DERIVATIVE STRATEGIES

SELL EDUCOMP FUTURES

BUY BHARTI FUTURES

ALLAHABAD BANK

Support at 131 and 129. (Buy at declines) Resistance at 136 and 138, above buying interest can emerge.

HAVELLS INDIA

Resistance at 561, if moves up it can test 565, 571 and more. Support at 552 and 546. (Buy at declines)

LANCO INFRA

Resistance at 47.50, above it can test 49 and 53. (Buy at declines) Support at 46 and 44.50.

SAIL

Support at 212 and 209. (If remains firm above these levels, buy with a stop loss) Resistance at 217above it can test 219 and 224.

BHARTI

Support at 318 and 313. (Buy at declines) Resistance at 324, above it can test 327, 330 and more.

NIFTY

Nifty has resistance at 4873, 4903 and 4910. If breaks, it can test 4927. Support at 4834 and 4800. Below, free fall is likely.

DERIVATIVE

SELL HINDALCO FUTURES AT 164

SELL ICICI BANK FUTURES AT 842

M&M

Support at 1065, if moves down, it may test 1058 and 1045. Resistance at 1083 and 1099. (Sell at higher)

GRASIM

Resistance at 2635 and 2650, above further uptrend is likely. Support at 2615 and 2588. (Buy at declines)

SBI

Resistance at 2075, if moves down, it may come to 2066, 2056 and 2040. Resistance at 2105 and 2115.

ICICI BANK

Support at 825, if moves down, it can test 819, 815 and more. Resistance at 837 and 841. (Sell at higher)

TRF

Support at 653 and 647. (Buy for delivery) Resistance at 666, above it can test 674, 685 and more.

NIFTY

Nifty has resistance at 5029, 5034 and 5059. Support at 4987, 4950, 4933 and 4900.

DERIVATIVE

SELL PUNJLLOYD FUTURES

BUY MARUTI FUTURES AT 1418

HDFC BANK

Resistance at 1685 and 1693. (Sell at higher) Support at 1672, below it can test 1653 and 1643. (Sell at higher)

PUNJLLOYD

Support at 184, below it may test 180 and 175. Resistance at 189 and 193. (Sell at higher)

MARUTI

Support at 1425 and 1418. (Buy at declines) Resistance at 1451, above it can test 1465 and more. (Buy at lower levels)

SBI

Support at 2075, if trades below it may test 2068, 2062 and a free fall. Resistance at 2095 and 2115. (Sell at higher)

WIPRO

Support at 695, if moves down it may test 691 and 683. Resistance at 708 and 712. (Sell at higher)

NIFTY

Nifty has resistance at 5058 and 5078. Support at 5011 and 5000. Below support at 4991, 4983 and if breaks it can test 4950 and 4940.

DERIVATIVE

SELL ICICI BANK FUTURES AT 860

SELL TATA MOTORS FUTURES AT 791

UNITED SPIRITS

Support at 1201 and 1185. (Buy at lower levels in small quantity) Resistance at 1238 and 1245. Above, it can test 1266.

NDTV

Resistance at 147 and 151. (Sell at higher) Support at 142.50 and 139. Below, it may test 135 and 131.

STERLITE

Support at 818, below it may test 810 and 802. Resistance at 828 and 835.

GSFC

Resistance at 225 and 229. (Sell at higher) Support at 215, below it may test 209 and 201.

INDIABULLS REAL ESTATE

Support at 198, below it can test 195 and 189. Resistance at 207 and 210. (Sell at higher)

NIFTY

Nifty has resistance at 5120, 5135 and 5155. Support at 5059 and 5048. Below, free fall can be expected and support is at 5025, 5000 and 4975.

DERIVATIVE

BUY DLF FUTURES AT 382

BUY BANK INDIA FUTURES AT 388

GRASIM

Support at 2738 and 2725. Resistance at 2763, above it can test 2775 and more.

HINDUSTAN COPPER

Support at 353 and 346. (Buy only at lower levels) Resistance at 363, above it can test 368, 375 or even more.

TATA MOTORS

Support at 782 and 775. Resistance at 792, above if it moves it may test 799 and 809. (Buy only at lower levels)

GAIL

Resistance at 431, above it can test 435 and 439. Support at 426 and 421. (Buy at declines)

DLF

Support at 382 and 376. Resistance at 393, above it can test 399 and 401. (Buy at declines)

NIFTY

Nifty has resistance at 5252, 5275, 5280, 5285 and 5300. Support at 5235, 5229 and 5210.

