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

WEEKLY

STOCKS REPORTS
08th NOV - 13th NOV 2010
www.capitalvia.com
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
ACC

ACC
Weekly Pivots

STOCK R2 R1 PP S1 S2

ACC 1109.2 1099.4 1092.2 1082.4 1075.2

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

ACC has bullish trend and trading at year high it has immediate resistance of 1100 and
RESISTANCE 1100
support at the level of 980 if it crosses this resistance then it will continue its bullish trend in
near future. SUPPORT 980

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
AMBHUJA CEMENT

AMBHUJA CEMENT
Weekly Pivots

STOCK R2 R1 PP S1 S2

AMBUJACEM 153.18 152.42 151.73 150.97 150.28

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

Ambuja cement has been bull run in this week now it has immediate resistance of 165 if it
RESISTANCE 161
crosses this level then ot will move positively more along with it has support at the level of
140. SUPPORT 140

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
AXIS

AXIS
Weekly Pivots

STOCK R2 R1 PP S1 S2

AXISBANK 1566.42 1558.13 1550.57 1542.28 1534.72

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

In last week it had been in the correction, but in this week it took support at the level of 1435
RESISTANCE 1575
and reversed the trend by taking the positive momentum, long trend of this stock is bullish,
now it faces the resistance of 1575 if it gives closing above to this level then it will confirm its SUPPORT 1535
bull run in near futures, along with it has support at the level of 1535.

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
BAJAJ AUTO

BAJAJ AUTO
Weekly Pivots

STOCK R2 R1 PP S1 S2

BAJAJ-AUTO 1634.12 1624.23 1612.12 1602.23 1590.12

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

This week Bajaj auto had shown the positive momentum, took the support at the level of
RESISTANCE 1650
1475 and crossed its immediate resistance of 1490 and then took the positive momentum
now it is trading at lifetime high, thus stock is looking risky as profit booking may be seen at SUPPORT 1585
this level .it has strong resistance of 1650 and support at the level of 1585.

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
BHEL

BHEL
Weekly Pivots

STOCK R2 R1 PP S1 S2

BHEL 2561.67 2550.33 2542.67 2531.33 2523.67

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

Bhel has taken support at 2430 level now moving positively, it has immediate resistance of
RESISTANCE 2630
2630 and support at the level of 2439 it may be in sideways trend for few days untill it gives
closing above 2630. SUPPORT 2430

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
BPCL

BPCL
Weekly Pivots

STOCK R2 R1 PP S1 S2

BPCL 770.38 766.42 762.03 758.07 753.68

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

BPCL stock consolidated from a last few trading session after showing a continuous up rally.
RESISTANCE 785
One could go for buying on dip strategy and hold the long positions in this stock as it is
expected to move till the levels of 785 in next trading sessions. SUPPORT 734

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
BHARTI AIRTEL

BHARTI AIRTEL
Weekly Pivots

STOCK R2 R1 PP S1 S2

BHARTIARTL 332.13 330.82 329.68 328.37 327.23

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

BHARTI AIRTEL is moving with negative biasness from last few trading sessions. As we have
RESISTANCE 342
mentioned earlier also, that one could go for sell on rise in it until the stock crosses the level
of 322 in upside. It now faces support at 318, crossing of which may take the stock further SUPPORT 314
down.

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
CIPLA

CIPLA
Weekly Pivots

STOCK R2 R1 PP S1 S2

CIPLA 355.82 354.38 352.82 351.38 349.82

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

CIPLA is moving in sideways trend. It now faces resistance at 363 crossing of this level may
RESISTANCE 363
bring upward movement and may take the stock till the levels of 395-400 in near term. One
could go for buying on dip strategy in this stock. SUPPORT 341

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
CAIRN

CAIRN
Weekly Pivots

STOCK R2 R1 PP S1 S2

CAIRN 333.92 332.88 331.42 330.38 328.92

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

CAIRN INDIA , Form the last few trading session it is moving below the 10 days and 50 days
RESISTANCE 345
moving averages. Looking positive in the coming trading session once it manages to crosses
the level of 345 else it has support at 315 below this level it would might face more selling SUPPORT 315
pressure.

