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Nifty 50 Reports for the Week (07th Mar -11th Mar - 2011)

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  • 8/7/2019 Nifty 50 Reports for the Week (07th Mar -11th Mar - 2011)

    1/52www.capitalvia.com

    G L O B A L R E S E A R C H L T D .

    WEEKLYWEEKLY

    STOCKS REPORTS07t h Mar - 11th Mar 2011

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    Technical Picture

    Figure: 1 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    ACCWEEK AHEAD

    Weekly Pivots ACC

    The stock is moving in a sideways trend currently. It has resistance at 1030; crossing of thislevel may take the stock further upwards till the levels of 1045-1050 in coming tradingsessions else it may also bounce from resistance level. One has to wait for crossing of level.

    RESISTANCE 1030

    SUPPORT 960

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 2

    WEEKLY

    07th Mar to 11th Mar 2011

    ACC 1007.42 997.33 989.82 979.73 972.22

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    Technical Picture

    Figure: 2 : Nifty50 Graph

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    R E S E A R C H

    3

    TECHNICAL OVERVIEW

    AMBUJA CEMENTWEEK AHEAD

    Weekly Pivots

    AMBHUJA CEMENT

    The stock after falling had consolidation this week. It has tried to recover and is nowconsolidating with positive biasness. It now faces resistance at 126, crossing of this level maytake the stock upwards while it has support at 116, breach of which may bring the stockdownward. One has to wait for crossing of levels on either side.

    RESISTANCE 126

    SUPPORT 116

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    AMBUJACEM 126.37 124.78 123.32 121.73 120.27

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    Technical Picture

    Figure: 3 : Nifty50 Graph

    www.capitalvia.com

    R E S E A R C H

    4

    TECHNICAL OVERVIEW

    AXISWEEK AHEAD

    Weekly Pivots

    AXIS

    The stock is currently moving with positive biasness after taking support at lower levels. Itfaces resistance at 1351; crossing of this level may bring some more up movement in thestock. One could go for buying on dip strategy in the stock until it breaches level of 1207 indownside.

    RESISTANCE 1351

    SUPPORT 1207

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    AXISBANK 1355.33 1341.82 1327.48 1313.97 1299.63

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    Technical Picture

    Figure: 4 : Nifty50 Graph

    www.capitalvia.com

    R E S E A R C H

    5

    TECHNICAL OVERVIEW

    BAJAJ AUTOWEEK AHEAD

    Weekly Pivots

    BAJAJ AUTO

    The stock had a steep pull back from its support levels and moved in an up rally this week. Itfaces resistance at 1392; one could go for buying on dip strategy until it crosses the level of1230 in downside as it is expected to continue its bullish trend.

    RESISTANCE 1330

    SUPPORT 1230

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    BAJAJ-AUTO 1399.37 1388.13 1377.77 1366.53 1356.17

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    Technical Picture

    Figure: 5 : Nifty50 Graph

    www.capitalvia.com

    R E S E A R C H

    6

    TECHNICAL OVERVIEW

    BHELWEEK AHEAD

    Weekly Pivots

    BHEL

    The stock is has successfully taken support at lower levels and moved in an uptrend. Onemay hold the long positions in the stock as it is expected to continue its bullish trend and maymove till the levels of 2150-2155 in near term.

    RESISTANCE 2155

    SUPPORT 2058

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    BHEL 2183 2134.2 2101.15 2052.35 2019.3

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    Technical Picture

    Figure: 6 : Nifty50 Graph

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    R E S E A R C H

    7

    TECHNICAL OVERVIEW

    BPCLWEEK AHEAD

    Weekly Pivots

    BPCL

    The stock has successfully taken support at lower levels and moved in an up rally. It faces nextresistance at 592, and crossing of this level may continue its bullish trend. One could hold thelong positions in the stock.

    RESISTANCE 592

    SUPPORT 524

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    BPCL 600.87 590.43 578.82 568.38 556.77

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    Technical Picture

    Figure: 7 : Nifty50 Graph

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    R E S E A R C H

    8

    TECHNICAL OVERVIEW

    BHARTI AIRTELWEEK AHEAD

    Weekly Pivots

    BHARTI AIRTEL

    The stock is currently facing consolidation phase. It has major resistance at 344.50; crossingof this level may take the stock further up while it has major support at 323, breach of thismay take the stock southward.

