Вы находитесь на странице: 1из 52

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

WEEKLY

STOCKS REPORTS
31st Jan - 04th Feb 2011
www.capitalvia.com
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
ACC

ACC
Weekly Pivots

STOCK R2 R1 PP S1 S2
ACC 1045.72 1018.93 1001.97 975.18 958.22

Technical Picture

Figure: 1 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1052
at 1052, crossing of this level may take the stock further upward. SUPPORT 968

www.capitalvia.com 2
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
AMBUJA CEMENT

AMBHUJA CEMENT
Weekly Pivots

STOCK R2 R1 PP S1 S2
AMBUJACEM 133.78 130.87 128.98 126.07 124.18

Technical Picture

Figure: 2 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 134.50
positions in it. SUPPORT 123

www.capitalvia.com 3
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
AXIS

AXIS
Weekly Pivots

STOCK R2 R1 PP S1 S2
AXISBANK 1328.07 1290.78 1267.12 1229.83 1206.17

Technical Picture

Figure: 3 : Nifty50 Graph

TECHNICAL OVERVIEW
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, RESISTANCE 1351
crossing of this level may take up the stock. One has to wait for crossing of levels on either SUPPORT 1255
side.

www.capitalvia.com 4
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
BAJAJ AUTO

BAJAJ AUTO
Weekly Pivots

STOCK R2 R1 PP S1 S2
BAJAJ-AUTO 1308.88 1284.77 1264.88 1240.77 1220.88

Technical Picture

Figure: 4 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1352
take the stock further up while it has support at 1220, breach of which may take the stock SUPPORT 1220
further down. One has to wait for crossing of levels on either side before taking any position.

www.capitalvia.com 5
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
BHEL

BHEL
Weekly Pivots

STOCK R2 R1 PP S1 S2
BHEL 2276.35 2214.25 2172.9 2110.8 2069.45

Technical Picture

Figure: 5 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 2320
support at 2100; breach of this level may take the stock further southward. SUPPORT 2100

www.capitalvia.com 6
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
BPCL

BPCL
Weekly Pivots

STOCK R2 R1 PP S1 S2
BPCL 650.55 641.5 630.85 621.8 611.15

Technical Picture

Figure: 6 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 650
continue its bullish trend and may move till the levels of 650-660 in coming trading sessions. SUPPORT 590

www.capitalvia.com 7
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
BHARTI AIRTEL

BHARTI AIRTEL
Weekly Pivots

STOCK R2 R1 PP S1 S2
BHARTIARTL 337.08 332.17 327.33 322.42 317.58

Technical Picture

Figure: 7 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 341
lower support levels. SUPPORT 320

www.capitalvia.com 8
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
CIPLA

CIPLA
Weekly Pivots

STOCK R2 R1 PP S1 S2
CIPLA 349.73 342.42 333.58 326.27 317.43

Technical Picture

Figure: 8 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 350
continue the bearish trend for the stock else it may get bounce back from its lower support SUPPORT 322
levels.

www.capitalvia.com 9
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
CAIRN

CAIRN
Weekly Pivots

STOCK R2 R1 PP S1 S2
CAIRN 337.67 332.33 327.67 322.33 317.67

Technical Picture

Figure: 9 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 340
low of 323, one could hold the short positions in the stock it is expected to continue its SUPPORT 319
bearish trend and move till the levels of 319-315 in coming trading sessions.

www.capitalvia.com 10
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
DLF

DLF
Weekly Pivots

STOCK R2 R1 PP S1 S2
DLF 249.3 235.8 226.3 212.8 203.3

Technical Picture

Figure: 10 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 256
back from lower support levels. SUPPORT 210

www.capitalvia.com 11
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
DR REDDY

DR REDDY
Weekly Pivots

STOCK R2 R1 PP S1 S2
DRREDDY 1593.57 1578.43 1551.87 1536.73 1510.17

Technical Picture

Figure: 11 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1590
movements can be there. SUPPORT 1520

www.capitalvia.com 12
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
GAIL INDIA