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
DLF

DLF
Weekly Pivots

STOCK R2 R1 PP S1 S2

DLF 360.23 358.52 357.08 355.37 353.93

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

DLF, As mentioned for this stock that one could go for sell on rise until it crosses 366 in
RESISTANCE 366
upside. It now faces support at 341; crossing of this may take the stock further down.
SUPPORT 341

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
DR REDDY

DR REDDY
Weekly Pivots

STOCK R2 R1 PP S1 S2

DRREDDY 1777.87 1765.73 1752.87 1740.73 1727.87

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

DR, REDDY has bullish trend. The stock made a new 52 week of high of 1738.45 in the
RESISTANCE 1738
today`s session the stock is looking good and above the immediate resistance level of 1738.
The stock may continue the uptrend in the coming time. SUPPORT 1636

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
GAIL INDIA

DR REDDY
Weekly Pivots

STOCK R2 R1 PP S1 S2

GAIL 503.73 499.52 495.78 491.57 487.83

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

GAIL INDIA is in consolidation state. The stock has crucial support level of 482 above which
RESISTANCE 512
if the stock price sustained then upside moments may continues in the coming time. The
stock is looking risky below the level of 482. SUPPORT 482

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
HCL

HCL
Weekly Pivots

STOCK R2 R1 PP S1 S2

HCLTECH 419.18 416.52 414.28 411.62 409.38

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

HCL made high of 456 and since then trading with the negative sentiments. The stock has
RESISTANCE 428
immediate support level of 410 below which if the stock sustained then some more
correction may be seen in the stock price. The stock price may bounce back if sustained SUPPORT 410
above the level of 410 in the coming time.

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
HDFC BANK

HDFC BANK
Weekly Pivots

STOCK R2 R1 PP S1 S2

HDFC 749.18 743.67 739.43 733.92 729.68

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

HDFC Bank rallied from the support level of 2237. The stock has immediate resistance at the
RESISTANCE 2359
level of 2359 above which if the stock price sustained then some more upside moments may
be seen there. SUPPORT 2237

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
HOUSING DEVELOPMENT FINANCE

HOUSING DEVELOPMENT FINANCE


Weekly Pivots

STOCK R2 R1 PP S1 S2

HDFCBANK 2417.13 2405.27 2395.13 2383.27 2373.13

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

HOUSING DEVELOPMENT FINANCE rallied from the support level of 672. The stock has
RESISTANCE 764
immediate resistance at the level of 764 above which if the stock price sustained then some
more upside moments may be seen there. SUPPORT 672

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
HERO HONDA

HERO HONDA
Weekly Pivots

STOCK R2 R1 PP S1 S2

HEROHONDA 1894.2 1870.05 1850.65 1826.5 1807.1

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

HERO HONDA is in consolidation state. The stock has crucial support level of 1856 above
RESISTANCE 1856
which if the stock price sustained then upside moments may continue in the coming time.
The stock has immediate resistance of 1770. SUPPORT 1770

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
HINDALCO

HINDALCO
Weekly Pivots

STOCK R2 R1 PP S1 S2

HINDALCO 244.08 238.27 233.18 227.37 222.28

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

HINDALCO has bullish trend. The stock in today's trading made a high of 228.20 looking
RESISTANCE 225
positive in the coming trading if it manages to trade above the resistance level of 228 else
below 201 it would be in a bearish trend. SUPPORT 200

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
HUL

HUL
Weekly Pivots

STOCK R2 R1 PP S1 S2

HINDUNILVR 306.15 304.5 302.25 300.6 298.35

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

HUL is in consolidation state. The stock has crucial support level of 289 above which if the
RESISTANCE 309
stock price sustained then upside moments may continues in the coming time. The stock has
immediate resistance level of 309. SUPPORT 289

www.capitalvia.com 19
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
ICICI BANK

