Nifty 50 Reports for the Week (31st January - 4th February - 2011)

8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)

1/52www.capitalvia.c

om

G LO BA L RESEA RCH LTD .

WEEKLYWEEKLY

STOCKS REPORTS31st Jan - 04t h Feb 201 1


2/52

Technical Picture

Figure: 1 : Nifty50 Graph

WEEKLY

31st Jan t o 04th Feb 2011

www.capitalvia.com

R ES EA R C H

2

TECHNICAL OVERVIEW

ACCWEEKAHEAD

Weekly Pivots

ACC

The stock had an either side movement throughout this week. It now has major support at

968, breach of this level may continue the bearish trend for the stock else it faces resistance

at 1052, crossing of this level may take the stock further upward.

RESISTANCE 1052

SUPPORT 968

STOCK R2 R1 PP S1 S2

ACC 1045.72 1018.93 1001.97 975.18 958.22


3/52

Technical Picture


www.capitalvia.com

R ES EA R C H

3

TECHNICAL OVERVIEW

AMBUJA CEMENTWEEKAHEAD

Weekly Pivots

AMBHUJA

CEMENT

The stock moved in a sideways trend throughout this week. It now faces resistance at 134.50

while support at 123. One has to wait for crossing of levels on either side before taking any

positions in it.

RESISTANCE 134.50

SUPPORT 123


WEEKLY


AMBUJACEM 133.78 130.87 128.98 126.07 124.18


4/52

Technical Picture


www.capitalvia.com

R ES EA R C H

4

TECHNICAL OVERVIEW

AXISWEEKAHEAD

Weekly Pivots

AXIS

The stock moved with negative biasness this week. it has next support at 1230; breach of

this level may continue the bearish trend for the stock while it faces resistance at 1351,

crossing of this level may take up the stock. One has to wait for crossing of levels on either

side.

RESISTANCE 1351

SUPPORT 1255


WEEKLY


AXISBANK 1328.07 1290.78 1267.12 1229.83 1206.17


5/52

Technical Picture


www.capitalvia.com

R ES EA R C H

5

TECHNICAL OVERVIEW

BAJAJ AUTOWEEKAHEAD

Weekly Pivots

BAJAJAUTO

The stock moved with negative biasness this week. The stock has tried to take resistance at

lower is now moving in a down trend. It has resistance at 1352; crossing of this level may

take the stock further up while it has support at 1220, breach of which may take the stock

further down. One has to wait for crossing of levels on either side before taking any position.

RESISTANCE 1352

SUPPORT 1220


WEEKLY


BAJAJ-AUTO 1308.88 1284.77 1264.88 1240.77 1220.88


6/52

Technical Picture


www.capitalvia.com

R ES EA R C H

6

TECHNICAL OVERVIEW

BHELWEEKAHEAD

Weekly Pivots

BHEL

The stock has strong quarterly results this week and so had a push from lower levels earlier

this week. While afterwards it took resistance at higher levels and had a downfall. It has next

support at 2100; breach of this level may take the stock further southward.

RESISTANCE 2320

SUPPORT 2100


WEEKLY


BHEL 2276.35 2214.25 2172.9 2110.8 2069.45


7/52

Technical Picture


www.capitalvia.com

R ES EA R C H

7

TECHNICAL OVERVIEW

BPCLWEEKAHEAD

Weekly Pivots

BPCL

The stock had tried to take support at lower levels and moved in an up rally this week. As

mentioned for this stock, one could hold the long positions in the stock as it is expected to

continue its bullish trend and may move till the levels of 650-660 in coming t rading sessions.

RESISTANCE 650

SUPPORT 590


WEEKLY


BPCL 650.55 641.5 630.85 621.8 611.15


8/52

Technical Picture


www.capitalvia.com

R ES EA R C H

8

TECHNICAL OVERVIEW

BHARTI AIRTELWEEKAHEAD

Weekly Pivots

BHARTIAIRTEL

The stock moved with negative biasness this week. It has next support at the level of 320;

breach of this level may take the stock further downward else it may also bounce back from

lower support levels.