DR REDDY
Weekly Pivots

STOCK R2 R1 PP S1 S2
GAIL 470.67 462.63 453.82 445.78 436.97

Technical Picture

Figure: 12 : Nifty50 Graph

TECHNICAL OVERVIEW
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

www.capitalvia.com 13
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
HCL

HCL
Weekly Pivots

STOCK R2 R1 PP S1 S2
HCLTECH 522.57 507.93 497.37 482.73 472.17

Technical Picture

Figure: 13 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 510
seen there in the stock. SUPPORT 485

www.capitalvia.com 14
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
HDFC BANK

HDFC BANK
Weekly Pivots

STOCK R2 R1 PP S1 S2
HDFCBANK 2109.18 2081.72 2061.88 2034.42 2014.58

Technical Picture

Figure: 14 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 2100
and may show some more correction below the level of 2000. SUPPORT 2000

www.capitalvia.com 15
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
HOUSING DEVELOPMENT FINANCE

HOUSING DEVELOPMENT FINANCE


Weekly Pivots

STOCK R2 R1 PP S1 S2
HDFC 686.35 665.8 652.45 631.9 618.55

Technical Picture

Figure: 15 : Nifty50 Graph

TECHNICAL OVERVIEW
Housing Development Finance is consolidating at the level of 635 from the last few trading
sessions. So this will be the crucial support level moving forward for the stock price. The RESISTANCE 675
stock is looking risky and may show some more correction below the level of 635. z SUPPORT 635

www.capitalvia.com 16
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
HERO HONDA

HERO HONDA
Weekly Pivots

STOCK R2 R1 PP S1 S2
HEROHONDA 1767.45 1712.2 1674.55 1619.3 1581.65

Technical Picture

Figure: 16 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1700
coming time. SUPPORT 1635

www.capitalvia.com 17
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
HINDALCO

HINDALCO
Weekly Pivots

STOCK R2 R1 PP S1 S2
HINDALCO 241.65 232.6 225.1 216.05 208.55

Technical Picture

Figure: 17 : Nifty50 Graph

TECHNICAL OVERVIEW
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 time. z RESISTANCE 230
SUPPORT 216

www.capitalvia.com 18
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
HUL

HUL
Weekly Pivots

STOCK R2 R1 PP S1 S2
HINDUNILVR 279.32 275.63 271.32 267.63 263.32

Technical Picture

Figure: 18 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 280
movements can be there. z SUPPORT 267

www.capitalvia.com 19
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
ICICI BANK

ICICI BANK
Weekly Pivots

STOCK R2 R1 PP S1 S2
ICICIBANK 1050.92 1034.68 1013.97 997.73 977.02

Technical Picture

Figure: 19 : Nifty50 Graph

TECHNICAL OVERVIEW
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

www.capitalvia.com 20
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
IDFC

IDFC
Weekly Pivots

STOCK R2 R1 PP S1 S2
IDFC 155.35 151.85 149 145.5 142.65

Technical Picture

Figure: 20 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 152
short run. So selling on higher level strategy can be good in the stock. SUPPORT 144

www.capitalvia.com 21
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
INFOSYS TECHNOLOGIES

INFOSYS TECHNOLOGIES
Weekly Pivots

STOCK R2 R1 PP S1 S2
INFOSYSTCH 3320.35 3244.25 3192.45 3116.35 3064.55

Technical Picture

Figure: 21 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 3269
movement would be expected. It is taking support at 3126 below this level it would might SUPPORT 3126
face more selling pressure else above 3336 it would be in an upward trend.

www.capitalvia.com 22
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
ITC

ITC
Weekly Pivots

STOCK R2 R1 PP S1 S2
ITC 172.65 170.4 168 165.75 163.35

Technical Picture

Figure: 22 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 173
consolidate above the 10 days and 50 days moving averages. It has support at 163 below SUPPORT 163
this level it would be in a bearish trend else above 173 it would be in an upward trend.