ICICI BANK
Weekly Pivots

STOCK R2 R1 PP S1 S2

ICICIBANK 1283.55 1278.45 1273.9 1268.8 1264.25

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

ICICI BANK has bullish trend. The stock made a new 52 weeks high of 1270.55 in the
RESISTANCE 1271
today`s session the stock is looking good and above the immediate resistance level of 1271.
The stock may continue the uptrend in the coming time. SUPPORT 1186

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
IDFC

IDFC
Weekly Pivots

STOCK R2 R1 PP S1 S2

IDFC 218.35 216.95 215.85 214.45 213.35

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

IDFC has bullish trend. The stock rallying from the support level of 195 and now facing
RESISTANCE 216
important resistance at the level of 216 above which the stock may show some more upside
moments in the coming time. SUPPORT 195

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
INFOSYS TECHNOLOGIES

INFOSYS TECHNOLOGIES
Weekly Pivots

STOCK R2 R1 PP S1 S2

INFOSYSTCH 3102.62 3092.13 3081.52 3071.03 3060.42

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

INFOSYS, is now taking resistance at 3119 and support at 2944 looking positive in the
RESISTANCE 3050
coming trading session if it manages to trade above the resistance level of 3050 else it has
support at 2944 below this level it would might face more selling pressure. SUPPORT 2944

www.capitalvia.com 22
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
ITC

ITC
Weekly Pivots

STOCK R2 R1 PP S1 S2

ITC 179.58 178.37 177.28 176.07 174.98

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

ITC , traded above the 10 days and 50 days moving averages and now it is moving sideways
RESISTANCE 178
with high volume from this level either side of movement would be expected. It is looking
positive in the coming trading session, if it manages to trade above the resistance level of SUPPORT 165
177. One can take long position in it at 178 else it has support level of 165 below this level it
would be in a bearish trend.

www.capitalvia.com 23
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
JAIPRAKASH ASSOCIATES

JAIPRAKASH ASSOCIATES
Weekly Pivots

STOCK R2 R1 PP S1 S2

JPASSOCIAT 137.37 135.63 132.97 131.23 128.57

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

JAIPRAKASH ASSOCIATES form the last few trading session moving sideways, from this level RESISTANCE 131
either side of movement would be expected. In today's trading session it closed above the 10 SUPPORT 118
days and 50 days moving averages. It has resistance at 131 and support at 118. One can take
a long position in it, above 131 it would be in a bullish trend.

www.capitalvia.com 24
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
JINDAL STEEL & POWER

JINDAL STEEL & POWER


Weekly Pivots

STOCK R2 R1 PP S1 S2

JINDALSTEL 726.28 721.02 717.53 712.27 708.78

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

JINDAL STEEL & POWER taking support at the level of 681, from the last few trading session
RESISTANCE 727
it was moving sideways from this level either side of movement would be expected. Once it
manages to cross the level of 727 it would be in an uptrend else it has support at 681 below SUPPORT 681
this it would might face more selling pressure.

www.capitalvia.com 25
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
LARSEN AND TOUBRO

LARSEN AND TOUBRO


Weekly Pivots

STOCK R2 R1 PP S1 S2

LT 2205.68 2188.67 2174.48 2157.47 2143.28

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

L&T manages to close above the 10 days and 50 days moving averages. Looking bullish in
RESISTANCE 2212
the coming trading session one can go for long position in it at 2212 else it has support at
2108 below this level it would be in a downward trend. SUPPORT 2108

www.capitalvia.com 26
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
KOTAK MAHINDRA BANK

KOTAK MAHINDRA BANK


Weekly Pivots

STOCK R2 R1 PP S1 S2

KOTAKBANK 497.73 496.07 494.03 492.37 490.33

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

KOTAK MAHINDRA BANK closed above the 10 days and 50 days moving averages and it
RESISTANCE 507
was up by 0.87 % now it is moving sideways form this level either side of movement would
be expected. One can go for long position in it at 507. It has resistance at 507 and support at SUPPORT 455
455 below this level it would might face more selling pressure.

