Beruflich Dokumente
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WEEKLY
STOCKS REPORTS
21st Mar - 25th Mar 2011
www.capitalvia.com
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
ACC
ACC
Weekly Pivots
STOCK R2 R1 PP S1 S2
ACC 10 40.5 10 30.8 10 24.3 10 14.6 10 08.1
Technical Picture
TECHNICAL OVERVIEW
The stock consolidated with positive biasness throughout this week. One could go for
buying on dip strategy in the stock as it is expected to continue its bullish trend after a short RESISTANCE 1047
term correction in coming trading sessions. SUPPORT 1000
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
AMBUJA CEMENT
AMBHUJA CEMENT
Weekly Pivots
STOCK R2 R1 PP S1 S2
AMBUJACEM 13 5.78 13 4.12 13 2.58 13 0.92 12 9.38
Technical Picture
TECHNICAL OVERVIEW
The stock continued to move in an up rally after crossing its resistance this week. It today
made a high of 134. One should now wait for further movement in this stock as a short term RESISTANCE 134.50
correction is expected. It has next major resistance at 134.50. SUPPORT 124.50
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
AXIS
AXIS
Weekly Pivots
STOCK R2 R1 PP S1 S2
AXISBANK 131 5.67 129 2.43 127 6.77 125 3.53 123 7.87
Technical Picture
TECHNICAL OVERVIEW
The stock had a correction in today's trading session after a continuous up rally earlier this
week. It faces next resistance at 1330; crossing of this level will take the stock further up. RESISTANCE 1330
SUPPORT 1265
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
BAJAJ AUTO
BAJAJ AUTO
Weekly Pivots
STOCK R2 R1 PP S1 S2
BAJAJ-AUTO 139 9.45 13 78.9 136 4.45 13 43.9 132 9.45
Technical Picture
TECHNICAL OVERVIEW
The stock had a steep pull back from its support levels and moved in an up rally but is
currently moving in a range. One could go for buying on dip strategy until it crosses the level RESISTANCE 1425
of 1335 in downside as it is expected to continue its bullish trend. SUPPORT 1335
www.capitalvia.com 5
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
BHEL
BHEL
Weekly Pivots
STOCK R2 R1 PP S1 S2
BHEL 199 9.63 196 0.57 193 6.93 189 7.87 187 4.23
Technical Picture
TECHNICAL OVERVIEW
The stock had a steep pull back from lower support level and made a high of 1168.80 in
today's trading session. If it manages to cross its level of 1995 in upside it may continue its RESISTANCE 1995
bullish trend. SUPPORT 1905
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
BPCL
BPCL
Weekly Pivots
STOCK R2 R1 PP S1 S2
BHEL 199 9.63 196 0.57 193 6.93 189 7.87 187 4.23
Technical Picture
TECHNICAL OVERVIEW
The stock has successfully taken support at lower levels and moved in an uptrend this week.
One could go for buying on dip strategy in the stock till it breaches the level of 550 in RESISTANCE 590
downside as it is expected to continue its bullish trend. SUPPORT 550
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
BHARTI AIRTEL
BHARTI AIRTEL
Weekly Pivots
STOCK R2 R1 PP S1 S2
BHARTIARTL 32 6.28 32 2.47 31 9.98 31 6.17 31 3.68
Technical Picture
TECHNICAL OVERVIEW
The stock is currently facing consolidation phase. It faces resistance at 325 while support at
301. One has to wait for crossing of levels on either side before taking any positions in it. RESISTANCE 325
SUPPORT 301
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
CIPLA
CIPLA
Weekly Pivots
STOCK R2 R1 PP S1 S2
CIPLA 30 6.98 30 0.02 29 4.88 28 7.92 28 2.78
Technical Picture
TECHNICAL OVERVIEW
