BANKNIFTY FOR SUPPORT 16/04/2010

BANKNIFTY Support 1 9194.52
Support 1 9275.78
Pivot Point 9426.37
Resistance 1 9507.63
Resistance 2 9658.22

NIFTY FOR SUPPORT 16/04/2010

 NIFTY Support 1 5198.3
Support 1 5237.8
Pivot Point 5307.65
Resistance 1 5347.15
Resistance 2 5417

BANKNIFTY FOR SUPPORT 15/04/2010

BANKNIFTY Support 1 9430.38

Support 1 9466.77

Pivot Point 9512.38

Resistance 1 9548.77

Resistance 2 9594.38

SUPPORT FOR NIFTY 15/04/2010

NIFTY Support 1 5295.2

Support 1 5312.4

Pivot Point 5325.2

Resistance 1 5342.4

Resistance 2 5355.2

SUPPORT FOR BANKNIFTY 13/04/2010

BANKNIFTY Support 1 9468.45
Support 1 9522.9
Pivot Point 9605.45

Resistance1 9659.9
Resistance 2 9742.45

SUPPORT FOR NIFTY 13/04/2010

NIFTY Support 1 5292.67

Support 1 5318.23

Pivot Point 5348.02

Resistance 1 5373.58
Resistance 2 5403.37

SUPPORT FOR BANKNIFTY 12/04/2010

BANKNIFTY Support 1 9477.38

Support 1 9571.27

Pivot Point 9639.88

Resistance 1 9733.77

Resistance 2 9802.38

NIFTY FOR SUPPORT 12/04/2010

NIFTY Support 1 5271.83

Support 1 5318.37

Pivot Point 5353.63

Resistance 1 5400.17

Resistance 2 5435.43

BUY LICHSGFIN 09/04/2010

INTRA CASH BUY LICHSGFIN BUY ABV 895 TGT 900/904/903 SL 890

BUY ONGC 09/04/2010

Continuous correction in ONGC has taken place

and the counter has strong support around

Rs.1050. Negative move around support can be

used by positional traders to form long positions,

for the target of Rs.1100, with the stop loss of

Rs.1035.

Amongst IT Stocks 0

Amongst IT stocks HCLTECH is trading around its

support of Rs340 levels. Due to short covering in

the counter we can expect target of Rs.360 with the

stop loss of Rs.332

BANKNIFTY FOR SUPPORT 09/04/2010

BANKNIFTY Support 1 9394.95

Support 1 9458.8

Pivot Point 9564.9

Resistance 1 9628.75

Resistance 2 9734.85

SUPPORT FOR NIFTY 09/04/2010

NIFTY Support 1 5240.67

Support 1 5271.13

Pivot Point 5320.57

Resistance 1 5351.03

Resistance 2 5400.47

BANKNIFTY FOR SUPPORT 08/04/2010

BANKNIFTY Support 1 9560.13

Support 1 9624.27

Pivot Point 9705.63

Resistance 1 9769.77

Resistance 2 9851.13

SUPPORT FOR NIFTY 08/04/2010

NIFTY Support 1 5318.72

Support 1 5348.83

Pivot Point 5373.42

Resistance 1 5403.53

Resistance 2 5428.12

BUY NIFTY 07/04/2010

BUY NIFTY

BUY ABV 5380

TGT 5400/5410/5420

SL 5355

CASH LEVEL

BANKNIFTY FOR SUPPORT 07/04/2010

BANKNIFTY Support 1 9609.17

Support 1 9666.93

Pivot Point 9720.87

Resistance 1 9778.63

Resistance 2 9832.57

SUPPORT FOR NIFTY 07/04/2010

NIFTY Support 1 5334.03

Support 1 5350.57

Pivot Point 5368.78

Resistance 1 5385.32

Resistance 2 5403.53

MARKETS OPENED06/04/2010

if indices trade above 17949 / 5378

levels. On the upside indices are likely to test 18000 – 18120 / 5400 – 5450 levels. On the downside 17768 –

17714 / 5324 – 5300 levels may act as support for the market.

Markets opened 01/04/2010

Markets opened on a flat note, witnessed a rally in the first hour of the session which was short lived that led the

indices to close in red. On the daily charts the momentum oscillators viz. the RSI and the Stochastic are still

negatively poised. If indices trade below 17488 / 5235 levels then they are likely to test 17383 - 17244 / 5200 -

5160 levels. However, a bounce to 17604 – 17676 / 5270 – 5293 levels cannot be ruled out.