www.capitalvia.com 23
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
JAIPRAKASH ASSOCIATES

JAIPRAKASH ASSOCIATES
Weekly Pivots

STOCK R2 R1 PP S1 S2
JPASSOCIAT 92.15 89.8 87.95 85.6 83.75

Technical Picture

Figure: 23 : Nifty50 Graph

TECHNICAL OVERVIEW
Jaiprakash Associates from the last few trading session was moving sideways and in today's
trading session it was down by 3.37 % from this level further downside of movement would RESISTANCE 94
be expected. It is looking bearish in the coming trading session if it manages to trade below SUPPORT 86
the support level of 86 else it has resistance at 94 above this level it would be in a bullish
trend.

www.capitalvia.com 24
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
JINDAL STEEL & POWER

JINDAL STEEL & POWER


Weekly Pivots

STOCK R2 R1 PP S1 S2
JINDALSTEL 724.65 694.3 674.65 644.3 624.65

Technical Picture

Figure: 24 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 710
days moving averages form this level further downside movement would be expected. One SUPPORT 650
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.

www.capitalvia.com 25
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
LARSEN AND TOUBRO

LARSEN AND TOUBRO


Weekly Pivots

STOCK R2 R1 PP S1 S2
LT 1673.5 1640.4 1616.9 1583.8 1560.3

Technical Picture

Figure: 25 : Nifty50 Graph

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

www.capitalvia.com 26
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
KOTAK MAHINDRA BANK

KOTAK MAHINDRA BANK


Weekly Pivots

STOCK R2 R1 PP S1 S2
KOTAKBANK 403.02 391.28 382.77 371.03 362.52

Technical Picture

Figure: 26 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 409
order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days SUPPORT 370
moving averages. One can go for short position in it at 370 below this level it would might be
in a bearish trend.

www.capitalvia.com 27
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
MAHINDRA & MAHINDRA

MAHINDRA & MAHINDRA


Weekly Pivots

STOCK R2 R1 PP S1 S2
M&M 761.37 729.63 703.32 671.58 645.27

Technical Picture

Figure: 27 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 735
looking bearish in the coming trading session one can go for short position in it at 682 else SUPPORT 682
above 735 it would might be in a bullish trend.

www.capitalvia.com 28
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
MARUTI SUZUKI INDIA

MARUTI SUZUKI INDIA


Weekly Pivots

STOCK R2 R1 PP S1 S2
MARUTI 1292.45 1260.9 1240.45 1208.9 1188.45

Technical Picture

Figure: 28 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1272
above the 10 days and 50 days moving averages. One can go for short position in it at 1200 SUPPORT 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.

www.capitalvia.com 29
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
NTPC

NTPC
Weekly Pivots

STOCK R2 R1 PP S1 S2
NTPC 197.68 194.82 193.08 190.22 188.48

Technical Picture

Figure: 29 : Nifty50 Graph

TECHNICAL OVERVIEW
NTPC after making a low of 185.05 it is continuously moving in an uptrend in today's trading
session it was down by 1.46 % and it manages to trade and consolidate above the 10 days RESISTANCE 198
and 50 days moving averages. It is looking bearish in the coming trading session if it SUPPORT 188
manages to trade below the support level of 188 below this level it would might face more
selling pressure.

www.capitalvia.com 30
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
ONGC

ONGC
Weekly Pivots

STOCK R2 R1 PP S1 S2
ONGC 1160.13 1146.52 1131.33 1117.72 1102.53

Technical Picture

Figure: 30 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1150
from this level either side of movement would be expected. It is looking bearish in the SUPPORT 1102
coming trading session if it manages to trade below the support level of 1102 else above
1150 it would be bullish.

www.capitalvia.com 31
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
POWER GRID CORPORATION OF INDIA