The stock continued its consolidation in today's trading session as well. It has resistance at
303 while support at 285. One has to wait for crossing of levels on either side before taking RESISTANCE 303
any positions in it. SUPPORT 291
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
CAIRN
CAIRN
Weekly Pivots
STOCK R2 R1 PP S1 S2
CAIRN 35 3.45 3 49.7 34 7.35 3 43.6 34 1.25
Technical Picture
TECHNICAL OVERVIEW
The stock is currently consolidating with positive biasness. One could go for buying on dip
strategy in the stock till it breaches the level of 335 in downside as it is expected to move in RESISTANCE 359
an uptrend in coming trading sessions. SUPPORT 335
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
DLF
DLF
Weekly Pivots
STOCK R2 R1 PP S1 S2
DLF 22 6.48 22 3.22 22 1.13 21 7.87 21 5.78
Technical Picture
TECHNICAL OVERVIEW
The stock is being consolidating after a fall previously. It has next resistance at 233; crossing
of this level may take the stock further up while it has support at 218.50, breach of this level RESISTANCE 233
may take the stock down. SUPPORT 218.50
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
DR REDDY
DR REDDY
Weekly Pivots
STOCK R2 R1 PP S1 S2
DRREDDY 156 4.58 152 9.17 150 9.58 147 4.17 145 4.58
Technical Picture
TECHNICAL OVERVIEW
Dr.Reddy Lab. has closed with the losses on WoW basis. The stock has weak closing and near
the support level of 1475. So below this level selling pressure may continue in the coming RESISTANCE 1545
time. SUPPORT 1475
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
GAIL INDIA
DR REDDY
Weekly Pivots
STOCK R2 R1 PP S1 S2
GAIL 4 59.1 4 53.5 4 49.4 4 43.8 4 39.7
Technical Picture
TECHNICAL OVERVIEW
GAIL India has closed with the moderate gains on WoW basis. The stock witnessed profit
booking in the last trading session of the week and if sustained below the level of 440 then RESISTANCE 456
some more downside may be seen in it. SUPPORT 440
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
HCL
HCL
Weekly Pivots
STOCK R2 R1 PP S1 S2
HCLTECH 47 1.47 46 0.88 45 3.22 44 2.63 43 4.97
Technical Picture
TECHNICAL OVERVIEW
HCL is oscillating in the range of 445-475 from the last few trading sessions. The stock has
closed on weaker notes and trading with the negative bias. So below the level of 445 some RESISTANCE 465
downtrend may be seen in it. SUPPORT 450
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
HDFC BANK
HDFC BANK
Weekly Pivots
STOCK R2 R1 PP S1 S2
HDFCBANK 221 6.63 218 2.97 216 2.53 212 8.87 210 8.43
Technical Picture
TECHNICAL OVERVIEW
HDFC Bank is consolidating in a tight range of 2130-2245. So buying on dip will be good
strategy in the stock till it's sustained above the support level of 2130. RESISTANCE 2245
SUPPORT 2130
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
HOUSING DEVELOPMENT FINANCE
STOCK R2 R1 PP S1 S2
HDFC 6 52.8 63 6.55 62 6.95 6 10.7 6 01.1
Technical Picture
TECHNICAL OVERVIEW
Housing Development Finance has downside breakout and it was now closed below the
support level. So below the level of 610 it may show some more downside in the coming RESISTANCE 645
trading sessions. SUPPORT 610
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
HERO HONDA
HERO HONDA
Weekly Pivots
STOCK R2 R1 PP S1 S2
HEROHONDA 155 7.03 151 5.27 148 6.93 144 5.17 141 6.83
Technical Picture
TECHNICAL OVERVIEW
Hero Honda since made high of 1575 it is facing selling pressure and trading in downtrend.
