1 of 52

STOCK - ACC

R2

R1

PP

S1

S2

1175.13

1147.72

1122.58

1095.17

1070.03

Figure: Daily Graph - ACC

The stock has shown downward movement this week. It now has resistance at 1150, and has support at 1090. If the stock manages to sustain at current levels then it is expected to take support at lower levels and bounce back after a continuous down rally. One should wait for sometime in stock till it consolidates at either side levels.

RESISTANCE

SUPPORT

1150

1090

2 of 52

STOCK - AMBUJA

CEMENT

R2

R1

PP

S1

S2

157.93

152.22

146.68

140.97

135.43

Figure: Daily Graph - AMBUJA CEMENT

The stock has shown downward movement but later recovered at the end of the week. It is now facing a resistance at 153. If it manages to sustain at this level then a short term recovery is expected else the breaching of support level may stock further down. One should avoid entering at this level till the stock confirms its recovery.

RESISTANCE

SUPPORT

153

140

3 of 52

STOCK - AXIS

BANK

R2

R1

PP

S1

S2

1012.15

989.7

955.4

932.95

898.65

Figure: Daily Graph - AXIS BANK

The stock has shown recovery in this week. It now has resistance at 981 crossing of which may take stock further upwards. It is expected to bounce back from these levels and may show some recovery after continuous down rally. One should wait for sometime in stock till it crosses at either side levels, as it may remain volatile in this range.

RESISTANCE

SUPPORT

981

935

4 of 52

STOCK - BAJAJ

AUTO

R2

R1

PP

S1

S2

1767.55

1703.4

1634.6

1570.45

1501.65

Figure: Daily Graph - BAJAJ AUTO

The stock has shown either side movement during the week and ended up on a negative note. The stock managed to sustain at support level and tried to recover. It now has a support at 1610 breaching of which may take stock to further down levels while if it consolidates for a while a short term recovery could be expected.

RESISTANCE

SUPPORT

1700

1610

5 of 52

STOCK - BHARTI

AIRTEL

R2

R1

PP

S1

S2

416.25

395.7

375.25

354.7

334.25

Figure: Daily Graph - BHARTI AIRTEL

The stock was week at starting of week and showed downward movement but it recovered later. It is still looking week on charts. The stock is now facing a resistance at 389 and has support at 365. If it sustains at this level for a while a short term recovery is expected. One should avoid entering till the stock confirms its recovery at this level.

RESISTANCE

SUPPORT

389

365

6 of 52

STOCK - BHEL

R2

R1

PP

S1

S2

296.35

283.2

264.6

251.45

232.85

Figure: Daily Graph - BHEL

The stock has shown either side movement during the week. The stock has been recovering from the lower levels and if it manages to sustain at current levels then a short term recovery is expected in the stock. It is now facing a resistance at 280 and support at 259. The stock is looking bearish on charts below the support level. One should wait for some consolidation in the stock.

RESISTANCE

SUPPORT

280

259

7 of 52

STOCK - BPCL

R2

R1

PP

S1

S2

551.62

535.13

510.87

494.38

470.12

Figure: Daily Graph - BPCL

The stock remained range bound during the week and ended up on a positive note. It is now facing a support at 485. The stock has been consolidating with positive biasness from past few trading sessions .If it sustains at this level then one could expect a short term recovery in coming trading sessions.

RESISTANCE

SUPPORT

530

485

8 of 52

STOCK - CAIRN

INDIA

R2

R1

PP

S1

S2

322.6

310.35

297.4

285.15

272.2

Figure: Daily Graph - CAIRN INDIA

The stock remained volatile during the week. The stock is now facing a resistance at 316 and support at 283. It has taken support at lower levels and bounced back. If it sustains at this levels then a short term recovery is expected. Else it may remain volatile in this range. So, one should wait for crossing of either side levels.

RESISTANCE

SUPPORT

316

283

9 of 52

STOCK - CIPLA

R2

R1

PP

S1

S2

331.1

323.5

315.4

307.8

299.7

Figure: Daily Graph - CIPLA

The stock has shown consolidated movement during the week and ended up on a positive note. As mentioned previously it has crossed its resistance level and made a high of 323. It is now facing a resistance at 325 and support at 305. If it manages to sustain at current level then it is expected to show further upward movement. One should for crossing of the levels before taking any position in the stock.

RESISTANCE

SUPPORT

325

305

10 of 52

STOCK - COAL

INDIA

R2

R1

PP

S1

S2

325.42

316.98

305.87

297.43

286.32

Figure: Daily Graph - COAL INDIA

The stock has a consolidated and at last day of week made high of 314 and closes on positive side. As overall trend is bearish below the support level stock is looking weak one may go for selling after breaching of support level.

RESISTANCE

SUPPORT

317

294

11 of 52

STOCK - DLF

R2

R1

PP

S1

S2

222.4

213.05

201.85

192.5

181.3

Figure: Daily Graph - DLF

The stock has shown downward movement during the week but ended with a short recovery. It is now facing a resistance at 220 and has support at 188. The stock is looking week on charts and is expected to show some downward movement if fails to sustain at current level. One should avoid entering in stock at current level until it consolidates at either side levels.

