Nifty Stock :After a test of 5196 on last Monday Nifty finally broken their major resistance level 5328 and 5380 and finally managed to closed at 5478 which indicate short term bullishness and indicate that the worst could have been averted for the time being. 

Volume suddenly picked up and in FO segment neared Rs. 200000 crores on Friday. On the other hand Put Cal Ratio if Index show fallen below 1, which was, indicate over sold market. Open Interest in FO Segment around Rs. 145000 crores. In this juncture, we should watch Friday high 5378 very carefully and crossover and stay with volume may test 5550-5560-5570, thereafter more short covering and fresh long will take up to 5650 in near term. On the flip side Lower level strong support range 5350-5300 and further weakness only below that level. 

TODAY: At the end of the week Nifty open positively and it was showing good strength one side movement on positive side with the effect of crude price and close positively. It was breaking all resistance level in single bars. Now we may consider support 5420-5378-5330, resistance 5511-5555-5615 watch out. Today Magic No. 5483 Below sell side. 

BSE : In the last week big volatile were saw (Low 17314) and Monday big fall were saw the mood was exactly reversal on Friday trading and find that traders are covering their short position and Sensex managed to close above 18000 and finally closed at 18268 (which is a 38.2% retracement level of previous rally) FIIs who were net sellers through June turned to buyers in the last two sessions and they purchased more than 1000 Cores. Overall trend is still medium term down but time to pause at current juncture and closely watch Friday High 18268 - successfully crossover it will move towards 18500-18650-18800-18850. On the flip side, failure to close above that level will donwn to again 18000-17700 then rest again 17134.

TODAY: At the end of the week BSE Index open positively and it was showing very good strength on positive with the effect of crude price side and close positively. Now the consider support at lower level 17487-17314, where as the resistance 17786-17869. Today Magic No. 18286.

Bank Nifty Stock Market : As mentioned in this column no of times that lower level strong support 10300-10350 and break with volume only weakness.... On the higher side crossover 10650 will move north word journey and it was did it on Friday trading and made a high 10897 mark. Short-term trend is positive side. We may consider support is 10500 and resistance 11000-11150 range.

Today: At the end of the week Bank Nifty was open positively and showing good strength on positive side and close positively. It breaking the all resistance level and all banking stocks showing gap up opening and give the short covering in the market. Now consider support of in bank nifty 10723-10750-10800 and on upside resistance around 10915-10950-11057. Today Magic No. 10910.

CNX IT: On Friday tremendous strength were saw resulted it was added 200 points and finally closed at 6499. Short-term trend is positive with consider support 6300-6500 range. Higher level again it will face resistance 6650-6700 range.

BSE index: (17551) 17492 a nearest support break below which it'll fall down to 17376, buy in panic keeping stop loss of 17305.

Upward side 17621 & 17679 crucial resistances to watch out for. Crossover above 17679 sharp corrective up surges will take it up to 17795 & 17844-17866. Book profit on higher levels & go short keeping stop loss of 17925.
Downward side break below 17305 it'll crash down to 17190-17131.

Nifty Stock Market June Future: (5284) 5256 a nearest support break below which it'll fall down to 5240 & 5223, buy in panic keeping stop loss of 5196. Upward side crossover above 5312 it'll surge up to 5340, 5361 & 5383, book profit on higher levels.
Downward side break below 5196 it'll crash down to 5153-5146.

TITAN: (4285) It'll fall down further to 4214-4192 initially, which is a most crucial support area to watch out for. Break below 4192 it'll heavily crash down to 4129 & 3980.

Upward side 4373 a nearest hurdle crossover above which it'll surge up to 4432 & 4492-4512, sell on higher levels keeping stop loss of 4600.

PANTALOON: (274) Sell considering 282 & 286 solid resistances keeping stop loss of 293. Downward side it'll fall down to 269, 265 & 258.

SINTEX: (160) Sell considering 163 a solid resistance keeping stop loss of 168. Downward side it'll fall down to 156, 152 & 145.

MARUTI: (1119) Sell or remain short considering 1132-1140 a solid resistance keeping stop loss of 1152. Downward side it'll fall down to 1110, 1091-1081.

M&M: (649) Buy considering 642 a solid support keeping stop loss of 634. Upward side it'll surge up to 658-660, sell on higher levels keeping stop loss of 666.

TATA MOTORS: (936) Crossover above 947 it'll surge up correctively to 959, 966 & 977. Downward side 925 a crucial support break below which it'll fall down to 915, 907 & 895.

APOLLO TYRES: (72) Sell considering 73 & 74.75 solid resistances keeping stop loss of 76.50. Downward side it'll fall down to 70 & 68.

SBI: (2141) 2123 a crucial support if it remains intact then expect up surges to 2192 & 2235.
Downward side break below 2123 it'll heavily crash down to 2055.

ICICI Bank: (1020) 1029-1035 solid resistances, keep stop loss of 1038 to your shorts. Downward side break below 1002 it'll crash down to 956.

JINDAL STEEL: (613) Sell considering 617 a solid resistance keeping stop loss of 625. Downward side it'll fall down to 595 & 577.

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M&M: (667) 657 & 649 crucial supports to watch out for. A close below 649 it'll heavily fall down further to 610 & 586.

Upward side 675-683 a nearest & 693 a solid resistance, sell on higher levels keeping stop loss of 712.

TATA MOTORS: (1025) Sell on higher levels considering 1044 & 1053 solid resistances keeping stop loss of 1076. Downward side it'll fall down to 1001 & 987 initially. A close below 987 it'll crash down to 958 & 904.

ABG SHIP: (373) Keep stop loss of 357 & buy on declines. Upward side a close above 391 it'll spurt up to 403, 411 & 424.

EXIDE: (165) Break below 158 it'll fall down to 151 & 146.

BOSCH: (7117) A close above 7226 expect 7412 & 7713.

BHEL: (1912) It'll fall down to 1887 initially. A close below 1887 sudden panic will drag it down to 1852 & 1839 initially. A close below 1839 it'll heavily crash down to 1825, 1803 & 1780. Upward side 1928-1935 a solid resistance, keep stop loss of 1952 to your shorts.

CAIRN: (335) A close below 330 it'll heavily crash down to 314, 303 & 287. Upward side 339 & 347 are solid resistances.

HINDALCO: (190) Sell considering 192.50 a solid resistance keeping stop loss of 197. Downward side it'll fall down to 183, 179 & 173.

L&T: (1712) Buy considering 1699 a solid support keeping stop loss of 1680. Upward side crossover above 1720 it'll spurt up to 1749 & 1801.

REL CAP: (525) Sell considering 540 a solid resistance keeping stop loss of 549. Downward side it'll fall down to 511 & 506-496. Upward side crossover above 549 it'll turn positive & surge up further to 575 & 582-591.

RANBAXY: (534) Break below 531 it'll fall down to 520 & 513. Upward side 541 & 545 solid resistances.