The stock has immediate support at 1440 below which it may show some more downside in RESISTANCE 1530
the coming trading sessions. SUPPORT 1440
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
HINDALCO
HINDALCO
Weekly Pivots
STOCK R2 R1 PP S1 S2
HINDALCO 20 3.73 20 0.27 19 8.18 19 4.72 19 2.63
Technical Picture
TECHNICAL OVERVIEW
Hindalco is trading in the bearish trend. The stock is looking weak and below the support
level of 194 it may continue to trade in downtrend in the coming trading sessions. RESISTANCE 203
SUPPORT 194
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
HUL
HUL
Weekly Pivots
STOCK R2 R1 PP S1 S2
HINDUNILVR 27 4.07 27 1.53 26 9.57 26 7.03 26 5.07
Technical Picture
TECHNICAL OVERVIEW
HUL is north bound. The stocks hold crucial support of 272 in the short run and if this level is
breached then some more correction may be seen in it in the coming time. RESISTANCE 275
SUPPORT 267
www.capitalvia.com 19
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
ICICI BANK
ICICI BANK
Weekly Pivots
STOCK R2 R1 PP S1 S2
HINDUNILVR 27 4.07 27 1.53 26 9.57 26 7.03 26 5.07
Technical Picture
TECHNICAL OVERVIEW
ICICI Bank is trading in sideways trend. The stock trend is indecisive right now, so waits for
proper breakout in it. RESISTANCE 1025
SUPPORT 985
www.capitalvia.com 20
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
IDFC
IDFC
Weekly Pivots
STOCK R2 R1 PP S1 S2
IDFC 14 7.77 14 5.63 14 4.17 14 2.03 14 0.57
Technical Picture
TECHNICAL OVERVIEW
IDFC remains quite and trading in a narrow range. The stock is holding support of 140 from
the last few trading sessions. So if it continues to hold the support level then above the level RESISTANCE 148
of 148 some uptrend may be seen in it. The stock is looking risky below the level of 140. SUPPORT 140
www.capitalvia.com 21
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
INFOSYS TECHNOLOGIES
INFOSYS TECHNOLOGIES
Weekly Pivots
STOCK R2 R1 PP S1 S2
INFOSYSTCH 301 8.37 297 9.73 295 6.17 291 7.53 289 3.97
Technical Picture
TECHNICAL OVERVIEW
Infosys in today's trading session was moving in a downward trend, a gap down opening
mad it to trade and close below the 10 days and 50 days moving averages. It is now taking RESISTANCE 3000
resistance at 3000 above this level it would be in an upward trend. One can go for short SUPPORT 2930
position in it at 2930 below this level it would be in a downward trend.
www.capitalvia.com 22
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
ITC
ITC
Weekly Pivots
STOCK R2 R1 PP S1 S2
ITC 17 2.05 170 1 67.8 16 5.75 16 3.55
Technical Picture
TECHNICAL OVERVIEW
ITC has found support at 165 and resistance 173, from the last few trading it is moving in a
downward trend and it is now trading at 167.95, from this level further downside of RESISTANCE 173
movement would be expected. It has support at 165 below this level it would be in SUPPORT 165
downward trend.
www.capitalvia.com 23
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
JAIPRAKASH ASSOCIATES
JAIPRAKASH ASSOCIATES
Weekly Pivots
STOCK R2 R1 PP S1 S2
JPASSOCIAT 8 4.43 8 3.37 8 2.43 8 1.37 8 0.43
Technical Picture
TECHNICAL OVERVIEW
In today's trading session it was down by 0.42 %, from this level further downside
movement would be expected. It is looking bearish in the coming trading session if it RESISTANCE 83
manages to trade below the support level of 80 else above the resistance level of 83 it would SUPPORT 80
be in an upward trend.
www.capitalvia.com 24
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
JINDAL STEEL & POWER
STOCK R2 R1 PP S1 S2
JINDALSTEL 6 65.7 65 7.75 65 2.05 6 44.1 6 38.4
Technical Picture
TECHNICAL OVERVIEW
Jindal Steel & Power found support at 642 which served as a strong support level. In today's
trading session it has manages to trade and close below the 10 days and 50 days moving RESISTANCE 662
averages. It has support at 642 below this level it would be in a bearish trend else above 675 SUPPORT 636
it would be bullish in trend.
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
LARSEN AND TOUBRO
STOCK R2 R1 PP S1 S2
LT 155 0.87 153 3.53 152 1.77 150 4.43 149 2.67
Technical Picture
TECHNICAL OVERVIEW
From the last few trading session it is moving sideways and trading in a particular range of
1530-1600. It is taking support at 1518 and resistance at 1572. It is looking weak on charts RESISTANCE 1565
from this level further downside movement would be expected. One can go for short SUPPORT 1505
position in it at 1518 below this level it might be in a downward trend.
www.capitalvia.com 26
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
KOTAK MAHINDRA BANK
STOCK R2 R1 PP S1 S2
KOTAKBANK 43 8.05 43 0.35 4 25.2 4 17.5 41 2.35
Technical Picture
TECHNICAL OVERVIEW
Kotak Mahindra Bank from the last few trading session moving in a particular price range of
410-440. It manages to trade and close above the 10 days and 50 days moving averages, RESISTANCE 437
from this level further up side of movement would be expected. In coming trading session it SUPPORT 410
manages to trade and sustain above the resistance level 437 it would be in an upward trend.
