PNB: (907) Sell considering 928 & 940-949 solid resistances keeping stop loss of 970. Downward side break below 899 it'll fall down to 887, 875-870 & 857 initially. A close below 857 it'll crash down to 845-835 & 805-794-784.
BOB: (689) Sell considering 700 & 707-712 solid resistances keeping stop loss of 728. Downward side it'll fall down to 667, 653 & 640 initially. A close below 640 it'll crash down to 620 & 598.
BOI: (299) Sell considering 307 a solid resistance keeping stop loss of 315. Downward side it'll fall down to 281 & 271 initially. A close below 271 it'll fall down further to 265 & 250.
CAN Bank: (405) Sell considering 412 a solid resistance keeping stop loss of 425. Downward side it'll fall down to 388 & 373.
HDFC Bank: (439) Sell considering 446 & 450 solid resistances keeping stop loss of 454. Downward side it'll fall down to 426, 411 & 387.
ICICI Bank: (820) Sell considering 828 & 835 solid resistances keeping stop loss of 854. Downward side it'll fall down to 810, 803, 795 & 782.
AXIS Bank: (1000) Break below 992 it'll fall down to 968 initially which is a most crucial support to watch out for. A close below 968 it'll heavily fall down further to 890-880 & 865. Upward side 1033 & 1075 solid resistances.
HDFC: (621) Sell considering 630.50 & 639 solid resistances keeping stop loss of 643. Downward side it'll fall down to 603, 588 & 563.
BOB: (689) Sell considering 700 & 707-712 solid resistances keeping stop loss of 728. Downward side it'll fall down to 667, 653 & 640 initially. A close below 640 it'll crash down to 620 & 598.
BOI: (299) Sell considering 307 a solid resistance keeping stop loss of 315. Downward side it'll fall down to 281 & 271 initially. A close below 271 it'll fall down further to 265 & 250.
CAN Bank: (405) Sell considering 412 a solid resistance keeping stop loss of 425. Downward side it'll fall down to 388 & 373.
HDFC Bank: (439) Sell considering 446 & 450 solid resistances keeping stop loss of 454. Downward side it'll fall down to 426, 411 & 387.
ICICI Bank: (820) Sell considering 828 & 835 solid resistances keeping stop loss of 854. Downward side it'll fall down to 810, 803, 795 & 782.
AXIS Bank: (1000) Break below 992 it'll fall down to 968 initially which is a most crucial support to watch out for. A close below 968 it'll heavily fall down further to 890-880 & 865. Upward side 1033 & 1075 solid resistances.
HDFC: (621) Sell considering 630.50 & 639 solid resistances keeping stop loss of 643. Downward side it'll fall down to 603, 588 & 563.
INTRADAY NIFTY: As mentioned in this column last week that below 5382 and 5000 major weakness in the Nifty and finally test a low 4720 on Friday trading. Market has currently entered in over sold region, however any rally will be of short-term and again higher level selling opportunity. In this week, we may consider resistance 4811-4865, downside support 4630-4528 watch out. Below 4500, another round of panic, which will take up to 3989-3800 mark sharply. Close above 5100-5250 will indicate index ready to sustainable recovery likely.
INTRADAY NIFTY FUTURE: Today: On Friday, we were bearish below 4900 and more bearish below 4800 and finally made a low 4720. Nifty Future already slipped from the high 5740 (8thJuly 2011) to low 4720 and almost wipe out more than 1000 points. So any more down side sharp recovery also.
Now we may consider resistance 4785-4800, decisively crossover and stay with volume more upside, down side support 4675 (8th Feb 2010) are a very critical, if break this level with volume and stay 10 to 15 minutes nonstop target 4600+.
COAL INDIA
Long term good - but short term down ward bias
Sell on rise strategy...Close below 350- free fall up to...?
DLF
Below 180 - Strong bear favour...
JP ASSOCIATES
Below 58 target 50 +.
RELIANCE
Below 750 no long please,
Now resistance and your stop loss for short side...?
Down side target 700-650.
TISCO
Below 450 real bear favour.
Ultimate target 360-350
Whereas forgot about the market.
SBI
Close watch 1910 and decide
Your trading strategy.
ICICI BANK
Below 833 bear favour
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