NSE / BSE Today 21st October 2008.

NSE / BSE Today 21st October 2008.

10538 & 3276 crucial resistances to watch out for.

Break below 10006 & 3050 fresh selling will underway.

9843 a crucial support to watch out in further panic.



BSE index: (10223) Consider 10289 a nearest & 10376 a solid resistance, keep stop loss of 10538 to your sales.
Downward side watch out for nearest support at 10006 break below it'll fall down to 9843 which is a most crucial support.
Break below 9843 fresh selling will underway & it'll fall down heavily to 9705, 9508 & 9191.
Upward side crossover above 10538 it'll turn bit positive & surge up correctively to 10857 & 11053 which is a most crucial resistance & trend decider.


Nifty Future: (3150) Consider 3187 a nearest & 3211 a crucial resistance, keep stop loss of 3276 to your sales.
Downward side 3050 a crucial support break below which fresh selling will underway & it'll fall down to 2937 & 2858-2843.
Upward side crossover above 3276 it'll turn positive & surge up to 3405, 3442 & 3473.


STOCKS TO WATCH TODAY

DLF: (273) Looks weak. Selling on higher levels will be seen.

RIL: (1322) 1390 & 1281 crucial trend deciders.

REL CAP: (658) 675 a crucial hurdle to watch out for.

RCOM: (232) Crossover above 254 heavy short covering will be seen.


REL INFRA: (482) 522 & 539 hurdles to watch out for.

BHEL: (1096) 1081 a crucial support & trend decider for the day.

HDFC Bank: (1085) 1113 & 1130 crucial hurdles to watch out for.