NIFTY FUTURES (F & O)
Below 2905 level, selling may continue up to 2890-2892 zone and thereafter slide may continue up to 2865-2867 zone by non-stop.
Below 2905 level, selling may continue up to 2890-2892 zone and thereafter slide may continue up to 2865-2867 zone by non-stop.
Hurdle at 2948-2950 zone. Above this zone, expect short covering up to 2988-2990 zone and thereafter expect a jump up to 3013-3015 zone by non-stop.
Cross above 3026-3028 zone, it can zoom up to 3051-3053 zone and supply expected at around this zone and have caution.
On Negative Side, rebound expected at around 2853-2855 zone on down side. Stop Loss at 2827-2829 zone.
Short-Term Investors:
Bullish Trend. 3 closes above 2932 level, it can zoom up to 3033 level by non-stop.
Short-Term Investors:
Bullish Trend. 3 closes above 2932 level, it can zoom up to 3033 level by non-stop.
3 closes below 2932 level, it can tumble up to 2728 level by non-stop.
BSE SENSEX
Traders can expect rebound.
Short-Term Investors:
Short-Term trend is Bullish and target at around 10531 level on upper side.
Traders can expect rebound.
Short-Term Investors:
Short-Term trend is Bullish and target at around 10531 level on upper side.
Maintain a Stop Loss at 8867 level for your long positions too.
Strong & Weak futures
This is list of 10 strong futures:
BRFL, India Info, Nagar Const, Ster, Matrix Labs, Bata India, Hind Zinc, Kesoram Ind, GMR Infra & Hindalco.
And this is list of 10 Weak Futures:
Rolta, Alok Text, Moser Baer, Glaxo, Hinduja Ventures, IOC, Allahabad Bank, Crompton Greaves, Indian Bank & Network 18.
Nifty is in Up Trend.
This is list of 10 strong futures:
BRFL, India Info, Nagar Const, Ster, Matrix Labs, Bata India, Hind Zinc, Kesoram Ind, GMR Infra & Hindalco.
And this is list of 10 Weak Futures:
Rolta, Alok Text, Moser Baer, Glaxo, Hinduja Ventures, IOC, Allahabad Bank, Crompton Greaves, Indian Bank & Network 18.
Nifty is in Up Trend.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 7,660.21. Down by 115.65 points.
The Broader S&P 500 closed at 806.25. Down by 16.67 points.
The Nasdaq Composite Index closed at 1,516.52. Down by 39.25 points.
The partially convertible rupee <INR=IN> closed at 50.73/74 per dollar on yesterday, below Monday's close of 50.46/47.
NIFTY & SENSEX SPOT LEVELS FOR TODAY
 | 2938.70 | ( -0.04 %) | -1.20 |  |
| 1 | 2 | 3 | ||
| Resistance | 2999.23 | 3059.77 | 3102.13 | |
| Support | 2896.33 | 2853.97 | 2793.43 | |
 | 9471.04 | ( 0.50 %) | 47.02 |  | |
| 1 | 2 | 3 | |||
| Resistance | 9645.81 | 9820.59 | 9942.17 | ||
| Support | 9349.45 | 9227.87 | 9053.09 | ||
FII DATA
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 24-Mar-2009 | 2077.6 | 1575.84 | 501.76 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 24-Mar-2009 | 1290.55 | 1483.54 | -192.99 |
--
Arvind Parekh
+ 91 98432 32381
