Resistance at 1438 and 1450, above it may test 1475 and 1532. Support at 1415 and 1403. (Buy at declines)
Thursday, July 16, 2009
L&T (1430)
JINDAL STEEL (2528)
Resistance at 2545, above it may test 2569 and thereafter expect a level of 2615 and 2649. Support at 2505 and 2485.
IBN 18 (101.90)
Support at 99 and 97.50. (Buy at declines) Resistance at 103, above it may test 109 and 121 and even 135.
DHAMPUR SUGAR (62.35)
Support at 60 and 59. Resistance at 64, above it may test 67 and 69 or even 72.
NICCO CORPORATION (4.75)
Strong support at 4.10 and 3.50. (Use 3.50 as stop loss for long) Resistance at 5, above it may test 7.50 and 8.95.
NIFTY(4233)
Nifty has resistance at 4257, 4275, 4282, 4300 and 4330. Support is at 4216, 4203, 4173 and 4149
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