NIFTY FUTURES (F & O)
Below 2577-2579 zone, selling may continue up to 2568 level and thereafter it can slide up to 2543-2545 zone by non-stop.
Hurdles at 2601 & 2611 levels. Above these levels, expect short covering up to 2645-2647 zone and thereafter it can jump up to 2680-2682 zone by non-stop.
Cross above 2691-2693 zone, it can zoom up to 2726-2728 zone and supply expected at around this zone and have caution.
Below 2577-2579 zone, selling may continue up to 2568 level and thereafter it can slide up to 2543-2545 zone by non-stop.
Hurdles at 2601 & 2611 levels. Above these levels, expect short covering up to 2645-2647 zone and thereafter it can jump up to 2680-2682 zone by non-stop.
Cross above 2691-2693 zone, it can zoom up to 2726-2728 zone and supply expected at around this zone and have caution.
On Negative Side, rebound expected at around 2531-2533 zone. Stop Loss at 2496-2498 zone.
Short-Term Investors:
Bearish Trend. 3 closes below 2974 level, it can tumble up to 2510 level by non-stop.
Short-Term Investors:
Bearish Trend. 3 closes below 2974 level, it can tumble up to 2510 level by non-stop.
BSE SENSEX
Traders can expect fall further.
Short-Term Investors:
Short-Term Investors:
Short-Term trend is Bearish and target at around 8129 level on down side.
Maintain a Stop Loss at 8998 level for your short positions too.
Strong & Weak futures
This is list of 10 strong futures:
Amtek Auto, Mphasis, Maruti, Ashok Ley, Auro Pharma, Ultra Cemco, Matrix Labs, Shree Cem, M&M & Naukri.
And this is list of 10 Weak Futures: Aban, Syndicate Bank, Rolta, Gitanjali, Pantaloon, Indian Bank, Punj Lloyd, Ranbaxy, ICICI Bank & IOB.
Nifty is in Down Trend.
Nifty is in Down Trend.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 6,726.02. Down by 37.27 points.
The Broader S&P 500 closed at 696.33. Down by 4.49 points.
The Nasdaq Composite Index closed at 1,321.01. Down by 1.84 points.
The partially convertible rupee ended at 51.95/97 per dollar on yesterday, below Monday's close of 51.90/92.
SENSEX Stocks May Fall
The Broader S&P 500 closed at 696.33. Down by 4.49 points.
The Nasdaq Composite Index closed at 1,321.01. Down by 1.84 points.
The partially convertible rupee ended at 51.95/97 per dollar on yesterday, below Monday's close of 51.90/92.
SENSEX Stocks May Fall
NIFTY & SENSEX SPOT LEVELS TODAY
 | 2622.40 | ( -1.95 %) | -52.20 |  |
| 1 | 2 | 3 | ||
| Resistance | 2670.08 | 2717.77 | 2747.03 | |
| Support | 2593.13 | 2563.87 | 2516.18 | |
 | 8427.29 | ( -2.09 %) | -179.79 | | |
| 1 | 2 | 3 | |||
| Resistance | 8578.26 | 8729.22 | 8823.25 | ||
| Support | 8333.27 | 8239.24 | 8088.28 | ||
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 03-Mar-2009 | 641.28 | 1382.61 | -741.33 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 03-Mar-2009 | 904.94 | 381.37 | 523.57 |
--
Arvind Parekh
+ 91 98432 32381