RESISTANCE 341

SUPPORT 320


WEEKLY


BHARTIARTL 337.08 332.17 327.33 322.42 317.58


9/52

Technical Picture


www.capitalvia.com

R ES EA R C H

9

TECHNICAL OVERVIEW

CIPLAWEEKAHEAD

Weekly Pivots

CIPLA

The stock moved with negative biasness this week. It managed to breach its major support

level of 335 and made a low of 324.75, it now has major support at 322, breach of this may

continue the bearish trend for the stock else it may get bounce back from its lower support

levels.

RESISTANCE 350

SUPPORT 322


WEEKLY


CIPLA 349.73 342.42 333.58 326.27 317.43


10/52

Technical Picture


www.capitalvia.com

R ES EA R C H

10

TECHNICAL OVERVIEW

CAIRNWEEKAHEAD

Weekly Pivots

CAIRN

The stock is being consolidating within a range of 348 to 330 from last many trading

sessions. It managed to cross its support level of 330 in today's trading session and made a

low of 323, one could hold the short positions in the stock it is expected to continue its

bearish trend and move till the levels of 319-315 in coming t rading sessions.

RESISTANCE 340

SUPPORT 319


WEEKLY


CAIRN 337.67 332.33 327.67 322.33 317.67


11/52

Technical Picture


www.capitalvia.com

R ES EA R C H

11

TECHNICAL OVERVIEW

DLFWEEKAHEAD

Weekly Pivots

DLF

The stock had a steep downfall and has lost up to 11.62% in this week. It has next support at

210, breach of this level may continue the bearish trend of the stock else it may also bounce

back from lower support levels.

RESISTANCE 256

SUPPORT 210


WEEKLY


DLF 249.3 235.8 226.3 212.8 203.3


12/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

DR REDDYWEEKAHEAD

Weekly Pivots

DRREDDY

Dr.Reddy has continued to trade with the negative bias. The stock bounced back from the

support level of 1520 and if continues to sustains above the level then some more upside

movements can be there.

RESISTANCE 1590

SUPPORT 1520


www.capitalvia.com 12

WEEKLY


DRREDDY 1593.57 1578.43 1551.87 1536.73 1510.17


13/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

GAIL INDIAWEEKAHEAD

Weekly Pivots

DRREDDY

GAIL India has bearish trend. The stock taking support at 445 below this if the stock price

sustains then some more downside can be seen there in the stock. RESISTANCE 460

SUPPORT 445



WEEKLY


GAIL 470.67 462.63 453.82 445.78 436.97


14/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HCLWEEKAHEAD

Weekly Pivots

HCL

HCL has downside breakout in the today's session and the stock closed below the support

level of 495. So if the stock continues to sustain below it then some more downside can be

seen there in the stock.

RESISTANCE 510

SUPPORT 485



WEEKLY


WEEKAHEAD

HCLTECH 522.57 507.93 497.37 482.73 472.17


15/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HDFC BANKWEEKAHEAD

Weekly Pivots

HDFCBANK

HDFC Bank is consolidating at the level of 2000 from the last few trading sessions. So this

will be the crucial support level moving forward for the stock price. The stock is looking risky

and may show some more correction below the level of 2000.

RESISTANCE 2100

SUPPORT 2000



WEEKLY


WEEKAHEAD

HDFCBANK 2109.18 2081.72 2061.88 2034.42 2014.58


16/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HOUSING DEVELOPMENT FINANCEWEEKAHEAD

Weekly Pivots

HOUS

INGDEVELOPMENTFINANCE

Housing Development Finance is consolidating at the level of 635 f rom the last few trading

sessions. So this will be the crucial support level moving forward for the stock price. The

stock is looking risky and may show some more correction below the level of 635. z

RESISTANCE 675

SUPPORT 635



WEEKLY


HDFC 686.35 665.8 652.45 631.9 618.55


17/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HERO HONDAWEEKAHEAD

Weekly Pivots

HERO

HONDA

Hero Honda has continued to trade in bearish trend. The stock is looking weak and trading

with the negative bias. So below the level of 1635 it may show some more downside in the

coming time.