www.capitalvia.com 27
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
MAHINDRA & MAHINDRA
STOCK R2 R1 PP S1 S2
M&M 6 77.9 6 54.5 63 9.55 61 6.15 6 01.2
Technical Picture
TECHNICAL OVERVIEW
M&M in today's trading session found the support at 619 and resistance at 668.In order to
be in an upward trend it has to trade and consolidate above the 10 days and 50 days moving RESISTANCE 668
averages. It is looking bearish in the coming trading session if it manages to trade below the SUPPORT 651
support level of 651 else above 668 it would be in an upward trend.
www.capitalvia.com 28
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
MARUTI SUZUKI INDIA
STOCK R2 R1 PP S1 S2
MARUTI 1222 11 89.1 11 68.1 11 35.2 11 14.2
Technical Picture
TECHNICAL OVERVIEW
Maruti in today's trading session manages to close near to the support level of 1240; from
this level further downside of movement would be expected. It is now trading at RESISTANCE 1200
1250.85.One can go for short position in it at 1240 below this level it might test the next SUPPORT 1145
support level of 1240.
www.capitalvia.com 29
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
NTPC
NTPC
Weekly Pivots
STOCK R2 R1 PP S1 S2
NTPC 17 8.32 17 6.28 17 4.97 17 2.93 17 1.62
Technical Picture
TECHNICAL OVERVIEW
After making a high of 183.70 it is continuously moving in a downward trend, it is now
trading at 174.25. In order to be in an upward trend it has to trade and consolidate above RESISTANCE 179
the 10 days and 50 days moving averages. It is looking weak on charts; one can go for short SUPPORT 173
position in it at 173 below this level it would be in a downtrend trend.
www.capitalvia.com 30
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
ONGC
ONGC
Weekly Pivots
STOCK R2 R1 PP S1 S2
ONGC 27 9.18 27 4.67 27 1.38 26 6.87 26 3.58
Technical Picture
TECHNICAL OVERVIEW
In today's trading session it battered down to 268.10, from this level further downside
movement would be expected. It is taking support at 266 and resistance at 277.One can go RESISTANCE 277
for short position in it at 266 for the target of 260. SUPPORT 266
www.capitalvia.com 31
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
POWER GRID CORPORATION OF INDIA
STOCK R2 R1 PP S1 S2
POWERGRID 9 9.58 9 8.77 9 8.18 9 7.37 9 6.78
Technical Picture
TECHNICAL OVERVIEW
Power Grid form the last trading session moving sideways and it is now trading at 97.95. It
made a smart recovery from the support level of 97 and made a high of 99.10; form this level RESISTANCE 100
further upside movement would be expected. One can go for long position in it at 100 for SUPPORT 97
the target of 104.
www.capitalvia.com 32
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
PUNJAB NATIONAL BANK
STOCK R2 R1 PP S1 S2
PNB 111 6.22 110 2.63 109 2.32 107 8.73 106 8.42
Technical Picture
TECHNICAL OVERVIEW
After making a low of 1037.90 it is continuously moving in an upward trend, it is now
trading at 1089.05 and it was down by 0.80 %. It has resistance at 1111 and support at RESISTANCE 1111
1080. It is looking bullish in the coming trading session if it manages to trade above the SUPPORT 1080
resistance level of 1111 above this level it would be in a bullish trend.
www.capitalvia.com 33
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
RANBAXY
RANBAXY
Weekly Pivots
STOCK R2 R1 PP S1 S2
RANBAXY 48 0.42 47 4.63 46 9.82 46 4.03 45 9.22
Technical Picture
TECHNICAL OVERVIEW
Ranbaxy battered down to 428.75 which served as a major support level, it now moving in
an upward trend. It is looking strong on charts from this level further upside movement RESISTANCE 476
would be expected, above 476 it would be in an upward trend. SUPPORT 461
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
RELIANCE CAPITAL
RELIANCE CAPITAL
Weekly Pivots
STOCK R2 R1 PP S1 S2
RELCAP ITAL 60 0.82 58 8.48 58 1.07 56 8.73 56 1.32
Technical Picture
TECHNICAL OVERVIEW
Reliance capital from the last few trading session was moving in an upward trend and it
manages to trade above the 10 days and 50 days moving averages. It is now taking support RESISTANCE 600
at 570 and resistance at 600. One can go for long position in it at 600 above this level it SUPPORT 570
would be in an upward trend.