    RESISTANCE 344.50

    SUPPORT 323

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    BHARTIARTL 337.68 332.32 328.23 322.87 318.78

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    Technical Picture

    Figure: 8 : Nifty50 Graph

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    R E S E A R C H

    9

    TECHNICAL OVERVIEW

    CIPLAWEEK AHEAD

    Weekly Pivots

    CIPLA

    The stock is currently facing a tight range bound movement. It has support at 295, breach ofthis level may take the stock downward while it has resistance at 310, crossing of this levelmay take the stock upward. One has to wait for crossing of levels on either side.

    RESISTANCE 310

    SUPPORT 295

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    CIPLA 313.65 308.9 306.05 301.3 298.45

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    Technical Picture

    Figure: 9 : Nifty50 Graph

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    R E S E A R C H

    10

    TECHNICAL OVERVIEW

    CAIRNWEEK AHEAD

    Weekly Pivots

    CAIRN

    The stock had an up rally this week, as mentioned one could hold the long positions in thestock until it crosses the level of 335 in downside as it is expected to continue its bullishtrend.

    RESISTANCE 359

    SUPPORT 335.50

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    CAIRN 358.15 354.65 350 346.5 341.85

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    Technical Picture

    Figure: 10 : Nifty50 Graph

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    R E S E A R C H

    11

    TECHNICAL OVERVIEW

    DLFWEEK AHEAD

    Weekly Pivots DLF

    The stock tried to take support at lower levels and moved in an uptrend. It has next resistanceat 233; crossing of this level may take the stock further up. RESISTANCE 233

    SUPPORT 220

    STOCK R2 R1 PP S1 S2

    WEEKLY

    07th Mar to 11th Mar 2011

    DLF 229.47 225.98 223.52 220.03 217.57

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    Technical Picture

    Figure: 11 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    DR REDDYWEEK AHEAD

    Weekly Pivots

    DR REDDY

    Dr.Reddy Lab. has close with the gain on WoW basis. The stock has witnessed some profitbooking at the level of 1600 and shown some correction. The stock has immediateresistance level of 1600 above which it may continue to trade in uptrend, below the supportlevel of 1560 it may show some more profit booking in the coming trading sessions.

    RESISTANCE 1600

    SUPPORT 1560

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    DRREDDY 1615.3 1593.6 1579.3 1557.6 1543.3

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    Technical Picture

    Figure: 12 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    GAIL INDIAWEEK AHEAD

    Weekly Pivots

    DR REDDY

    GAIL India has closed with the steady gains and looking bullish too. So above the level of 465it may show some more upside in the coming trading sessions. RESISTANCE 465

    SUPPORT 445

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    GAIL 466.33 460.82 454.48 448.97 442.63

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    Technical Picture

    Figure: 13 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    HCLWEEK AHEAD

    Weekly Pivots HCL

    HCL has closed with the moderate gains on WoW basis and it is now trading with thepositive bias. So above the level of 475 it may continue to trade in uptrend in the comingtime.

    RESISTANCE 475

    SUPPORT 450

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    WEEK AHEAD

    07th Mar to 11th Mar 2011

    HCLTECH 471.98 467.42 464.23 459.67 456.48

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    Technical Picture

    Figure: 14 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    HDFC BANKWEEK AHEAD

    Weekly Pivots

    HDFC BANK

    HDFC Bank has closed with the strong gains on WoW basis. The stock is trading in uptrendand closed near the week's high. So above the level of 2245 it may further continue theuptrend in the coming trading sessions.

    RESISTANCE 2245

    SUPPORT 2130

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    WEEK AHEAD

    07th Mar to 11th Mar 2011

    HDFCBANK 2245.62 2231.93 2219.22 2205.53 2192.82

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    Technical Picture

    Figure: 15 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    HOUSING DEVELOPMENT FINANCEWEEK AHEAD

    Weekly Pivots

    HOUSING DEVELOPMENT FINANCE

    Housing Development Finance is trading in uptrend and has H&S pattern breakout. Soabove the level of 689 some more upside may be there. RESISTANCE 689

    SUPPORT 665

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 16

    WEEKLY

    07th Mar to 11th Mar 2011

    HDFC 693.17 687.33 681.17 675.33 669.17

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    Technical Picture

    Figure: 16 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    HERO HONDAWEEK AHEAD

    Weekly Pivots

    HERO HONDA

    Hero Honda is trading in trading in uptrend and closed above the resistance level of 1530.The stock is looking strong on the charts and above the level of 1555 it may continues totrade in uptrend in the coming time.