RESISTANCE 1700

SUPPORT 1635



WEEKLY


HEROHONDA 1767.45 1712.2 1674.55 1619.3 1581.65


18/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HINDALCOWEEKAHEAD

Weekly Pivots

HI

NDALCO

Hindalco has sharp downside rally in the today's session. The stock has weak trend and

below the level of 216 the stock may show some more downside in the coming t ime. z RESISTANCE 230

SUPPORT 216



WEEKLY


HINDALCO 241.65 232.6 225.1 216.05 208.55


19/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HULWEEKAHEAD

Weekly Pivots

HUL

HUL has taken support at 267 in the today's session and it shown some upside movements

from there. So if it continues to sustain above the support level then some more upside

movements can be there. z

RESISTANCE 280

SUPPORT 267



WEEKLY


HINDUNILVR 279.32 275.63 271.32 267.63 263.32


20/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

ICICI BANKWEEKAHEAD

Weekly Pivots

ICICIBANK

ICICI Bank has bounced back from its strong support of 990. The stock is looking good and

may continue the uptrend to the level of 1060-1075 in the short run. RESISTANCE 1030

SUPPORT 990



WEEKLY


WEEKLY


ICICIBANK 1050.92 1034.68 1013.97 997.73 977.02


21/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

IDFCWEEKAHEAD

Weekly Pivots

IDFC

IDFC has continued to trade in bearish trend. The stock has closing below the important

support level of 150. So the stock may continue the downtrend to the level of 144-140 in the

short run. So selling on higher level strategy can be good in the stock.

RESISTANCE 152

SUPPORT 144



WEEKLY


IDFC 155.35 151.85 149 145.5 142.65


22/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

INFOSYS TECHNOLOGIESWEEKAHEAD

Weekly Pivots

INFOS

YSTECHNOLOGIES

Infosys in today's trading session was moving in a downward trend it was down by 0.90 % . It

is now taking support at 3126 and resistance at 3269 form this level further downside

movement would be expected. It is taking support at 3126 below this level it would might

face more selling pressure else above 3336 it would be in an upward trend.

RESISTANCE 3269

SUPPORT 3126



WEEKLY


INFOSYSTCH 3320.35 3244.25 3192.45 3116.35 3064.55


23/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

ITCWEEKAHEAD

Weekly Pivots ITC

ITC in today's trading session manages to trade and close below the 10 days and 50 days

moving averages it was up by 0.21 %. In order to be in an uptrend it has to trade and

consolidate above the 10 days and 50 days moving averages. It has support at 163 below

this level it would be in a bearish trend else above 173 it would be in an upward trend.

RESISTANCE 173

SUPPORT 163



WEEKLY


ITC 172.65 170.4 168 165.75 163.35


24/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

JAIPRAKASH ASSOCIATESWEEKAHEAD

Weekly Pivots

JAIPRA

KASHASS

OCIATES

Jaiprakash Associates from the last few t rading session was moving sideways and in today's

trading session it was down by 3.37 % f rom this level further downside of movement would

be expected. It is looking bearish in the coming trading session if it manages to trade below

the support level of 86 else it has resistance at 94 above this level it would be in a bullish

trend.

RESISTANCE 94

SUPPORT 86



WEEKLY


JPASSOCIAT 92.15 89.8 87.95 85.6 83.75


25/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

JINDAL STEEL & POWERWEEKAHEAD

Weekly Pivots

JINDALSTEEL&

POWER

It is taking support at the level of 650 from the last few trading session it was moving in a

downward trend in today's trading session it manages to trade below the 10 days and 50

days moving averages form this level further downside movement would be expected. One

can go for short position in it at 650 below this level it would be bearish in trend else above

710 it would might be in a bullish.

RESISTANCE 710

SUPPORT 650



WEEKLY


JINDALSTEL 724.65 694.3 674.65 644.3 624.65


26/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

LARSEN AND TOUBROWEEKAHEAD

Weekly Pivots

LAR

SENAND

TOUBRO

L&T in today's trading session was moving in a downward trend it is now trading at 1607.30.

It is looking bearish in the coming trading session if it manages to trade and consolidate

below the support level of 1585 else above 1700 it would might be in a bullish trend.

