Index	Open	High	Low	Current	Previous Close	Change (Pts.)	% Change
SENSEX	20930.4	20937.9	20544.2	20589.1	20875.7	286.62	(1.4)

BSE SENSEX (20589.1) SUPPORTS : RESISTANCE : TRENDS : SHORT TERM : Down MEDIUM TERM : Up with caution LONG TERM: : Up SENSEX opened on low notes then went up a few points but could not cross yesterdays high and started fell from the second hour of trading till the end session. The today’s fall was initiated by TCS and supported by RELIANCE and SBI on a third day in a row never looked to be recovering from huge selling pressure it has been witnessing. In the later half of the day the whole BANKING SECTOR including AXIS BANK and ICICI BANK started to crash. SENSEX finally closed the day at 20589 down by massive 286 points.

Chart – I (All Price Charts as on 11th  November  2010)

ADVANCE / DECLINES BSE Advances 1288 Declines 1696 Unchanged 119 BSE TURNOVER (Rs. In Crores) Cash 6614 Future -- Total 6614 KEY SENSEX AVERAGES Daily Short Term Avg 20590 Near Term Avg 1 20231 Near Term Avg 2 19368 200 EMA 18009

SENSEX TOP GAINERS / LOSERS
Gainers Gainers				Losers Losers
Scrip	CMP	Prev. Close	% Chg	Scrip	CMP	Prev. Close	% Chg
RPOWER	188.60	173.20	8.89	APOLLO TYRE	70.35	75.25	(6.51)
INDUSIND BANK	295.55	285.45	3.54	TVS MOTORS	78.55	83.00	(5.36)
PIPAVAVSHIP	92.80	89.70	3.46	DLF	346.45	362.45	(4.41)
HINDALCO	234.05	228.00	2.65	FEDERALBANK	466.60	487.40	(4.27)
THERMAX	875.35	852.85	2.64	DISH TV	64.15	68.40	(4.11)

                                    

NSE NIFTY (6194.25) As was mentioned in our Technical view yesterday morning nifty futures was making a DIAMOND pattern on its 15 Minutes Intraday chart which was broken on the downside causing all the trouble for the bulls the whole day as shown on NIFTY chart 5960 which was an important low made in October now becomes 38.2% of one major Up move so if this fall picks up momentum 5960 around will become an important Target. NIFTY FUTURE has Support at 6203 for today if this level is held on a closing basis we may see some corrective bounce back next week on the upside 6261/6293 will be strong resistance levels for nifty futures. SPECIAL NOTE :

Chart – II (All Price Charts as on 11th  November  2010)