POWER GRID CORPORATION OF INDIA


Weekly Pivots

STOCK R2 R1 PP S1 S2
POWERGRID 100.45 98.5 96.85 94.9 93.25

Technical Picture

Figure: 31 : Nifty50 Graph

TECHNICAL OVERVIEW
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 trading session if it manages to trade and RESISTANCE 100
consolidate above the resistance level of 100 else it has support at 94 below this level it SUPPORT 94
would might face more selling pressure.

www.capitalvia.com 32
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
PUNJAB NATIONAL BANK

PUNJAB NATIONAL BANK


Weekly Pivots

STOCK R2 R1 PP S1 S2
PNB 1119.4 1106.6 1097.4 1084.6 1075.4

Technical Picture

Figure: 32 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1166
averages. It is taking support at 1074 and resistance at 1166. It is looking bearish in the SUPPORT 1074
coming trading session if it manages to trade below the support level of 1074 else above
1166 it would be bullish.

www.capitalvia.com 33
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
RANBAXY

RANBAXY
Weekly Pivots

STOCK R2 R1 PP S1 S2
RANBAXY 559.32 547.38 535.07 523.13 510.82

Technical Picture

Figure: 33 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 575
forms this level further downside movement would be expected. One can go for short SUPPORT 489
position in it at 489 below this level it would might face more selling pressure.

www.capitalvia.com 34
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
RELIANCE CAPITAL

RELIANCE CAPITAL
Weekly Pivots

STOCK R2 R1 PP S1 S2
RELCAPITAL 575.27 555.78 541.52 522.03 507.77

Technical Picture

Figure: 34 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 600
position in it at 530 else above 600 it would be in a bullish trend. SUPPORT 577

www.capitalvia.com 35
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
RELIANCE COMMUNICATION

RELIANCE COMMUNICATION
Weekly Pivots

STOCK R2 R1 PP S1 S2
RCOM 129.72 127.43 125.37 123.08 121.02

Technical Picture

Figure: 35 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 137
uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. It is SUPPORT 123
taking support at 123 below this level it would be in a bearish trend else above resistance
level of 137 it would be in an uptrend.

www.capitalvia.com 36
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
RELIANCE INDUSTRIES

RELIANCE INDUSTRIES
Weekly Pivots

STOCK R2 R1 PP S1 S2
RELIANCE 964.2 938.6 920.3 894.7 876.4

Technical Picture

Figure: 36 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 946
bearish in the coming trading session one can go for short position in at 900 else above 946 SUPPORT 900
it would might be in an upward trend.

www.capitalvia.com 37
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
RELIANCE INFRAUSTRUCTURE

RELIANCE INFRAUSTRUCTURE
Weekly Pivots

STOCK R2 R1 PP S1 S2
RELINFRA 746.85 735.7 719.85 708.7 692.85

Technical Picture

Figure: 37 : Nifty50 Graph

TECHNICAL OVERVIEW
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 772
resistance at 731. Once can go for short position in it at 695 below this it would might face SUPPORT 695
more selling pressure.

www.capitalvia.com 38
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
RELIANCE POWER

RELIANCE POWER
Weekly Pivots

STOCK R2 R1 PP S1 S2
RPOWER 141.83 139.37 137.53 135.07 133.23

Technical Picture

Figure: 38 : Nifty50 Graph

TECHNICAL OVERVIEW
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

www.capitalvia.com 39
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
SIEMENS

SIEMENS
Weekly Pivots

STOCK R2 R1 PP S1 S2
SIEMENS 778.23 753.12 721.88 696.77 665.53

Technical Picture

Figure: 39 : Nifty50 Graph

TECHNICAL OVERVIEW
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

www.capitalvia.com 40
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
STERLITE

STERLITE
Weekly Pivots

STOCK R2 R1 PP S1 S2
STER 176.07 171.48 166.77 162.18 157.47

Technical Picture

Figure: 40 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 179
else it may also bounce back from lower support levels. SUPPORT 157.50

www.capitalvia.com 41
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
STATE BANK OF INDIA

