Nifty have a resistance near 2880-2900 level.

Nifty have a resistance near 2880-2900 level.
Maruti look negative Sell below 575 next tgt 565, 562.
Relcapital Sell below 425 tgt 415, buy above 432 tgt 440.
Sell ICICIbank at higher level SL 425 tgt 400 then after you can see panic
ACC take a support near 500 level Sell below this level next tgt 475.

After Satyam Banks face NPA problem against Other Company So trend will be negative for Bank Stock

Our tgt achived in( RELIANCE Below 1200 next tgt 1100, Abb next tgt 465 Sl 485, Tatasteel hug volume seen at higher level so keep SL 250 and go short next tgt 225.,Real Estate Sector looking very week.)
Yesterday Mkt take a support near 2750. So today below 2750 Nifty can go up to 2660-2680.
After Satyam Banks face NPA problem against Other Company So trend will be negative for Bank Stock
LIc Housing Sell Keep Sl 230 next tgt 215, 210
Grasim Face resistance near 1400 level.
Siemens Look week Keep SL 250 next tgt 225
Pnb Next tgt 450 sl 475
Titan Keep Sl 900 tgt 865,850
IN Educomp hug Short built up next tgt 1900. In Divis Lab, Lupin Look week. LT Next tgt 665, bhel 1300.
Rcom Next tgt 150, Relcapital Keep Sl 450 next tgt 405, Acc will go up to 475 Sl 500.

DO You belive that except SATYAM other company have no fraud balance sheet.?

Our tgt achived in (Sell Cairn SL 181 tgt 175, Sell aban with tgt 770, Relinfra sell below 650 tgt 635,625, Cesc sell below 250 tgt 240,235, Bharat Forge look attractive keep Sl 89 tgt 95,99 AND MANY MORE tgt achived. )
YESTERDAY we told that nifty have resistance near 3150 & Sensex have resistance near 10500. And you can see both level mkt can not cross and break support level 3050 then free fall up to its lower support line near 2890.
Today mkt have resisance near 2950 and if break yesterday low 2890 then more downside you can see up to 2850, 2800. Nifty, now, has a very high probability to take support at the lower trend line, at 2,850. Also Nifty has breached the support of 20-days simple moving average and 40-days exponential moving average. On hourly chart, Nifty is forming a pennant, which is a continuation pattern. So on violation of today’s low we may see a further down-move. The daily momentum indicator KST has also given a negative crossover. Today, bears totally outnumbered the bulls with 1,132 declines and only 104 advances.
In RELIANCE Good open interest built up near 1200 level. Reliance also below 15 days moving average. Below 1200 next tgt 1100
Sell Abb next tgt 465 Sl 485
Cairn look also week keep SL 175 tgt
IN THermax heavy selling seen at higher level so keep Sl 200 and go short next tgt 175
Tatasteel hug volume seen at higher level so keep SL 250 and go short next tgt 225. Real Estate Sector looking very week.
In every decline SINTEX show you positive movment keep eye on this counter 15 days moving average 191 is SL for sintex And buy above 200 it can go up to 225.
Dabur Pharma Buy above 45 next tgt 49

Nifty above the upper trend line suport 3050

Our tgt achived in (Buy Techmah next tgt 300 sl 260, Buy Bombay Dyeing SL 200 tgt 210,215, Buy Madras cem Keep sl 69 tgt 75, Nitin fire sell below 225 tgt 200)
Nifty above the upper trend line(higher top), its positive for Nifty. Also yesterday nifty didn’t break Upper trend line support near 3050 so its support level for nifty.
Today nifty have resistance near 3150 if cross with volume then you can see more upside up to 3200-3250 and support near 3050
Sensex have resistance near 10500.
Sell Cairn SL 181 tgt 175
Aban have resistance near 800 level So Sell aban with SL 800 tgt 770
Relinfra Show you negative movment yesterday So sell below 650 tgt 635,625
Cesc sell below 250 tgt 240,235
We already recommened siemens today tgt 325 sl 305
Bharat Forge look attractive keep Sl 89 tgt 95,99
Cilpa Sl 190 tgt 195,198 // NTPC Sel l Sl 181 tgt 175,173
Apollo tyre keep sSl 19 tgt 25 for a week
PFOCUS KEEP Sl 145 tgt 175………..200

Out mkt also open positive as per package & Positive global trend.

Govt. 40000 Crore package pump the Stock mkt. Out mkt also open positive as per package & Positive global trend. Nifty has kissed the upper trend line of the ascending triangle.If Nifty manages to clear the hurdle of the upper trend line(higher top),a conservative target of Nifty will come at our mid-term target 3250.
Yesterday we recommended that nifty can go up to 3105 & you can see what happen nifty touch 3092 and back from that level.
Buy Techmah next tgt 300 sl 260
TVS Motors Volume Spurt in this scripe Keep Sl 22 and Go long it will go 25 then after 28,30
Bombay Dying buy Keep SL 205 tgt 215,220

Buy Siemens above 300 tgt 310…350 keep Sl 290

Buy Madras cem Keep sl 69 tgt 75
Nitin fire sell below 225 tgt 200
NMDC sell below 200 tgt 175
NDTV Sell below 125 tgt 120,115

Sell Maruti Crude rise will take nagetive effect on maruti Also maruti have resistance near 575. So Keep Sl 575 and go short at higher level.

Nifty chart indicate that Mkt in Positive trend. Yestedday Nifty also closed above 40-days & 20 days moving average and has also given a higher top higher bottom signal. Now Nifty can go upto 3105. It will higher bottom for Nifty if it will cross then more upside indicating on the mkt.
Nifty have resistanc near 3105. Now 3000 is the support level fore Mkt.
As per Sensex Mkt also make higher top & higher Bottom. And sensex have also resistance near near 10200. Sensex has also above 15 days moving average 9750.

We recommended ALstom to Buy near 235 its currnetly traded near 255 our next tgt in Alstom 275.

Sterlite ind Keep SL 270 tgt 285, 295