Dow Jones Tonight for October 10 - Viral Joshi

Pivot is 9,000 and support is 8,400.

S1 8,550; S2 8,500; S3 8,400; and R1 8,600; R2 8,700; R3 8,800/9,000.

Above 8,600 Dow is positive and below 8,500 Dow is negative.

Nifty Future for October 10 - Viral Joshi

Pivot is 3450 and support is 3250.

S1 3450; S2 3400; S3 3350/3300; and R1 3460; R2 3500; R3 3550/3580;

Buy above 3450 and if it breaks 3500 then 3550 - 3580.
Short below 3450 and if it breaks 3400 then 3350 - 3300 - 3250.

Daily moving averages:

5DMA 3698;
20DMA 4011;
50DMA 4247;
200DMA 4787.

Nifty Update for October 10 - Inder Bhatia

The Indian market opened on a weak note and slid further. As the day progressed the market fell more than 7 percent. However, after the sun outage, Nifty saw a sharp pullback and closed above 3500 levels.

For the coming session if Nifty opens above 3551 it could test 3617-3698, and on the lower side 3310 would act as a support zone. A short-term pullback rally could touch 3800-3930 levels, stop-loss would be 3310.

HOT STOCK: RANBAXY

Dow Jones Tonight for October 8 - Viral Joshi

Pivot is 9,650 and support is 9,400.

S1 9,440; S2 9,420; S3 9,400; and R1 9,550; R2 9,650; R3 9,700.

Above 9,500 Dow is positive and below 9,440 Dow is negative.

Dow Jones target minimum 10,100 in 2 days from here.

Nifty Future for October 8 - Viral Joshi

Pivot is 3600 and support is 3480.

S1 3600; S2 3550; S3 3500/3480; and R1 3610; R2 3650; R3 3680/3750;

Buy above 3610 and if it breaks 3650 then 3680 - 3750.
Short below 3600 and if it breaks 3550 then 3500 - 3480.

Daily moving averages:

5DMA 3780;
20DMA 4059;
50DMA 4263;
200DMA 4799.

Nifty Update for October 8 - Inder Bhatia

The Indian market opened on a positive note but was not able to sustain at higher levels and fell deep in to the red zone. It was a choppy session during which the markets made a new low of 3537 levels although they managed to close in the green zone. For the coming session if Nifty ross 3730 it could test 3819 levels. On the lower side 3524 would act as support. The RSI is showing some divergence on chart for the upside.

Buy NTPC above 177 TGT 181>183 Stoploss 175.

Dow Jones Tonight for October 7 - Viral Joshi

Pivot is 10,000 and support is 9,800.

S1 9,900; S2 9,850; S3 9,800; and R1 10,000; R2 10,100; R3 10,200.

Above 10,000 Dow is positive and below 9,900 Dow is negative.

Nifty Future for October 7 - Viral Joshi

Pivot is 3640 and support is 3480.

S1 3600; S2 3550; S3 3500/3480; and R1 3610; R2 3640; R3 3680;

Buy above 3610 and if it breaks 3640 then 3680.
Short below 3600 and if it breaks 3550 then 3500 - 3480.

Daily moving averages:

5DMA 3829;
20DMA 4103;
50DMA 4279;
200DMA 4811.

( use today low for long , target 4100 in 3 days )

Astro Report for October 6-7 - Rakesh Chandra

From the astrology point of view, Mercury and Sun are coming together on October 6, and would be the closest on October 7. Market would change direction to the upside and this cannot be ignored around this pivotal day. Let us see how much and in what way market will show volatility.

Nifty Future Weekly for Oct 6-10 - Rakesh Chandra

Nifty future on an hourly basis is close to completing its 5th wave down. Possible target for this down wave is 3629 max. It is advisable to buy at the lower levels.

Upwave (4-5) WUT3: 4,077;

Upwave (2-3) WUT2: 4,020;

Upwave (0-1) WUT1: 3,928;

WUT = Weekly Upper Target.

Price is bullish above the weekly pivot point of 3870.64;

Price is bearish below the weekly pivot point of 3835.36.

Weekly lower targets are:

Down wave (0-1) WLT1: 3,778;

Down wave (2-3) WLT2: 3,686;

Down wave (4-5) WLT3: 3,629.

Nifty Update for October 6 - Inder Bhatia

The Indian market opened below the 3900 mark, faced selling pressure throughout the session, and closed in the deep red zone. For the coming session, if the market opens above 3870, it could test 3921-3940 zone. On the lower side, 3759-3711 would act as support zone.

Last week nifty lost 4.2 percent and closed near a major neckline support. As heavyweights cracked last week, some like Reliance and Tata Steel, made new lows. Nifty is hovering near 3800 levels Closing below this, it will test 3647-3547 levels. For the coming session, if Nifty closes above 3910, it could test 3973-4052. On the lower side 3766 -3623 would act as a support zone.


Sell NALCO below 346.50 TGT 335>327, Stoploss 352.

Sell SESAGOA below 107 TGT 101>97 Stoploss 111.70.