www.capitalvia.com 27
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
MAHINDRA & MAHINDRA

MAHINDRA & MAHINDRA


Weekly Pivots

STOCK R2 R1 PP S1 S2

M&M 797.63 794.27 789.63 786.27 781.63

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

M&M manages to close above the 10 day and 50 days moving averages. Looking positive in
RESISTANCE 796
the coming trading session if it manages to trade above the resistance level of 796 else it has
support level at 739 below this level it would be in a downward trend. SUPPORT 739

www.capitalvia.com 28
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
MARUTI SUZUKI INDIA

MARUTI SUZUKI INDIA


Weekly Pivots

STOCK R2 R1 PP S1 S2

MARUTI 1532.78 1522.57 1514.78 1504.57 1496.78

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

MARUTI is taking support at 1585 and resistance at 1472. It is now trading at 1507.60 from
RESISTANCE 1585
the last few trading session it is moving sideways. Looking positive in the coming trading
session if it manages to trade above the resistance level of 1585 else below 1472 it would SUPPORT 1472
might face more selling pressure.

www.capitalvia.com 29
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
NTPC

NTPC
Weekly Pivots

STOCK R2 R1 PP S1 S2

NTPC 197.63 196.97 196.23 195.57 194.83

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

NTPC manages to trade below the 10 days and 50 days moving averages. Form the last few
RESISTANCE 200
trading session it is moving in a downward from this level either side of movement would be
expected. In order to be in an uptrend it has to trade and consolidate above the resistance SUPPORT 192
level of 200 else it has support at 192 below this level it would be bearish.

www.capitalvia.com 30
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
ONGC

ONGC
Weekly Pivots

STOCK R2 R1 PP S1 S2

ONGC 1399.15 1389.3 1380.15 1370.3 1361.15

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

ONGC Form the last few trading session it was moving in a downtrend in today trading
RESISTANCE 1390
session it was up by 2.85 %. It has resistance at 1390 and support at 1290 it is now trading
below the 10 days and 50 days moving averages looking positive in the coming trading SUPPORT 1290
session if it manages to trade above the resistance level of 1390 else below 1290 it would
might face more selling pressure.

www.capitalvia.com 31
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
POWER GRID CORPORATION OF INDIA

POWER GRID CORPORATION OF INDIA


Weekly Pivots

STOCK R2 R1 PP S1 S2

POWERGRID 103.75 102.9 102.05 101.2 100.35

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

POWER GRID , In this week it had been weak and took support at its very strong support level
RESISTANCE 95
at 97.10 level in coming days if it did not break this support then it may show the signal of
trend reversal, as today it had given the positive closing else it may continue it down side SUPPORT 109
movement if it breaks its strong support of 97.10 , along with it has very strong resistance at
the level of 109.

www.capitalvia.com 32
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
PUNJAB NATIONAL BANK

PUNJAB NATIONAL BANK


Weekly Pivots

STOCK R2 R1 PP S1 S2

PNB 1394.17 1384.93 1374.62 1365.38 1355.07

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

PNB As per our earlier report in this week it took support at the level of 1265 and shown the
RESISTANCE 1401
positive movement today it crossed its year high and given the positive closing thus one may
adopt in this stock “buy on dips “strategy for the short term target of 1400 till it closes below SUPPORT 1240
1265, trend of this stock is bullish.

www.capitalvia.com 33
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
RANBAXY

RANBAXY
Weekly Pivots

STOCK R2 R1 PP S1 S2

RANBAXY 619.35 615.9 612.55 609.1 605.75

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

RANBAXY, In this week also it could not maintain its upward momentum and shown the
RESISTANCE 660
down ward trend it has immediate support at the level of 570, if it break this level then it will
continue its downward movement, else it may take support at this level and buying may be SUPPORT 556
seen at this point.

www.capitalvia.com 34
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
RELIANCE CAPITAL