www.capitalvia.com 35
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
RELIANCE COMMUNICATION
RELIANCE COMMUNICATION
Weekly Pivots
STOCK R2 R1 PP S1 S2
RCOM 10 9.93 10 7.27 10 5.58 10 2.92 10 1.23
Technical Picture
TECHNICAL OVERVIEW
After making a low of 84.25 it is continuously moving in an upward trend, in today's trading
session it made a high of 108.25 and manages to trade and close above the 10 days moving RESISTANCE 110
averages. It is looking strong on charts; if it breaks the resistance level of 110 it would be in a SUPPORT 101
bullish trend else it has support at 101. One can go for long position in it for the target of
120.
www.capitalvia.com 36
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
RELIANCE INDUSTRIES
RELIANCE INDUSTRIES
Weekly Pivots
STOCK R2 R1 PP S1 S2
RELIANCE 105 3.27 102 3.13 100 4.87 97 4.73 95 6.47
Technical Picture
TECHNICAL OVERVIEW
It is taking resistance at 1035 and support at 985. It is looking bearish in the coming trading
session, one can go for short position in at 985 else above 1035 it would be in an upward RESISTANCE 1035
trend. SUPPORT 985
www.capitalvia.com 37
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
RELIANCE INFRAUSTRUCTURE
RELIANCE INFRAUSTRUCTURE
Weekly Pivots
STOCK R2 R1 PP S1 S2
RELINFRA 6 77.5 6 52.6 63 8.65 61 3.75 5 99.8
Technical Picture
TECHNICAL OVERVIEW
It is now taking support at 585 and resistance at 680.It is looking strong on chart in today's
trading session it was down by 3.19 % from this level further downside of movement would RESISTANCE 680
be expected. Once can go for short position in it at 585 below this level it might be in a SUPPORT 585
bearish trend.
www.capitalvia.com 38
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
RELIANCE POWER
RELIANCE POWER
Weekly Pivots
STOCK R2 R1 PP S1 S2
RPOWER 12 8.35 12 4.85 12 2.75 11 9.25 11 7.15
Technical Picture
TECHNICAL OVERVIEW
The stock is moving in a bullish trend currently. One could hold the long positions in the stock
till it breaches the level of 119 in downside as it is expected to continue its bullish trend. RESISTANCE 131
SUPPORT 119
www.capitalvia.com 39
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
SIEMENS
SIEMENS
Weekly Pivots
STOCK R2 R1 PP S1 S2
RPOWER 12 8.35 12 4.85 12 2.75 11 9.25 11 7.15
Technical Picture
TECHNICAL OVERVIEW
The stock is consolidating at higher levels currently. One should wait for crossing of levels on
either side before taking any positions in the stock. RESISTANCE 885
SUPPORT 864
www.capitalvia.com 40
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
STERLITE
STERLITE
Weekly Pivots
STOCK R2 R1 PP S1 S2
STER 16 3.12 16 0.73 15 9.37 15 6.98 15 5.62
Technical Picture
TECHNICAL OVERVIEW
The stock continued to consolidate in today's trading session as well. One could go for sell
on rise strategy in the stock until it crosses the level of 163.50 in upside as it may have a RESISTANCE 163.50
downward trend after breaching its support level. SUPPORT 158
www.capitalvia.com 41
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
STATE BANK OF INDIA
STOCK R2 R1 PP S1 S2
SBIN 266 6.08 262 8.17 260 4.08 256 6.17 254 2.08
Technical Picture
TECHNICAL OVERVIEW
The stock has tried to take support at lower levels and is now moving in an up rally. It has next
resistance at 2665; crossing of this level may continue its bullish trend. One could go for RESISTANCE 2665
buying on dip strategy in the stock. SUPPORT 2555
www.capitalvia.com 42
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
SAIL
SAIL
Weekly Pivots
STOCK R2 R1 PP S1 S2
SAIL 16 5.82 16 1.18 15 8.12 15 3.48 15 0.42
Technical Picture
TECHNICAL OVERVIEW
The stock had a sideways trend in today's trading session. It has next resistance at 162.20;
