GAIL

Support at 398 and 392. Resistance at 405, above it may test 409 and 414.

NIFTY

Nifty has resistance at 5118, 5125, 5146 and 5158. Support at 5064, 5030 and 5025.

DERIVATIVE

BUY M&M FUTURES AT 1033

BUY RANBAXY FUTURES AT 417

M&M

Resistance at 1049, if moves up with volume, it may test 1056 and more. Support at 1032 and 1028.

RANBAXY

Support at 417 and 412. (Buy at declines) Resistance at 426, above it can test 429 and more.

SYNDICATE BANK

Support at 93 and 91.50. (Buy at declines) Resistance at 95.50, above it may test 98 and 99.

MCNALLY BHARAT

Resistance at 218.50, above it can test 224, 230 and more. Support at 213 and 205.

PATNI COMPUTERS

Support at 461 and 454. Resistance at 469, above it can test 474 and 480. (Buy at declines)

NIFTY

Nifty has resistance at 5117, 5134 and 5161. Support at 5086, 5066 and 5032.

DERIVATIVE

BUY SBI FUTURES AT 2301

CANARA BANK

Resistance at 374, above it can test 380 and 383. Support at 365 and 362. (Buy at declines)

PENINSULAR LAND

Resistance at 81, above it may test 83 and more. Support at 78 and 75.50.

SBI

Support at 2315 and 2301. Resistance at 2345, above it can test 2358 and more. (Buy at declines)

ESSAR OIL

Resistance at 137, above it may test 139 and 145 or even more. (Buy at declines) Support at 133 and 131.

HINDALCO

Support at 132 and 129. (Buy at declines) Resistance at 136, above it may test 139 and 143.

NIFTY

Nifty has resistance at 5066, 5082 and 5094. Support at 5028, 5015, 5000 and 4993.

DERIVATIVE

BUY TATA POWER FUTURES AT 1301

BUY LANCO INFRA FUTURES AT 542

TATA POWER

Resistance4 at 1325, above it can test 1345 and 1378 or even 1405. Support at 1301 and 1290.

NDTV

Support at 129 and 125. (Buy at declines) Resistance at 136, above it can test 139 and 143.

TRIVENI ENGINEERING

Support at 99 and 96. (Buy only at declines) Resistance at 103, 105 and thereafter all round buying.