Dow Jones Tonight for December 26 - Viral Joshi

Pivot is 8,450 and support is 8,300.

S1 8,450; S2 8,400; S3 8,350; and R1 8,480; R2 8,510; R3 8,580.

Above 8,480 Dow is positive and below 8,450 Dow is negative.

Nifty Future for December 26 - Viral Joshi

Pivot is 2940 and support is 2880.

S1 2920; S2 2900; S3 2880; and R1 2940; R2 2960; R3 2980/3020;

Buy above 2920 and if it breaks 2940 then 2960 - 2980 - 3020.
Short below 2920 and if it breaks 2900 then 2880 - 2860 - 2840.

Daily moving averages:

5DMA 3013;
20DMA 2863;
50DMA 2917;
200DMA 4123.

Nifty Update for December 26 - Inder Bhatia

The Indian market opened on a marginally weak note and drifted in to the red zone. It was a lackluster session that saw some action in the last trading session. For the coming session 2910 is main support. Below it we could test the 2866 zone. On the other side 2945 is a resistance. Nifty is moving in a narrow band of 2860- 3150 .

Dow Jones Tonight for December 24 - Viral Joshi

Pivot is 8,450 and support is 8,300.

S1 8,400; S2 8,350; S3 8,300; and R1 8,450; R2 8,500; R3 8,550.

Above 8,450 Dow is positive and below 8,400 Dow is negative.

Nifty Future for Dec 24 - Viral Joshi

Pivot is 2980 and support is 2880.

S1 2950; S2 2920; S3 2900/2880; and R1 2980; R2 3020; R3 3050/3080;

Buy above 2960 and if it breaks 2980 then 3020 - 3050 - 3080.
Short below 2960 and if it breaks 2950 then 2920 - 2900 - 2880.

Daily moving averages:

5DMA 3020;
20DMA 2852;
50DMA 2929;
200DMA 4135.

Reliance at Short-Term Low - Rakesh Chandra

The Reliance hourly chart analysis shows that next day some near-term low formation is likely and the day after some upside cannot be ignored. At lower levels, book partially for short-term profit-booking point of view.

With Stoploss 1,257 buy above 1,262.05. Next day up target>1,269 >>1,282 >>>1,289.

Next day lower target >1,250 >>1,238 >>>1,231.

Nifty Update for December 24 - Inder Bhatia

The Indian market opened on a lower note, on weak global cues and closed in the red zone. For the coming session. we could see choppy moves on the lower side with 2920 as the main support for Nifty. On the other side 2988 would act as a resistance zone.

Nifty Update for December 23 - Inder Bhatia

The Indian market opened on a marginally weak note and drifted in to the red zone. It was a volatile session within a narrow range. For the coming session if Nifty trades below 3017 it could test 2975-2960. On the other side 3090 would act as a resistance zone.

Nifty Future for Week Dec 22-26 - Rakesh Chandra

In last week's report it was mentioned that we are progressing to the upside 3170 area. The market behaved in the same manner but unexpectedly went way to the upside even if global clues were weak.

Nifty last week high touched 3116. Now we are merely 50-60 points away from the resistance zone. Book profit from long position and wait to see how its unfolding. Stock that did not participate in this rally could perform.

For longs, with stoploss of 3,063 next week, buy above 3,089.45. Next week up target 3,133>> 3,203>>> 3,247.

For shorts, with stoploss 3,089 next week short below 3,062.55. Next week lower target >3,019>>2,949>>>2,905.

ABAN Reversal Expected 22-26 Dec - Rakesh Chandra

Aban Lloyd daily charts show a symmetrical triangle formation. This should form a reversal pattern in the upward direction, the confirmation of which would come only after crossing the upper line. daily chartsymetrical triangle formation.

For longs, with stoploss 729 buy above 744.87 with next week up target>771>>813>>>839.

For shorts, with stoploss 745 short below 728.73 with lower target 703>>660>>>634.

Nifty Update for December 22 - Inder Bhatia

Buy TITAN above 989 TGT 1023>1040 Stoploss 973.

The Indian market opened on a marginally lower note on weak global cues but closed in the green zone. For the coming session if Nifty trades above 3092 it could test 3130-3153. On the lower side 3033-3015 will act as as a support zone.

Last week nifty surged by 5.35 percent with significant gains and the Volatility Index closed below 50, indicating stability in the market. For the coming session Nifty is heading near multiple resistance zone of 3153-3254, and basis, we could witness profit booking toward 2860 zone. On the lower side for this week 2970-2930 will act support zone.