14th August 2008.

Break below 15013 expect panic down to 14735.

Heavy selling on higher levels to continue.

Stock specific approach advisable.

BSE index: (15093) Now break below 15013 it'll fall down further to 14977, 14930 & 14888 initially.
Break below 14888 sudden huge panic will drag it down to 14735 which is a crucial support to watch out for.
In worst scenario...Break below 14735 it'll crash down to 14445.
Upward side 15273 & 15368 nearest & 15445 a solid resistance, sell on higher levels keeping stop loss of 15532.


Nifty Future: (4551) Sell or remain short considering 4589 a nearest & 4615 a solid resistance keeping stop loss of 4654.
Downward side it'll fall down to 4500 & 4482 initially. Break below 4482 sudden panic will drag it down to 4448 & 4417. Consider 4417 a crucial support.
In worst scenario...break below 4417 it'll crash down to 4312.