BSE index: (18174) Consider for this week...18058 a nearest crucial support if it remains intact then expect sideways up surges. Upward side 18321 & 18420 crucial resistances, keep stop loss of 18584 your shorts. A close above it'll move up to 18752 & thereafter to 18857-18908, sell on higher levels keeping stop loss of 19020.
Downward side a close below 18058 heavy fresh selling will drag it down further to 17748-17718-17639 initially which is a crucial support area. A close below 17639 it'll crash down to 17380 & 16961.
Nifty Trading March Future: (5460) Consider for this week...5400 a nearest crucial support if it remains intact then expect sideways up move. Upward side it'll face resistances at 5487 & 5523-5573. A close above 5573 it'll surge up further to 5662-5680 initially where again selling will be seen. In any best case scenario a close above 5680 it'll move up further to 5704, 5746 & 5784, sell on higher levels keeping stop loss of 5796.
Downward side a close below 5400 heavy fresh selling will drag it down to 5320-5310 initially which is a most crucial support. A close below 5310 it'll crash down to 5269-5232 & thereafter to 5188 & 5058.
Bank Nifty March Future: (10775) Consider for this week...10710-10649 nearest crucial support if it remains intact then expect sideways up move. Upward side it'll face resistances at 10870 & 10971-11091. A close above 11091 it'll rush up to 11350-11404 initially where selling will be seen. In any best-case scenario a close above 11404 it'll flare up to 11532-11597 & 11800.
Downward side a close below 10649 it'll fall down to 10336 initially. A close below 10336 it'll crash down to 10143 & 9830.
Bank Nifty March Future: (10775) Consider for this week...10710-10649 nearest crucial support if it remains intact then expect sideways up move. Upward side it'll face resistances at 10870 & 10971-11091. A close above 11091 it'll rush up to 11350-11404 initially where selling will be seen. In any best-case scenario a close above 11404 it'll flare up to 11532-11597 & 11800.
Downward side a close below 10649 it'll fall down to 10336 initially. A close below 10336 it'll crash down to 10143 & 9830.
TISCO: (582) 575-572 crucial support area to watch out for in further declines. A close below 572 it'll crash down to 563-558 & 540-535. Upward side 590-596 a nearest & 607 a solid resistance, keep stop loss of 508 to your shorts on a closing basis.
TATA MOTORS: (1157) 1131-1121 crucial support area if it remains intact then expect sideways up move. Upward side 1177 a crucial resistance closing above which it'll surge up to 1209-1221 & 1250.
Downward side a close below 1121 it'll crash down to 1075, 1048 & 1002.
TCS: (1076) Sell on higher levels considering 1095-1104 & 1114 solid resistances keeping stop loss of 1136. Downward side it'll fall down to 1052, 1026 & 983.
STERLITE: (160) A close below 158.50 it'll heavily crash down to 149, 143 & 134. Upward side 163 & 167 solid resistances, keep stop loss of 170 to your shorts.
SBI: (2571) 2571 a nearest support break below which it'll fall down to 2515-2495 initially which is a crucial support, where buying support will be seen. A close below 2495 it'll heavily crash down to 2425 & 2330. Upward side 2613 & 2630 solid resistances, keep stop loss of 2664 to your shorts. A close above 2664 it'll surge up to 2760.
TATA MOTORS: (1157) 1131-1121 crucial support area if it remains intact then expect sideways up move. Upward side 1177 a crucial resistance closing above which it'll surge up to 1209-1221 & 1250.
Downward side a close below 1121 it'll crash down to 1075, 1048 & 1002.
TCS: (1076) Sell on higher levels considering 1095-1104 & 1114 solid resistances keeping stop loss of 1136. Downward side it'll fall down to 1052, 1026 & 983.
STERLITE: (160) A close below 158.50 it'll heavily crash down to 149, 143 & 134. Upward side 163 & 167 solid resistances, keep stop loss of 170 to your shorts.
SBI: (2571) 2571 a nearest support break below which it'll fall down to 2515-2495 initially which is a crucial support, where buying support will be seen. A close below 2495 it'll heavily crash down to 2425 & 2330. Upward side 2613 & 2630 solid resistances, keep stop loss of 2664 to your shorts. A close above 2664 it'll surge up to 2760.
REL INFRA: (605) A close above 586 it'll crash down to 556 & 538. Upward side 610-615 solid resistances, keep stop loss of 627 to your shorts.
RCOM: (96) Buy considering 93.75 a solid support keeping stop loss of 91. Upward side it'll rush up to 103.50 which is a crucial resistance. A close above 103.50 it'll flare up to 107.50 & 114.
JP ASSO: (82) Buy considering 80.50 a solid support keeping stop loss of 76.50. Upward side 86-88 crucial resistances. A close above 88 it'll spurt up to 98 & 104.
HDIL: (165) A close above 166.25 it'll spurt up to 177 & 183. Downward side 158 a crucial support.
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