IDEA

Resistance at 52.1 above it may test 53.5 (Sell at higher). Support at 50.5 below 49, 47 or even 45 in the short term.

TISCO

Resistance at 475 above it can test 481 and 486. Support at 462 and 455 levels,

ICICI BANK

Resistance at 835 and 842 above 850. Support at 820 and 815 levels (Buy at declines).

LLOYD ELECTRICAL

Resistance at 48 above it can test 48.75, 49 and 51. Support at 46.5, 46 and 45. (Buy at declines)

GABRIEL INDIA

Support at 23.1 and 22.2 (Buy at declines). Resistance at 25.5 above it can test 29 and 30.

NIFTY

Nifty has resistance at 4725, 4747 and 4765. Support is at 4699, 4691, 4657 below 4635 and 4604 levels.

DERIVATIVE

BUY PNB FUTURES WITH A STOPLOSS AT AROUND 828

BUY M&M AT AROUND 888.

ABG SHIPYARD

Resistance at 187 above it may test 191, 193 and 196. Support at 180 and 176 (Buy at declines).

HDFC BANK

Resistance at 1618 and 1635 above uptrend. Support at 1592 and 1578 levels (Buy at declines).

BANK OF INDIA

Resistance at 348, above it can test 355, 361. Support at 337 and 333 (Buy at declines).

ABB

Support at 725 and 718 below it may test 705. (Sell at higher) Resistance at 745 above it may test 750 levels.

RELIANCE INDUSTRIES

Last major support at 1805 (200 DMA) if trades below then it can test 1799, 1790 and thereafter further selloff. Resistance at 1835 above it may test 1848 and 1875.

NIFTY

Nifty has resistance at 4584, 4600, 4615 above it can test 4635. Support is at 4539, 4500 levels below freefall

DERIVATIVE

SELL RCOM @ 183

SELL HUL @ 286.

ICICI BANK

Resistance at 795 above it may test 805. Support at 780 and 775 below it may test 763. (Buy at declines)

TISCO

Resistance at 478 above it can test 483 and 486. Support at 468 and 461 levels.

HUL

Support at 281 below 276 and 271. (Sell at higher). Resistance at 286, if moves above this level then it may test 288 levels.

RELIANCE COMMUNICATION

Support at 175 and 171 below it may test 168 and 163. (Sell at higher) Resistance at 178 above it may test 181 and 185 levels.

L&T

Support at 1555 and 1538. (Buy at declines). Resistance at 1575 above it may test 1598 and 1615.

NIFTY

Nifty has resistance at 4733, 4750, 4790 above it can test 4815. Support is at 4688, 4669, 4650 4614 levels.