DOW JONES FELL FROM WHERE IT CLOSED YESTERDAY, ONCE AGAIN ON FINANCIAL SECTOR WORRIES, WITH UBS POSTING QUARTERLY LOSS AGAIN AND JP MORGAN CHASE AND GOLDMAN SACHS CUTTING THEIR EARNING ESTIMATES. DOW CLOSED AT 11642 DOWN 140 POINTS, OFF IT DAY`S LOW AT 11601. JAPAN`S NIKKEI OPENED LOWER AND WAS DOWN 300 POINTS ON GROWTH WORRIES.

NIFTY FUTURE YESTERDAY OPENED AT 4644,FELL FROM DAY` HIGH OF 4654 (OUR RESISTANCE LEVEL 4655) TO 4635 AND CLOSED AT 4571.



NIFTY FUTURE SUPP LEVELS 4520,4460 RESIST 4620, 4655. LONG AT LOWER LEVEL SUGGESTED WITH STRICT STOPS.

GMRINFRA SUPP 106, 103 RESIST 116 BUY AT LOWER LEVEL

BPCL SUPP 321,316 RESIST 335 BUY

DLF BELOW 545 TGT 533

ZEEL SUPP 210,206 RESIST 217,221 BUY

IDFC SUPP 104,101 RESIST 112,116 BUY AT LOWER LEVEL

INDIACEM SUPP 149 RESIST 164 SELL AT HIGHER LEVEL

HCC BUY 104 SL 102 TGT 113,116

CAIRN BUY 233 SL 230 TGT 242

INDIANB BUY 121 SL 119 TGT 131

HINDALCO SUPP 138,134 RESIST 146,149 BUY

SATYAMCOMP BUY 392  SL 389 TGT 414

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE MARKET.HAVE A GOOD DAY. Replies At This ColoumN OR AT vijay.calls@yahoo.co.in

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