BSE Sensex: (8701) As we said there are tough times ahead and the market cracked, the market still does not display any signs of strength as yet but the Strong support at 8508 is still there and we are now into F&O expiry week, I guess this is action time due to short covering rally.

The support for the Sensex is 8508-8048 and the resistance to the up move is at 9400.

Nifty: (2584) the support for the Nifty is at 2517-2411 and the resistance to the up move is at 2954.

As we discussed earlier, the strong support level of 8320 in our analysis of the market. The market may see real crises of this support level breaks and market then, may see lows of 6500 in comming months. So guys stay alert and still i say to invest small part of your amount at every fall of 7-8%. And This is the real time to go for long term investments. Short term would not provide you with big profits but long term will (surely).

    Shortly we would publish a list of stocks only on EquityPandit.com which is worth buying in this kind of market and would surely pay you good profits.