    RESISTANCE 1555

    SUPPORT 1480

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    HEROHONDA 1580.07 1558.43 1532.82 1511.18 1485.57

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    Technical Picture

    Figure: 17 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    HINDALCOWEEK AHEAD

    Weekly Pivots

    HINDALCO

    Hindalco has bearish trend. The stock is trading with the negative bias and holdingimmediate support level of 205 and if this level is breached then downtrend may continue inthe coming time.

    RESISTANCE 214

    SUPPORT 205

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    HINDALCO 216.22 213.13 210.32 207.23 204.42

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    Technical Picture

    Figure: 18 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    HULWEEK AHEAD

    Weekly Pivots HUL

    HUL has witnessed profit booking at the higher level and shown some correction from there.The stock has immediate resistance level of 292 above which it may continue to trade inuptrend, below the support level of 285 it may show some more profit booking in thecoming trading sessions.

    RESISTANCE 292

    SUPPORT 285

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    HINDUNILVR 294.5 291.2 288.6 285.3 282.7

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    Technical Picture

    Figure: 19 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    ICICI BANKWEEK AHEAD

    Weekly Pivots

    ICICI BANK

    ICICI Bank has witnessed profit booking at the higher level and shown some correction fromthere. The stock has immediate resistance level of 1050 above which it may continue totrade in uptrend, below the support level of 995 it may show some more profit booking inthe coming trading sessions.

    RESISTANCE 1005

    SUPPORT 995

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    WEEKLY

    07th Mar to 11th Mar 2011

    ICICIBANK 1059.78 1038.07 1024.73 1003.02 989.68

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    Technical Picture

    Figure: 20 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    IDFCWEEK AHEAD

    Weekly Pivots

    IDFC

    IDFC is facing selling pressure at the higher level and looking weak in the coming tradingsession. So below the level of 146 some more downside may be there. RESISTANCE 155

    SUPPORT 146

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    IDFC 151.55 149.75 148.2 146.4 144.85

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    Technical Picture

    Figure: 21 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    INFOSYS TECHNOLOGIESWEEK AHEAD

    Weekly Pivots

    INFOSYS TECHNOLOGIES

    Infosys from the last few trading session was moving sideways and in today's trading sessionit manages to trade and close below the 10 days and 50 days moving averages and it was upby 1.19 %. It is now taking support at 3000 and resistance at 3090 form this level either sideof movement would be expected. One can go for long position in it at 3090 above this level itwould be in an upward trend.

    RESISTANCE 3090

    SUPPORT 3000

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 22

    WEEKLY

    07th Mar to 11th Mar 2011

    INFOSYSTCH 3108.73 3085.47 3066.73 3043.47 3024.73

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    Technical Picture

    Figure: 22 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    ITCWEEK AHEAD

    Weekly Pivots ITC

    ITC has found support at 170 and resistance 176.In today's trading session it manages totrade and close above the 10 days and 50 days moving averages, it made a smart recoveryfrom the major support level of 149 and made a high of 176 from this level further upsidemovement would be expected. It has resistance at 176 above this level it would be in anupward trend.

    RESISTANCE 176

    SUPPORT 170

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 23

    WEEKLY

    07th Mar to 11th Mar 2011

    ITC 175.87 174.13 173.07 171.33 170.27

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    Technical Picture

    Figure: 23 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    JAIPRAKASH ASSOCIATESWEEK AHEAD

    Weekly Pivots

    JAIPRAKASH ASSOCIATES

    In today's trading session it was down by 2.21 %, from this level further upside movementwould be expected. It is looking bullish in the coming trading session if it manages to tradeabove the resistance level of 92 else below 81 it would be in a bearish trend

    RESISTANCE 92

    SUPPORT 81

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 24

    WEEKLY

    07th Mar to 11th Mar 2011

    JPASSOCIAT 89.68 86.87 85.18 82.37 80.68

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    Technical Picture

    Figure: 24 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    JINDAL STEEL & POWERWEEK AHEAD

    Weekly Pivots

    JINDAL STEEL & POWER

    Jindal Steel & Power found support level of 660 which served as a strong support level. Intoday's trading session it has manages to trade and closed above the 10 days and 50 daysmoving averages. It has resistance at 690 above this level it would be in a bullish trend elsebelow 660 it would be bearish in trend.