RESISTANCE 1700

SUPPORT 1585



WEEKLY


LT 1673.5 1640.4 1616.9 1583.8 1560.3


27/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

KOTAK MAHINDRA BANKWEEKAHEAD

Weekly Pivots

KOTAK

MAHINDR

ABANK

Kotak Mahindra Bank in today's trading session manages to trade and close below the 10

days and 50 days moving averages. It is now taking support at 370 and resistance at 409. In

order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days

moving averages. One can go for short position in it at 370 below this level it would might be

in a bearish t rend.

RESISTANCE 409

SUPPORT 370



WEEKLY


KOTAKBANK 403.02 391.28 382.77 371.03 362.52


28/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

MAHINDRA & MAHINDRAWEEKAHEAD

Weekly Pivots

MAHIN

DRA&MA

HINDRA

It is taking support at 682 and resistance at 735. In today's trading session it manages to

trade below the 10 days and 50 days moving averages and it was down by 4.86 %. It is

looking bearish in the coming trading session one can go for short position in it at 682 else

above 735 it would might be in a bullish trend.

RESISTANCE 735

SUPPORT 682



WEEKLY


M&M 761.37 729.63 703.32 671.58 645.27


29/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

MARUTI SUZUKI INDIAWEEKAHEAD

Weekly Pivots

MARUTISUZU

KIINDIA

It is taking support at 1200 and resistance at 1272 from this level further downside

movement would be expected. In order to be in an uptrend it has to trade and consolidate

above the 10 days and 50 days moving averages. One can go for short position in it at 1200

below this level it would might face more selling pressure else it has resistance at 1272 above

this level it would be in a bullish trend.

RESISTANCE 1272

SUPPORT 1200



WEEKLY


MARUTI 1292.45 1260.9 1240.45 1208.9 1188.45


30/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

NTPCWEEKAHEAD

Weekly Pivots

NTPC

NTPC after making a low of 185.05 it is continuously moving in an upt rend in today's trading

session it was down by 1.46 % and it manages to trade and consolidate above the 10 days

and 50 days moving averages. It is looking bearish in the coming trading session if it

manages to trade below the support level of 188 below this level it would might face more

selling pressure.

RESISTANCE 198

SUPPORT 188



WEEKLY


NTPC 197.68 194.82 193.08 190.22 188.48


31/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

ONGCWEEKAHEAD

Weekly Pivots

ONGC

ONGC is looking weak on charts it is taking resistance at 1150 and support at 1102. In

today's trading session it manages to trade below the 10 days and 50 days moving averages

from this level either side of movement would be expected. It is looking bearish in the

coming trading session if it manages to trade below the support level of 1102 else above

1150 it would be bullish.

RESISTANCE 1150

SUPPORT 1102



WEEKLY


ONGC 1160.13 1146.52 1131.33 1117.72 1102.53


32/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

POWER GRID CORPORATION OF INDIAWEEKAHEAD

Weekly Pivots

POWE

RGRIDCOR

PORATIONOFINDIA

In today's trading session it was down by 2.28 % it is now taking resistance at 100 and

support at 97. It is looking positive in the coming t rading session if it manages to trade and

consolidate above the resistance level of 100 else it has support at 94 below this level it

would might face more selling pressure.

RESISTANCE 100

SUPPORT 94



WEEKLY


POWERGRID 100.45 98.5 96.85 94.9 93.25


33/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

PUNJAB NATIONAL BANKWEEKAHEAD

Weekly Pivots

PUNJABNATIONALBANK

PNB from the last few trading session was moving sideways in today's trading session it was

down by 1.34 % and manages to trade and close above the 10 days and 50 days moving

averages. It is taking support at 1074 and resistance at 1166. It is looking bearish in the

coming trading session if it manages to trade below the support level of 1074 else above

1166 it would be bullish.

RESISTANCE 1166

SUPPORT 1074



WEEKLY


PNB 1119.4 1106.6 1097.4 1084.6 1075.4


34/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RANBAXYWEEKAHEAD

Weekly Pivots

R

ANBAXY

Ranbaxy after making a high of 588 it is continuously moving in a downward trend in today's

trading session it was down by 1.05 % . It is now taking support at 489 and resistance at 575

forms this level further downside movement would be expected. One can go for short

position in it at 489 below this level it would might face more selling pressure.

