of moving averages 15 days near 2754 & its also resistance for mkt. On the down side, the lower line of the channel will act as a good support near 8500 and if that support is breached, we may see a further fall.
Yesterday mkt take a good support near 8500 level.
SBI sell on rise keep SSL 1100
Reliance Buy above 1100 tgt 1125,1140 Sell below 1100 you can see more panic below
BHel have resistance near 1310
Sell GSFC on rise keep SL 70 tgt 60
LT have resistance near 700-720.
(Our tgt achived in LT 680, Relinfra 450, reliance 1050, TCS 525, Bharti 635)

Nifty have resistance near 2700-2750.

Today all mkt in Red signal. Our mkt also open in red.
Nifty have resistance near 2700-2750. nifty break 2650 then next tgt 2550, 2500.
Dlf Sell below 175 next tgt 160,155
Our sell call continues in LT sl 720 tgt 680 it will show you new low. bhel also week
SBI week below 1050 next tgt 1028 then after 980.
Sell Reliance infra next tgt 450, 425.
Reliance sell below 1100 tgt 1050.
DABUR buy in declined sl 80
TCS Sell below 560 tgt 550 then after free fall upto 525
Yesterday We recommended that if nifty cross 2790 then go up to 2850 possible. You can see what happen nifty take a high 2843.Also our tgt achived in Axis bank 420, BEML 320, Bharti Buy above 675 tgt 695 tgt achived & Sell below 655 tgt 635…will continues.

Today asian mkt mix
Mkt consolidate near 2700 level in Nifty & 9000 in Sensex. Nifty have good support level arround 2700 and resistance near 2810.
Nifty is forming an inverted head-and-shoulders pattern, whose neckline breakout will occur above 2,790, after which Nifty will move up to 2,850 possible. Further Nifty has also closed above 20- and 40-hourly moving averages, one more sign for the bulls to cheer. 15 day moving average 2810 hurdle for nifty.
Volatility continues in today trading session.
DLF have major resistance 200 if cross & trade above then next tgt 210-215.
Axis bank take a support near 400 keep SL tgt 415,420 Below 400 tgt 390.
Glaxo Sell on rise Keep SSL 1200.
BEML currently trading near low Keep your eyes bounce back possible upto 320 sl 280.
Yesterday SBI not break 1028 & closing above 1100 level further move up to 1150-1170 possible.
LT Sell Below 720
Sbi buy ABOVE 1100 TGT 1150 SELL BELOW 1050 tgt 1000
Bharti Buy above 675 tgt 695 Sell below 655 tgt 635…