    RESISTANCE 690

    SUPPORT 660

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    JINDALSTEL 691.65 685 678.25 671.6 664.85

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    Technical Picture

    Figure: 25 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    LARSEN AND TOUBROWEEK AHEAD

    Weekly Pivots

    LARSEN AND TOUBRO

    L&T from the last few trading session was moving in an upward trend in today's tradingsession it was down by 3.24 %. It is taking support at 1584 and resistance at 1683. It islooking strong on charts from this level further upside movement would be expected. Onecan go for long position in it at 1683 above this level it might be in an upward trend

    RESISTANCE 1683

    SUPPORT 1584

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 26

    WEEKLY

    07th Mar to 11th Mar 2011

    LT 1709.6 1660.2 1633.1 1583.7 1556.6

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    Technical Picture

    Figure: 26 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    KOTAK MAHINDRA BANKWEEK AHEAD

    Weekly Pivots

    KOTAK MAHINDRA BANK

    Kotak Mahindra Bank from the last few trading session moving in a particular price range of390-420, from this level either side of movement would be expected. In coming tradingsession it manages to trade and sustain above the major resistance level 436 it would be inan upward trend, a recovery from the support level of 330 made to trade above the 10 daysand 50 days moving averages.

    RESISTANCE 436

    SUPPORT 405

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    KOTAKBANK 432.67 425.93 420.52 413.78 408.37

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    Technical Picture

    Figure: 27 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    MAHINDRA & MAHINDRAWEEK AHEAD

    Weekly Pivots

    MAHINDRA & MAHINDRA

    M&M in today's trading session broke the resistance of 680 and made a high of 692. In orderto be in an upward trend it has to trade and consolidate above the 10 days and 50 daysmoving averages. It is looking bullish in the coming trading session if it manages to tradeabove the resistance level of 692 else below 650 it would be in a downward trend.

    RESISTANCE 692

    SUPPORT 650

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    M&M 699.92 688.03 680.12 668.23 660.32

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    Technical Picture

    Figure: 28 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    MARUTI SUZUKI INDIAWEEK AHEAD

    Weekly Pivots

    MARUTI SUZUKI INDIA

    Maruti in today's trading session manages to trade and closed above the 10 days and 50days moving averages. It has resistance at 1350 and support at 1270. One can go for longposition in it at 1350 above this level it might test the next resistance level of 1368.

    RESISTANCE 1350

    SUPPORT 1270

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    MARUTI 1362.88 1337.47 1316.18 1290.77 1269.48

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    Technical Picture

    Figure: 29 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    NTPCWEEK AHEAD

    Weekly Pivots

    NTPC

    After making a low of 168.30 it is continuously moving in an upward trend, it is now tradingat 179.15. In order to be in an upward trend it has to trade and consolidate the resistancelevel of 184 else below 175 it would might be in a bearish trend.

    RESISTANCE 184

    SUPPORT 175

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    NTPC 182.65 180.9 179.55 177.8 176.45

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    Technical Picture

    Figure: 30 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    ONGCWEEK AHEAD

    Weekly Pivots

    ONGC

    ONGC made smart recovery from the support level of 269 and made a high of 275.60 it isnow moving sideways, from this level either side of movement would be expected. Intoday's trading session it manages to trade below the 10 days and 50 days moving averages.One can go for short position in it at 263 for the target of 250.

    RESISTANCE 276

    SUPPORT 263

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    ONGC 273.08 270.97 268.98 266.87 264.88

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    Technical Picture

    Figure: 31 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    POWER GRID CORPORATION OF INDIAWEEK AHEAD

    Weekly Pivots

    POWER GRID CORPORATION OF INDIA

    In today's trading session it was moving sideways and manages to trade above the 10 daysand 50 days moving averages. It is now taking resistance at 101 and support at 97, from thislevel either side of movement would be expected. One can go for long position in it at 101above this level it would be bullish in trend.

    RESISTANCE 101

    SUPPORT 97

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    POWERGRID 100.5 99.75 99.2 98.45 97.9

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    Technical Picture

    Figure: 33 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    RANBAXYWEEK AHEAD

    Weekly Pivots

    RANBAXY

    Ranbaxy battered down to 428.75 after that it made a smart recovery and made a high of464.60. It is looking strong on charts from this level further upside movement would beexpected, above 465 it would be in an upward trend.