STATE BANK OF INDIA


Weekly Pivots

STOCK R2 R1 PP S1 S2
SBIN 2712.62 2666.38 2628.42 2582.18 2544.22

Technical Picture

Figure: 41 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 2740
taking any positions in it. SUPPORT 2520

www.capitalvia.com 42
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
SAIL

SAIL
Weekly Pivots

STOCK R2 R1 PP S1 S2
SAIL 163.22 160.78 158.07 155.63 152.92

Technical Picture

Figure: 42 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 169
in coming trading sessions. SUPPORT 153

www.capitalvia.com 43
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
SUN PHARMACEUTICAL

SUN PHARMACEUTICAL
Weekly Pivots

STOCK R2 R1 PP S1 S2
SUNPHARMA 475.23 462.02 448.78 435.57 422.33

Technical Picture

Figure: 43 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 460
can be seen there in the stock. SUPPORT 430

www.capitalvia.com 44
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
SUZLON

SUZLON
Weekly Pivots

STOCK R2 R1 PP S1 S2
SUZLON 52.43 51.07 49.88 48.52 47.33

Technical Picture

Figure: 44 : Nifty50 Graph

TECHNICAL OVERVIEW
Suzlon is trading in sideways trend with 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 RESISTANCE 51
time. SUPPORT 48

www.capitalvia.com 45
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
TCS

TCS
Weekly Pivots

STOCK R2 R1 PP S1 S2
TCS 1221.75 1201.55 1183.4 1163.2 1145.05

Technical Picture

Figure: 45 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 1200
continue in the stock. SUPPORT 1165

www.capitalvia.com 46
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
TATA MOTOR

TATA MOTOR
Weekly Pivots

STOCK R2 R1 PP S1 S2
TATAMOTORS 1221.97 1186.13 1154.07 1118.23 1086.17

Technical Picture

Figure: 46 : Nifty50 Graph

TECHNICAL OVERVIEW
Tata motors has shown sharp selling rally in the day but the stock pulled back in the late
trade. So if the stock manages to sustain above the support level then some upside RESISTANCE 1190
movements can be seen in the stock. SUPPORT 1120

www.capitalvia.com 47
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
TATA STEEL

TATA STEEL
Weekly Pivots

STOCK R2 R1 PP S1 S2
TATASTEEL 665.02 651.23 640.72 626.93 616.42

Technical Picture

Figure: 47 : Nifty50 Graph

TECHNICAL OVERVIEW
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 time. RESISTANCE 655
SUPPORT 625

www.capitalvia.com 48
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
TATA POWER

TATA POWER
Weekly Pivots

STOCK R2 R1 PP S1 S2
TATAPOWER 1331.53 1297.37 1274.83 1240.67 1218.13

Technical Picture

Figure: 48 : Nifty50 Graph

TECHNICAL OVERVIEW
Tata power continued to trade 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

www.capitalvia.com 49
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
SESA GOA

SESA GOA
Weekly Pivots

STOCK R2 R1 PP S1 S2
SESAGOA 341.87 335.63 328.67 322.43 315.47

Technical Picture

Figure: 49 : Nifty50 Graph

TECHNICAL OVERVIEW
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 RESISTANCE 341
stock. A short term correction is expected in the stock. SUPPORT 314

www.capitalvia.com 50
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

WEEK AHEAD
WIPRO

WIPRO
Weekly Pivots

STOCK R2 R1 PP S1 S2
WIPRO 448.67 443.13 439.37 433.83 430.07

Technical Picture

Figure: 50 : Nifty50 Graph

TECHNICAL OVERVIEW
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

www.capitalvia.com 51
WEEKLY
31st Jan to 04th Feb 2011
RESEARCH

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 liability) for errors of fact or opinion. Users have the right to choose the product/s that
suits them the most.

Investment in Stocks has its own risks. 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. We, however, do not
vouch for the accuracy or the completeness thereof. This material is for personal information and we are not
responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which
may arise from the recommendations above.

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.

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

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.

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.

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

All Rights Reserved.

www.capitalvia.com 52

Вам также может понравиться