RELIANCE CAPITAL
Weekly Pivots

STOCK R2 R1 PP S1 S2

RELCAPITAL 843.88 838.62 834.38 829.12 824.88

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

RELIANCE CAPITAL, As per our previous mentioned report it could not sustain its
RESISTANCE 872
positiveness and moved weakly then took support at the level of 802 and given the positive
closing today thus buying may be seen at this point now, it faces the immediate resistance of SUPPORT 802
865 if it gives closing above this level then positive movement is expected else it may
continue its down ward trend.

www.capitalvia.com 35
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
RELIANCE COMMUNICATION

RELIANCE COMMUNICATION
Weekly Pivots

STOCK R2 R1 PP S1 S2

RCOM 184.43 182.97 181.83 180.37 179.23

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

RELIANCE COMMUNICATION took support at the level of 172 and then making bottom
RESISTANCE 188
higher side, now it faces the support of 186.50 if it crosses this level then it may continue its
positive movement, along with it faces support at the level of 169 and trend is sideways. SUPPORT 169

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
RELIANCE INDUSTRIES

RELIANCE INDUSTRIES
Weekly Pivots

STOCK R2 R1 PP S1 S2

RELIANCE 1125.03 1115.37 1107.83 1098.17 1090.63

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

RELAINCE INDUS. As per our mentioned report it did not break its support if 1055 and
RESISTANCE 1134
maintain its positive momentum, it gave the positive closing now it faces the immediate
resistance of 1125 if it crosses this level then it will take Bull Run in near future. SUPPORT 1070

www.capitalvia.com 37
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
RELIANCE INFRAUSTRUCTURE

RELIANCE INFRAUSTRUCTURE
Weekly Pivots

STOCK R2 R1 PP S1 S2

RELINFRA 1058.23 1054.57 1051.33 1047.67 1044.43

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

RELIANCE INFRA , In this week it had been sideways in earlier day of week it had shown
RESISTANCE 1079
negative biasness and then it took support at the level of 1025 ,this stock is moving in the
range of 1079-1025 thus one should wait till it crosses either side level. SUPPORT 980

www.capitalvia.com 38
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
RELIANCE POWER

RELIANCE POWER
Weekly Pivots

STOCK R2 R1 PP S1 S2

RPOWER 168.33 166.62 165.38 163.67 162.43

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

RELAINCE POWER it had given the positive momentum , given the closing above to 165
RESISTANCE 165
levels which has been very strong resistance now one may follow in this stock “buy on dips”
strategy for the short term target of 170 till it closes below 155. SUPPORT 147

www.capitalvia.com 39
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
SIEMENS

SIEMENS
Weekly Pivots

STOCK R2 R1 PP S1 S2

SIEMENS 850.87 845.73 841.67 836.53 832.47

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

SIEMENS had been sideways, making higher bottom every times thus one may adopt in this
RESISTANCE 860
stock buy on dips for the short term target of 850 till it closes below 785.
SUPPORT 785

www.capitalvia.com 40
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
STERLITE

STERLITE
Weekly Pivots

STOCK R2 R1 PP S1 S2

STER 186.03 183.87 182.23 180.07 178.43

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

STERLITE INDU, As per our mentioned report it broke the resistance of 175 and now moving
RESISTANCE 186
higher it is now facing resistance of 185 if it gives closing above to this level then it may make
new high in this week ,but one should be cautious at this level as it will be year high. SUPPORT 165

www.capitalvia.com 41
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
STATE BANK OF INDIA

STATE BANK OF INDIA


Weekly Pivots

STOCK R2 R1 PP S1 S2

SBIN 3529.08 3509.52 3480.43 3460.87 3431.78

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

SBI, As per our mentioned report it broke the strong resistance of 3250 and then made all
RESISTANCE 3550
time high, trend of this stock is bullish but one should be cautious as it is trading all time high
thus profit booking may be seen any time. SUPPORT 3100

www.capitalvia.com 42
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
SAIL

SAIL
Weekly Pivots

STOCK R2 R1 PP S1 S2

SAIL 199.38 198.07 197.18 195.87 194.98

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

SAIL, In this week it had been downward broke the support of 206 and then moved weakly
RESISTANCE 231
and now taking support at the level of 192 if it does not break this level then it may take
positive trend but one should wait till it consolidate at this level more. SUPPORT 192

www.capitalvia.com 43
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
SUN PHARMACEUTICAL