RESISTANCE 575

SUPPORT 489



WEEKLY


RANBAXY 559.32 547.38 535.07 523.13 510.82


35/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE CAPITALWEEKAHEAD

Weekly Pivots

RELIANCE

CAPITAL

Reliance capital was down by 4.04 % in today's trading session it was closed near to the

support level of 530 below this level it would be in a downward trend. One can go for short

position in it at 530 else above 600 it would be in a bullish trend.

RESISTANCE 600

SUPPORT 577



WEEKLY


RELCAPITAL 575.27 555.78 541.52 522.03 507.77


36/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE COMMUNICATIONWEEKAHEAD

Weekly Pivots

RELIANC

ECOMMUN

ICATION

Reliance communication is looking weak on charts in today's trading session it was down by

2 % from this level further downside movement would be expected. In order to be in an

uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. It is

taking support at 123 below this level it would be in a bearish t rend else above resistance

level of 137 it would be in an uptrend.

RESISTANCE 137

SUPPORT 123



WEEKLY


RCOM 129.72 127.43 125.37 123.08 121.02


37/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE INDUSTRIESWEEKAHEAD

Weekly Pivots

R

ELIANCEINDUSTRIES

It is taking resistance at 946 and support at 900 in today's trading session it manage to trade

below the 10 days and 50 days moving averages and it was down by 3.15 % . It is looking

bearish in the coming trading session one can go for short position in at 900 else above 946

it would might be in an upward trend.

RESISTANCE 946

SUPPORT 900



WEEKLY


RELIANCE 964.2 938.6 920.3 894.7 876.4


38/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE INFRAUSTRUCTUREWEEKAHEAD

Weekly Pivots

RELIANCEINFRAUSTRUCTURE

Reliance Infra is looking weak on chart in today's trading session it was up by 1.14 % from

this level further downside movement would be expected. It is taking support at 707 and

resistance at 731. Once can go for short position in it at 695 below this it would might face

more selling pressure.

RESISTANCE 772

SUPPORT 695



WEEKLY


RELINFRA 746.85 735.7 719.85 708.7 692.85


39/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE POWERWEEKAHEAD

Weekly Pivots

RELIANCEPOWER

The stock is consolidating currently and moving in a range. one has to wait for crossing of

levels on either side before taking any positions in it. RESISTANCE 146

SUPPORT 133



WEEKLY


RPOWER 141.83 139.37 137.53 135.07 133.23


40/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SIEMENSWEEKAHEAD

Weekly Pivots

SIEMENS

The stock had either side movement this week. It now faces resistance at 747 and has

support at 690. One has to wait for crossing of levels on either side. RESISTANCE 747

SUPPORT 690



WEEKLY


SIEMENS 778.23 753.12 721.88 696.77 665.53


41/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

STERLITEWEEKAHEAD

Weekly Pivots

STERLITE

The stock had a sharp downfall this week after breaching its support level and lost up to 6%

this week. It faces next support at 157.50, breach of this level may continue its down trend

else it may also bounce back from lower support levels.

RESISTANCE 179

SUPPORT 157.50



WEEKLY


STER 176.07 171.48 166.77 162.18 157.47


42/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

STATE BANK OF INDIAWEEKAHEAD

Weekly Pivots

STATEBANKOFINDIA

The stock tried to take support at lower levels earlier and is now consolidating. It has support

at 2640 while resistance at 2740. One has to wait for crossing of levels on either side before

taking any positions in it.

RESISTANCE 2740

SUPPORT 2520



WEEKLY


SBIN 2712.62 2666.38 2628.42 2582.18 2544.22


43/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SAILWEEKAHEAD

Weekly Pivots

SAIL

The stock continued to move in down trend this week. One could hold the short positions in

the stock as it is expected to continue its bearish trend and move till the levels of 157.50-153

in coming trading sessions.

RESISTANCE 169

SUPPORT 153



WEEKLY


SAIL 163.22 160.78 158.07 155.63 152.92


44/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SUN PHARMACEUTICALWEEKAHEAD

Weekly Pivots

SUNPHARMAC

EUTICAL

Sun Pharma has downside breakout in the today's session and the stock closed below the

support level of 460. So if the stock continues to sustain below it then some more downside

can be seen there in the stock.