    RESISTANCE 465

    SUPPORT 445

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    RANBAXY 470.2 461.2 455.6 446.6 441

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    Technical Picture

    Figure: 34 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    RELIANCE CAPITALWEEK AHEAD

    Weekly Pivots

    RELIANCE CAPITAL

    Reliance capital from the last few trading session was moving sideways in last trading sessionit found resistance of 493, from this level further upside of movement would be expected. Itis now taking support at 472 and resistance at 493. One can go for long position in it at 493above this level it would be in an upward trend.

    RESISTANCE 493

    SUPPORT 472

    STOCK R2 R1 PP S1 S2

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    WEEKLY

    07th Mar to 11th Mar 2011

    RELCAPITAL 498.37 491.23 485.77 478.63 473.17

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    Technical Picture

    Figure: 35 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    RELIANCE COMMUNICATIONWEEK AHEAD

    Weekly Pivots

    RELIANCE COMMUNICATION

    After making a high of 207.80 it is continuously moving in a downward trend, from the lastfew trading session it manages to trade below the 10 days and 50 days moving averages. Intoday's trading session it was down by 0.11 %. It has resistance at 99 above this level itwould be in an upward trend else below support level of 84 it would be bearish in trend.

    RESISTANCE 99

    SUPPORT 84

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 36

    WEEKLY

    07th Mar to 11th Mar 2011

    RCOM 96.88 95.07 93.88 92.07 90.88

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    Technical Picture

    Figure: 36 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    RELIANCE INDUSTRIESWEEK AHEAD

    Weekly Pivots

    RELIANCE INDUSTRIES

    It is taking resistance at 1010 and support at 954. It is looking bullish in the coming tradingsession, one can go for long position in at 1010 else below 954 it would be in a downwardtrend.

    RESISTANCE 1010

    SUPPORT 954

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 37

    WEEKLY

    07th Mar to 11th Mar 2011

    RELIANCE 1001.73 991.97 985.03 975.27 968.33

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    Technical Picture

    Figure: 37 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    RELIANCE INFRAUSTRUCTUREWEEK AHEAD

    Weekly Pivots

    RELIANCE INFRAUSTRUCTURE

    It is now taking support at 595 and resistance at 626.It is looking weak on chart in today'strading session it was up by 1.33 % from this level further downside of movement would beexpected. Once can go for short position in it at 595 below this level it might be in a bearishtrend.

    RESISTANCE 626

    SUPPORT 595

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 38

    WEEKLY

    07th Mar to 11th Mar 2011

    RELINFRA 628.12 617.43 608.22 597.53 588.32

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    Technical Picture

    Figure: 39 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    SIEMENSWEEK AHEAD

    Weekly Pivots

    SIEMENS

    The stock is consolidating at higher levels currently. One has to wait for crossing of levels oneither side before taking any positions in it. RESISTANCE 863

    SUPPORT 828

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 40

    WEEKLY

    07th Mar to 11th Mar 2011

    SIEMENS 863.32 858.78 854.47 849.93 845.62

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    Technical Picture

    Figure: 40 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    STERLITEWEEK AHEAD

    Weekly Pivots

    STERLITE

    The stock had an either side movement this week. One should wait for crossing of levels oneither side before taking any positions in it. RESISTANCE 175

    SUPPORT 164.50

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 41

    WEEKLY

    07th Mar to 11th Mar 2011

    STER 174.42 170.38 167.77 163.73 161.12

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    Technical Picture

    Figure: 41 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    STATE BANK OF INDIAWEEK AHEAD

    Weekly Pivots

    STATE BANK OF INDIA

    The stock has tried to recover from lower support levels after a sharp fall in previous weeks.One should wait for sometime before taking any positions in the stock as a short termconsolidation is expected in the stock.

    RESISTANCE 2730

    SUPPORT 2645

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 42

    WEEKLY

    07th Mar to 11th Mar 2011

    SBIN 2743.52 2724.08 2708.57 2689.13 2673.62

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    Technical Picture

    Figure: 42 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    SAILWEEK AHEAD

    Weekly Pivots

    SAIL

    The stock moved with negative biasness this week. It has major support at the level of 150,breach of this level may bring some more downfall in the stock else it may also bounce backfrom lower support levels while it has resistance at 162.50, crossing of this level may bringsome upward movement.

