Stock Market Expert In India

BSE index: (18486) Consider for this week...18647 a nearest & 18738-18808 a solid resistance up to which selling on higher levels will be seen, keep stop loss of 18875 to your shorts.

Downward side it'll fall down to 18306-18253 & thereafter to 18103 initially. A close below 180103 heavy panic will drag it down to 17965 & 17666.

Upward side a close above 18875 it'll turn positive & spurt up to 19069-19123, 19232 & 19446.

Nifty stock March Future: (5536) Consider for this week...5582-5616 a nearest & 5664 a solid resistance up to which selling on higher levels will be seen, keep stop loss of 5688 to your shorts.

Downward side it'll fall down to 5476-5459 & 5434-5422 initially. A close below 5422 heavy panic selling will drag it down to 5383, 5365 & 5300.
Upward side a close above 5688 it'll turn positive & spurt up to 5729, 5766 & 5805-5845.

Bank Nifty March Future: (10968) Consider for this week...11280-11336 a solid resistance up to which selling on higher levels will be seen, keep stop loss of 11350 to your shorts.
Downward side it'll fall down to 10837 & 10662 initially. A close below 10662 it'll crash down to 10325 which is a crucial support & trend decider.
Upward side a close above 11350 it'll turn positive & spurt up to 11782 & 12052.

TISCO: (618) Sell considering 628 a solid resistance keeping stop loss of 636. Downward side it'll fall down to 609, 604 & 596-592 initially. A close below 592 it'll crash down heavily.
Upward side a close above 636 it'll turn positive & spurt up to 659.

TATA POWER: (1219) Sell considering 1232-1249 solid resistance keeping stop loss of 1266. Downward side 1187 & 1155-1142 crucial supports. A close below 1142 it'll crash down to 1087 & 1052.

TATA MOTORS: (1170) Sell considering 1194 & 1209 solid resistance keeping stop loss of 1220. Downward side it'll fall down to 1145, 1124 & 1102 initially. A close below 1102 it'll crash down to 1066.

TCS: (1135) Sell considering 1152 & 1164 solid resistances keeping stop loss of 1170. Downward side break below 1098 it'll fall down to 1064-1057 & thereafter to 1032 & 992.

STERLITE: (167) Sell keeping stop loss of 174. Downward side break below 159 it'll fall down to 152 & closing below which 146 & 139.
Upward side crossover above 174 it'll surge up to 183 in a disguised manner.

RPOWER: (121) Buy considering 118 & 115.50 solid supports keeping stop loss of 113. Upward side it'll spurt up to 128.50 & 133-135.

PNB: (1081) Sell considering 1109 a solid resistance keeping stop loss of 1117. Downward side it'll fall down to 1061 & thereafter to 1026-1013 initially. A close below 1013 it'll crash down to 943. Upward side crossover above 1117 it'll surge up to 1165.

M&M: (677) Sell considering 692 a solid resistance keeping stop loss of 706. Downward side it'll fall down to 638 & 620.

Intraday Nifty Stock Market :

In coming week, positive resolve problem of Libya, improving governance, liberisation of FDI will determine the trend of the market. Carain Vedanta deal will break through the market and positive cash flow of FIIS resulted boost in the market. On a technical side, we can expect it will take support 5450-5400 range, if break this level may test 5300, on the higher side resistance continue 5610 and 50 DMA - 2-DMA at 5650, successfully crossover will test 5720-5800 range in near term. 

TODAY : - Nifty is in bearish trend from the morning. And whole day it showing negativity. It can show some recovery but close negatively. Nifty is in consolidation situation. Now the important level to watch out for today support is 5418.55-5380.17 and resistance is 5499-5536.89. Level. Over all no trading zone between 5400-5600 and avoid any short / long side.

Trend decider of this Week - 5446

Resistance - 5584-5746

Support - 5284-5146.

BSE INDEX

Last week strong move were saw from the lower level17717 and finally made a high 18736 and managed to hold 18000 level. Higher level stiff resistance 18600-18835 range and decisively crossover will move further and may test in near term 19400-19650. Down side fail to cross resistance it will take support 18253-17950, thereafter over all selling in the market. 

Yesterday Bse Sensex is in bearish fever. It give the negative opening and not a single time trying to cross on upside and close negatively. Now the important level to watch out for today intraday session support is 18095-17960 and resistance is 18457-18723.

Trend Decider of this week : 18188

Resistance - 18658-19206

Support - 17640-17170.

CNX BANK NIFTY

Bank Nifty trend is very bullish...last week it was a low 10364 but finally strong reversal were saw resulted high of 11134 and closed at 10988. We may consider down side support range 10500-10550, if break this level may test 10310-10000 in near term, whereas the resistance is 11200-11300 (200 DMA range), thereafter power full rally in banking sector. So be prepare for big move in coming days. On panic / dip to buying strategy only. No short sell. 

TODAY :- Yesterday Bank Nifty is in bearish side from the morning and it gives some recovery but it closes negatively 1.65%. Now the important level to watch out for today intraday session is support is 10715.96 and resistance is 11190-11286 level.

Trend Decider of this week: 10744

Resistance - 11123-11513

Support - 10353-9974.