crossing of this will take the stock further upwards. One could hold the long positions in the RESISTANCE 162.20
stock as it is expected to continue its bullish trend. SUPPORT 155
www.capitalvia.com 43
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
SUN PHARMACEUTICAL
SUN PHARMACEUTICAL
Weekly Pivots
STOCK R2 R1 PP S1 S2
SUNPHARMA 4 43.9 4 39.3 4 34.9 4 30.3 4 25.9
Technical Picture
TECHNICAL OVERVIEW
Sun Pharma closed with the stronger gains on WoW basis. The stock is sustaining at the
higher level and if continue to hold the support level of 425 then above the level of 445 some RESISTANCE 445
more upside may be seen in it. SUPPORT 425
www.capitalvia.com 44
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
SUZLON
SUZLON
Weekly Pivots
STOCK R2 R1 PP S1 S2
SUZLON 4 6.78 4 6.07 4 5.58 4 4.87 4 4.38
Technical Picture
TECHNICAL OVERVIEW
Suzlon is south bound. The stock is looking bearish and closed on weaker notes. So below
the support level of 44 some more correction can be seen in it. RESISTANCE 46.50
SUPPORT 44
www.capitalvia.com 45
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
TCS
TCS
Weekly Pivots
STOCK R2 R1 PP S1 S2
TCS 112 2.18 110 2.47 108 9.28 106 9.57 105 6.38
Technical Picture
TECHNICAL OVERVIEW
TCS is trading in board range of 1050-1165. So buying on dip will be good strategy in the
stock till it holds the support level of 1050. RESISTANCE 1110
SUPPORT 1050
www.capitalvia.com 46
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
TATA MOTOR
TATA MOTOR
Weekly Pivots
STOCK R2 R1 PP S1 S2
TATAMOTORS 1167.82 1142.63 1127.82 1102.63 1087.82
Technical Picture
TECHNICAL OVERVIEW
Tata power has closed with the moderate gains on WoW basis. The stock is now trading with
the positive bias and looking strong. So above the resistance level of 1255 it may show some RESISTANCE 1255
more uptrend in the coming trading sessions. SUPPORT 1215
www.capitalvia.com 47
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
TATA STEEL
TATA STEEL
Weekly Pivots
STOCK R2 R1 PP S1 S2
TATAPOWER 125 0.88 123 9.67 122 8.78 121 7.57 120 6.68
Technical Picture
TECHNICAL OVERVIEW
Tata steel is north bound. The stock is looking weak and closed near the support level of 575.
So below which some more correction can be seen in it. RESISTANCE 610
SUPPORT 585
www.capitalvia.com 48
WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
TATA POWER
TATA POWER
Weekly Pivots
STOCK R2 R1 PP S1 S2
TATAPOWER 125 0.88 123 9.67 122 8.78 121 7.57 120 6.68
Technical Picture
TECHNICAL OVERVIEW
Tata power has closed with the moderate gains on WoW basis. The stock is now trading with
the positive bias and looking strong. So above the resistance level of 1255 it may show some RESISTANCE 1225
more uptrend in the coming trading sessions. SUPPORT 1215
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
SESA GOA
SESA GOA
Weekly Pivots
STOCK R2 R1 PP S1 S2
SESAGOA 26 7.38 26 3.57 26 1.08 25 7.27 25 4.78
Technical Picture
TECHNICAL OVERVIEW
The stock tried to recover from lower support levels last week and is consolidating currently.
One has to wait for crossing of levels on either side before taking any positions in it. RESISTANCE 273
SUPPORT 256.50
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
WEEK AHEAD
WIPRO
WIPRO
Weekly Pivots
STOCK R2 R1 PP S1 S2
WIPRO 45 2.07 44 5.98 44 0.22 43 4.13 42 8.37
Technical Picture
TECHNICAL OVERVIEW
Wipro is in correction phase on part of profit booking. The stock has immediate support level
of 432 below which if it sustains then it may show some more correction in the coming RESISTANCE 450
trading sessions. SUPPORT 432
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WEEKLY
14th Mar to 18th Mar 2011
RESEARCH
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