Nifty !!!

Nifty (4252.05)

Resistance:
4277-4282 (zone) – 4327 – 4362 (Critical) - 4460

Support:
4246 – 4215 – 4176 – 4140 (Critical)

Least 2 close required above 4282
to go higher… Above that we can see 4327 – 4362 (previous high)… This time
again 4362 will be a tough nut to crack… It we successful we can inch higher in
that case 4460 can be expected….

M&M !!!

M&M (731.45)

Resistance: 748 – 763 – 780

Support: 709-711 – 684

Tata Motors

Tata Motors (684.30)

Resistance: 690 – 706 – 723 – 737-740

Support: 669 - 661 – 642

Infosys Tech !!!

Infosys Tech (1950.80)

Support: 1925-1908

Rupee rising is a cause of concern.

Indian Hotels !!!

Indian Hotel (148.20)

Best buy for investment @ 138 levels

ICICI Bank !!

ICICI Bank (954.55)

Support: 914 – 900

Dr-Reddy’s !!!

Dr-Reddy’s (651.40)

Support: 645 – 625-628 – 613

Resistance: 653 – 666

Best buy for investment @ 620 levels

Can see some action above 653-654

BEML !!!

BEML (1192.05)

Resistance @ 1225

The stock had a run up coz of the forthcoming FPO

Bajaj Auto

Bajaj Auto (2177.55)

Best positional buy @ 2070-2090 levels

IDBI !!!

IDBI (107.50)

Resistance zone 108-110

Support: 104 – 101 – 96

Worth taking a risk at 96 levels…

Needs at least two closes above 110 for further up move

Rumors of a big time player into the stock… Tgt given is around 112-115.. above that it will be people who will take the stock higher…

Technically strong resistance zone of 108-110 which the stock is unable to break since quite some time now… Once taken expect most of the analyst / brokering house giving calls on the same

Reliance !!!

Reliance (1705.10)

Support: 1685 – 1665 – 1650-1647

RCom !!!

RCom (513.25)

Support: 504-505 – 494 – 485 – 480 – 463

Resistance: 519 – 524 – 530 – 559

Best positional Buy @ 481-482 levels

Recommendation: Buy on dips for investment

TCS !!!

TCS (1139.95)

Support: 1130 – 1093 – 1053

Best buy @ 1053 levels
Close below 1130 will show further weakness

Wipro !!!

Wipro (517.30)

Support: 513 – 504 – 497

Positional buy can be considered at around 499 levels…