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Market Overview / Nifty and Sensex Trends:

3rd October 2008

Experts View on Daily Trends

Crucial Trend Deciders to watch out for Today SENSEX 12875 NIFTY 3868 - By Globex Advisory

Nifty Support At 3880-3750 Resistance At 4000-4040
Sensex Support At 12500-12150 Resistance At 12950-13000 - By Manu Consultants

TODAY IF SENSEX MAINTAINS ABOVE 13139 LEVELS THEN IT CAN MOVE TOWARDS UPSIDE TARGETS 13139 - 13357 LEVELS… OTHERWISE IT MAY SLIDE UPTO 12485 – 12341 LEVELS...

SUPPORTS: 13051, 12843, 12628 & 12485
RESISTANCES: 13139, 13357, 13526 & 13671

- By Buy & Sell

MARKET IS VOLATILE TODAY
SENSEX RESISTANCE IS AT 13150--13240--13420 IN DOWN SIDE SUPPORT IS AT 12840--12760--12590
ABAN OFF--BUY AT 2040 TARGET 2090 STOPLOSS 2000

- By thebulleyes

For today trading in nse nifty October future trend level exists at 3960-3980 levels. On upper side above trend level resistance exists at 4016, 4053, 4075 levels. On down side below trend level support exists at 3921, 3885, 3862 levels - Anurag Gupta



FOR THE WEEK (UPDATED ON 29.09.2008):

As mentioned last week 14485 of SENSEX maintained its value - even SENSEX couldn’t touch 14485, which brought down the market heavily in later trading session of the last week.

This week 12907 of SENSEX will act as “TRIGGER POINT” – if it maintains above this level, can give upside targets 14011 & 14485 levels… Otherwise it may slide up to 12042 & 11699 levels…

SUPPORTS: 12907, 12485, 12042 & 11699

RESISTANCES: 13526, 13843, 14011 & 14485

CAUTION: IF SENSEX BREAKS AND CLOSES BELOW 12485 CAN BRING SUDDEN FALL ABOUT 9-12%




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