SUN PHARMACEUTICAL
Weekly Pivots

STOCK R2 R1 PP S1 S2

SUNPHARMA 2315.55 2296.1 2275.55 2256.1 2235.55

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

SUNPHARMA, This week it tested the year high level and then got reverse and moved
RESISTANCE 2165
sideways and again took positive momentum, long term trend of this stock is bullish it faces
the resistance of 2300 if it crosses this level then it will show positive movement in near SUPPORT 1980
future else it may correct till the level of 1980, stock is looking risky as it is moving lifetime
high.

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
SUZLON

SUZLON
Weekly Pivots

STOCK R2 R1 PP S1 S2

SUZLON 58.62 58.13 57.82 57.33 57.02

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

SUZLONE, This week it moved sideways tested it support of 55 ,its trend is sideways it is
RESISTANCE 61
moving in the range of 55-61 thus one should wait till it crosses either side level.
SUPPORT 51

www.capitalvia.com 45
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
TCS

TCS
Weekly Pivots

STOCK R2 R1 PP S1 S2

TCS 1087.55 1082.65 1079 1074.1 1070.45

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

TCS, This week it moved positively and crossed its immediate resistance of 1070,if in
RESISTANCE 1100
coming days it break its resistance then it may make new high ,along with it has support of
1020,long term trend of this stock is bullish. SUPPORT 1020

www.capitalvia.com 46
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
TATA MOTOR

TATA MOTOR
Weekly Pivots

STOCK R2 R1 PP S1 S2

TATAMOTORS 1258.45 1251.7 1245.35 1238.6 1232.25

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

TATA MOTORS, This week it has shown positive momentum and touched the 1200 level and
RESISTANCE 1250
then moved sideways, long term trend of this stock is bullish, it may correct till the level of
1060 in near future and then again it may take positive momentum thus one should wait till SUPPORT 1060
it crosses its immediate resistance of 1220 then only it will confirm its bull run in near future.

www.capitalvia.com 47
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
TATA STEEL

TATA STEEL
Weekly Pivots

STOCK R2 R1 PP S1 S2

TATASTEEL 632.35 627.95 624.6 620.2 616.85

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

TATA STEEL, As per our mentioned report it broke its very strong support of 592 and
RESISTANCE 575
continued its weak movement till 580 level and then took support, now it faces the strong
resistance of 635 if it gives closing above this level then it may give us positive momentum in SUPPORT 635
near future.

www.capitalvia.com 48
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
TATA POWER

TATA POWER
Weekly Pivots

STOCK R2 R1 PP S1 S2

TATAPOWER 1412.28 1406.07 1400.53 1394.32 1388.78

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

TATA POWER, This week it has been sideways, it is moving in the range of 1460 and 1370,
RESISTANCE 1475
not breaking either side level thus one should wait till it crosses either side level then only it
will determine its direction . SUPPORT 1370

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WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
SESA GOA

SESA GOA
Weekly Pivots

STOCK R2 R1 PP S1 S2

SESAGOA 340.58 338.87 337.68 335.97 334.78

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

SESA GOA, This week it moved downward and then took support at 317 level , thus one
RESISTANCE 365
may adopt in this stock “buy in dips” strategy for the short term target of 360 till it closes
below 317. SUPPORT 308

www.capitalvia.com 50
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

WEEK AHEAD
WIPRO

WIPRO
Weekly Pivots

STOCK R2 R1 PP S1 S2

WIPRO 443.82 440.93 439.02 436.13 434.22

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW

WIPRO, this week it moved down ward and then it took support at the level of 410 now it
RESISTANCE 500
faces the resistance of 445 if it crosses this level then it may take positive movement in near
future else it may continue its down ward trend. SUPPORT 403

www.capitalvia.com 51
WEEKLY
08th Nov to 13th Nov 2010
RESEARCH

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