    RESISTANCE 162.50

    SUPPORT 150

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 43

    WEEKLY

    07th Mar to 11th Mar 2011

    SAIL 161.43 158.22 156.28 153.07 151.13

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    Technical Picture

    Figure: 43 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    SUN PHARMACEUTICALWEEK AHEAD

    Weekly Pivots

    SUN PHARMACEUTICAL

    Sun Pharma has witnessed some profit booking at the higher level. The stock is trading inuptrend and if continue to sustain above the level of 425 then uptrend may furthercontinues in the coming time.

    RESISTANCE 445

    SUPPORT 425

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 44

    WEEKLY

    07th Mar to 11th Mar 2011

    SUNPHARMA 451.05 441.7 435.9 426.55 420.75

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    Technical Picture

    Figure: 44 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    SUZLONWEEK AHEAD

    Weekly Pivots

    SUZLON

    Suzlon is facing selling pressure at the higher level and looking weak in the coming tradingsession. So below the level of 47 some more downside may be there. RESISTANCE 50

    SUPPORT 47

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 45

    WEEKLY

    07th Mar to 11th Mar 2011

    SUZLON 49.72 48.63 47.92 46.83 46.12

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    Technical Picture

    Figure: 45 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    TCSWEEK AHEAD

    Weekly Pivots TCS

    TCS has facing selling pressure at the higher level and shown some correction from there.The stock has immediate support level of 1130 below which it may show some morecorrection in the coming time.

    RESISTANCE 1165

    SUPPORT 1130

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 46

    WEEKLY

    07th Mar to 11th Mar 2011

    TCS 1174.65 1155.1 1143.8 1124.25 1112.95

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    Technical Picture

    Figure: 46 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    TATA MOTORWEEK AHEAD

    Weekly Pivots

    TATA MOTOR

    Tata motors is trading in uptrend and has crucial resistance level of 1210. The stock ifmanaged to breach this level and sustains above it then it may continue to trade in uptrendin the coming trading sessions.

    RESISTANCE 1210

    SUPPORT 1145

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 47

    WEEKLY

    07th Mar to 11th Mar 2011

    TATAMOTORS 1207.32 1191.53 1178.72 1162.93 1150.12

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    Technical Picture

    Figure: 47 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    TATA STEELWEEK AHEAD

    Weekly Pivots

    TATA STEEL

    Tata steel has quite trading session and close flat with the negative bias. The stock has crucialsupport level of 610 and if this level is breached then some more downside may be there inthe coming time.

    RESISTANCE 635

    SUPPORT 610

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 48

    WEEKLY

    07th Mar to 11th Mar 2011

    TATASTEEL 639.47 628.83 622.52 611.88 605.57

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    Technical Picture

    Figure: 48 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    TATA POWERWEEK AHEAD

    Weekly Pivots

    TATA

    POWER

    Tata power has closed with the strong gain at the last trading sessions. The stock is lookingstrong on the charts and above the level of 1235 it may continue to trade in uptrend in thecoming trading sessions.

    RESISTANCE 1235

    SUPPORT 1185

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 49

    WEEKLY

    07th Mar to 11th Mar 2011

    TATAPOWER 1260.2 1242.15 1214.2 1196.15 1168.2

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    Technical Picture

    Figure: 49 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    SESA GOAWEEK AHEAD

    Weekly Pivots

    SESA GOA

    The stock tried to recover from lower support levels this week, as expected after a steepdownfall. One should wait for sometime before taking any position in the stock. RESISTANCE 286

    SUPPORT 266.50

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 50

    WEEKLY

    07th Mar to 11th Mar 2011

    SESAGOA 286.92 281.48 275.82 270.38 264.72

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    Technical Picture

    Figure: 50 : Nifty50 Graph

    R E S E A R C H

    TECHNICAL OVERVIEW

    WIPROWEEK AHEAD

    Weekly Pivots

    WIPRO

    Wipro has witnessed some profit booking at the higher level. The stock is trading in uptrendand if continue to sustain above the level of 430 then uptrend may further continues in thecoming time.

    RESISTANCE 455

    SUPPORT 430

    STOCK R2 R1 PP S1 S2

    www.capitalvia.com 51

    WEEKLY

    07th Mar to 11th Mar 2011

    WIPRO 457 449.2 444.6 436.8 432.2

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    R E S E A R C H

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    WEEKLY

    07th Mar to 11th Mar 2011


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