Buy------------775-785
Target---------800------5-7days
Stoploss--------774
ICICI
Thursday, August 6, 2009
BHEL
Support at 2282 and 2271. (Buy at declines) Resistance at 2338, above it can test 2351 and 2368.
GRASIM
Support at 2820 and 2805. Resistance at 2845, if moves up with volumes, it may test 2868, 2879 and 2900.
RELIANCE
Slightly overbought. Resistance at 2085 and 2100. Support at 2065, if moves below, further selling is expected
NIFTY
Nifty has resistance at 4705, 4715 and 4745. If moves above, further upside is expected. Support is at 4645, 4630, 4615 and 4600.
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