Monday, August 17, 2009
HINDALCO (108.35)
Support at 106, below it may find support at 104 and 102. Resistance at 108.65 and 110. (Sell at higher)
BPCL (522.45)
Support at 518 and 512 (Buy at declines) Resistance at 526, above it may test 531 and 538
STERLITE (665)
Support at 660, below it may test 652 and thereafter a free fall. Resistance at 671 and 678. (Sell at higher)
ICICI BANK (744.85)
Support at 739, below it may test 732 and 728. (Resistance at 752 and 768. (Sell at higher)
HDFC (2316)
Support at 2295, below it may test 2265 and 2250. Resistance at 2335 and 2348. (Sell at higher)
NIFTY(4580)
Nifty has resistance at 4602 and 4645. Above, further upside is expected. Support is at 4560, 4543, 4532 and 4500. Below, free fall is expected.
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