SELL HINDALCO FUTURES AT 164
Wednesday, January 27, 2010
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.
Monday, January 25, 2010
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.
Friday, January 22, 2010
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.
INDIABULLS REAL ESTATE
Support at 198, below it can test 195 and 189. Resistance at 207 and 210. (Sell at higher)
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