RESISTANCE 460

SUPPORT 430



WEEKLY


SUNPHARMA 475.23 462.02 448.78 435.57 422.33


45/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SUZLONWEEKAHEAD

Weekly Pivots

SUZLON

Suzlon is trading in sideways trend w ith the negative bias. The stock is looking weak and

below the support level of 48. The stock may show some more downside in the coming

time.

RESISTANCE 51

SUPPORT 48



WEEKLY


SUZLON 52.43 51.07 49.88 48.52 47.33


46/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TCSWEEKAHEAD

Weekly Pivots

TCS

TCS has bullish trend. The stock is consolidating at the higher level with holding support at

1165. The stock if continues to sustain above the support level then upside movements may

continue in the stock.

RESISTANCE 1200

SUPPORT 1165



WEEKLY


TCS 1221.75 1201.55 1183.4 1163.2 1145.05


47/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TATA MOTORWEEKAHEAD

Weekly Pivots

TATA

MOTOR

Tata motors has shown sharp selling rally in t he day but the stock pulled back in the late

trade. So if the stock manages to sustain above the support level then some upside

movements can be seen in the stock.

RESISTANCE 1190

SUPPORT 1120



WEEKLY


TATAMOTORS 1221.97 1186.13 1154.07 1118.23 1086.17


48/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TATA STEELWEEKAHEAD

Weekly Pivots

TA

TASTEEL

Tata steel is confronting selling pressure at the higher level. The stock has weak trend and

below the support level it may show some more downside in the coming t ime. RESISTANCE 655

SUPPORT 625



WEEKLY


TATASTEEL 665.02 651.23 640.72 626.93 616.42


49/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TATA POWERWEEKAHEAD

Weekly Pivots

TATA

POWER

Tata power continued to t rade in bearish trend. The stock is looking weak and below the

support level it may continue the downside momentum in the short run. RESISTANCE 1290

SUPPORT 1220



WEEKLY


TATAPOWER 1331.53 1297.37 1274.83 1240.67 1218.13


50/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SESA GOAWEEKAHEAD

Weekly Pivots

SESAGOA

The stock had an up rally after a good consolidation phase. It faces next resistance at 341;

crossing of this level may take the stock further up. One may go for buy on dip strategy in this

stock. A short term correction is expected in the stock.

RESISTANCE 341

SUPPORT 314



WEEKLY


SESAGOA 341.87 335.63 328.67 322.43 315.47


51/52

Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

WIPROWEEKAHEAD

Weekly Pivots

WIPRO

Wipro has continued to trade in bearish trend. The stock is looking weak and below the

support level of 430 it may show some more down fall in the coming time. RESISTANCE 450

SUPPORT 430



WEEKLY


WIPRO 448.67 443.13 439.37 433.83 430.07


52/52

R ES EA R C H

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do

not accept any responsibility (or liabilit y) for errors of fact or opinion. Users have the right to choose the product/s that

suits them the most.

Sincere efforts have been made to present the right investment perspective. The

information contained herein is based on Ahead and up on sources that we consider reliable.This material is for personal information and

based upon it & take no responsibility

The stock price projections shown are not necessarily indicative of future price performance. The information herein,

together with all estimates and forecasts, can change without notice.

Analyst or any person related to CapitalVia might be holding positions in the stocks recommended.

It is understood that anyone who is browsing through the site has done so at his free will and does not read any views

expressed as a recommendation for which either the site or its owners or anyone can be held responsible for.

Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved.

Investment in Stocks has its own risks.

We, however, do notvouch for the accuracy or the completeness thereof. we are not

responsible for any loss incurred whatsoever for any financial profits or loss which

may arise from the recommendations above.

CapitalVia does not purport to be an invitation or an offer to buy or sell any financial instrument.

Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report

or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then

Serious Legal Actions can be taken.

WEEKLY


Date post:	09-Apr-2018
Category:	Documents
Upload:	dasherno1
View:	215 times
Download:	0 times

Nifty 50 Reports for the Week (31st January - 4th February - 2011)

Documents