DERIVATIVE

BUY ONGC FUTURES AT 1205

BUY TISCO FUTURES AT 642

ONGC

Support at 1216 and 1205. Resistance at 1238, above it can test 1260.

TISCO

Resistance at 651, above it can test 655 and 662. Support at 642 and 637. (Buy at declines)

AARTI DRUGS

Resistance at 107, above it can test 110 and 117. Support at 103 and 101. (Buy at declines)

BGR ENERGY

Support at 512 and 498. (Buy at declines) Resistance at 525, above it can test 538 and 545.

KALPATARU POWER

The stock has strong support at 1158 and 1145. (Buy at lower levels) Resistance at 1176, above it may test 1192, 1246 and more.

NIFTY

Nifty has resistance at 5272, 5278, 5295 and 5309. Support at 5259, 5247 and 5240.

DERIVATIVE

BUY POWERGRID FUTURES AT 111

BUY RANBAXY FUTURES AT 522

POWERGRID

Resistance at 114.75. If breaks with volumes, it can test 118 and more. Support at 111 and 108.70. (Buy at declines)

HARRISON MALAYALAM

Resistance at 145, above it can test 148, 151 and more. Support at 140 and 138.50. (Buy with strict stop loss)

DLF

Above 371, the stock looks strong and likely to test 384, 388 and more. Support at 375. (Buy at declines)

WOCVKHARDT

Resistance at 177, above it can test 180, 183 and more. Support at 173 and 169. (Buy at declines)

RANBAXY

Support at 522 and 518. Resistance at 532, if moves up, then it can test 535, 539 and more. (Buy at declines)

NIFTY

Nifty has resistance at 5295 and 5301. If breaks, it has resistance at 5310, 5335 and 5352. Support at 5270, 5258, 5235 and 5228.

DERIVATIVE

BUY SCI FUTURES AT 157

BUY INFOSYS FUTURES AT 2602

CRANE SOFTWARE

The stock is trading very close to its yearly low of 26.25. Use this level as the major support and enter into it. Resistance at 30, if moves up it can test 33, 35 and more. (Use strict stop loss below 25)

OPTO CIRCUIT

Support at 232 and 227.90. Resistance at 240, above if moves one can expect further uptrend and it may test 244 and more. (Buy at declines)

SATYAM

Resistance at 108, if trades continuously, it can test 114.75 and 117. Support at 104.10 and 103. (Buy at only declines)

SCI

Minor resistance at 162, above if moves with volumes, it may test 164 and 168. Support at 157.25 and 155.90. (Buy at declines)

MERCATOR LINES

Support at 61.10 and 59.95. (Buy at declines) Resistance at 62.50, above it can test 63 and 66. (Buy at declines)

NIFTY

Nifty has resistance at 5293, 5301. If breaks, it has resistance at 5315, 5325 and 5335. Support at 5258, 5250, 5235, 5212 and 5200.

DERIVATIVE

BUY ICICI BANK FUTURES AT 872

BUY ALLAHABAD BANK FUTURES AT 126

DR REDDY

Resistance at 1148, above it can test 1158, 1173 and more. Support at 1135 and 1128. (Buy at declines)

NESTLE

Support at 2531 and 2515. Resistance at 2570, if breaks with volumes, it may test 2642. (Buy for medium term)

ICICI BANK

Resistance at 883, if moves up with volumes, it may test 895 and 908. Support at 873 and 866. (Buy at declines)

TISCO

Resistance at 636, above it can test 643 and more. Support at 628 and 623. (Buy at declines)

STERLITE

Support at 870 and 863. (Buy at declines) Resistance at 880, above it can test 888 and 894.

NIFTY

Nifty has resistance at 5245, 5258, 5265 and 5300. Support at 5215, 5201, 5173 and 5153.

DERIVATIVE

BUY GAIL FUTURES AT 409

BUY HERO HONDA FUTURES AT 1692

INFOSYS

Support at 2580 and 2563. (Enter at lower levels) Resistance at 2615, above it can test 2635, 2642 and more.

HINDUSTAN CONSTRUCTIONS

Resistance at 147.50, above it can test 149 and 153. Support at 144 and 141.75. (Buy at declines)

KALE CONSULTANCY

Immediate resistance at 94.50, if moves up, it could test 96 and 99. Support at 91 and 88.95. (Buy at declines)

MONNET ISPAT

Support at 371 and 368. (Buy at lower levels) Resistance at 381, above it can test 388 and 395.

HERO HONDA

Support at 1705 and 1685. (Buy at declines) Resistance at 1735, above it can test 1745.

NIFTY

Nifty has resistance at 5220, 5225 and 5244. Support at 5186, 5171 and 5152.