RESISTANCE

SUPPORT

220

188

12 of 52

STOCK - DR

REDDY LABORATORIES

R2

R1

PP

S1

S2

1653.27

1596.53

1548.27

1491.53

1443.27

Figure: Daily Graph - DR REDDY LABORATORIES

DR REDDY is trading with the major sideways trend showing volatility in terms of price movement, where throughout the week it traded in a particular range having support at the level of 1492 and facing resistance at 1557. With the current negative biasness in the stock it is expected to trade near its support level or may even breach it confirming the downside movement.

RESISTANCE

SUPPORT

1557

1492

13 of 52

STOCK - GAIL

INDIA

R2

R1

PP

S1

S2

404.67

394.73

380.87

370.93

357.07

Figure: Daily Graph - GAIL INDIA

The stock is trading red with the bearish trend. In the weekly trading session it managed to sustain at the lower levels of 367 by showing some consolidation. As the stock is experiencing negativity in it, it may further show downside movement if it is able to breach the support level. It is currently facing resistance at the level of 396.

RESISTANCE

SUPPORT

396

367

14 of 52

STOCK - GRASIM

INDUSTRIES

R2

R1

PP

S1

S2

2405.87

2338.83

2271.97

2204.93

2138.07

Figure: Daily Graph - GRASIM INDUSTRIES

Throughout the week the stock has shown negative biasness with a moderate loss having support at the levels of 2205. It is currently facing resistance at the level of 2349 above which the stock is likely to show an upside movement. One may hold for a while for any entry into the stock until it crosses either of the levels as it is predicted to consolidate with the sideways trend.

RESISTANCE

SUPPORT

2349

2205

15 of 52

STOCK - HCL

TECHNOLOGIES

R2

R1

PP

S1

S2

417.8

402.25

387.45

371.9

357.1

Figure: Daily Graph - HCL TECHNOLOGIES

HCL Technologies is currently showing negative biasness. Technically, down the support level of 372 it is looking weak on charts where one can go for a sell position. Throughout the week it strongly resisted at the levels of 403. In the upcoming weekly session, if it continues to trade with the bearish trend it may breach its support level and move further downward.

RESISTANCE

SUPPORT

403

372

16 of 52

STOCK - HDFC

BANK

R2

R1

PP

S1

S2

477.43

454.17

432.73

409.47

388.03

Figure: Daily Graph - HDFC BANK

HDFC Bank has broken the continuity of trading with the sideways trend from the past many trading sessions by breaching the major support level of 436, making weekly low of 411. One can wait in the stock as some more consolidation is expected in the forth coming sessions.

RESISTANCE

SUPPORT

436

411

17 of 52

STOCK - HERO

MOTOCORP

R2

R1

PP

S1

S2

2290.07

2163.13

2093.07

1966.13

1896.07

Figure: Daily Graph - HERO MOTOCORP

Presently the stock is moving with the sideways trend showing volatility in terms of price fluctuation. Throughout the week it traded with the negative biasness with a net loss of almost 190 points. It is having support at the level of 2023 and facing strong resistance at the level of 2250. In the forth coming weekly session one may wait in the stock until it manages to breach either of the levels.

RESISTANCE

SUPPORT

2250

2023

18 of 52

STOCK - HINDALCO

INDUSTRIES

R2

R1

PP

S1

S2

127.5

120.5

116.65

109.65

105.8

Figure: Daily Graph - HINDALCO INDUSTRIES

The stock is showing price volatility with the continuous downside movement having support at the lower levels of 106. In the forthcoming weekly session if it manages to trade with the negative biasness it may move further down breaching its immediate support at every level.

RESISTANCE

SUPPORT

128

106

19 of 52

STOCK - HINDUSTAN

UNILEVER

R2

R1

PP

S1

S2

400.43

388.12

380.68

368.37

360.93

Figure: Daily Graph - HINDUSTAN UNILEVER

The stock has tried to show some correction in the weekly trading session after facing resistance at the higher levels of 404. It is having immediate support at the level of 371. Although the present nature of the stock is negative, it may take a bounce back from its support level or else it may sustain at this level with some consolidation.

RESISTANCE

SUPPORT

404

371

20 of 52

STOCK - HOUSING

DEVELOPMENT FINANCE

R2

R1

PP

S1

S2

661.38

637.57

622.08

598.27

582.78

Figure: Daily Graph - HOUSING DEVELOPMENT FINANCE

The stock is highly volatile in terms of price fluctuations. It managed to show negative biasness in the weekly trading session with a moderate loss, now having support at the lower levels of 607. As it is trading near to its support level it may manage to breach it or may even bounce back from this level.

RESISTANCE

SUPPORT

626

607

21 of 52

STOCK - ICICI

BANK

R2

R1

PP

S1

S2

787.4

752.8

731.4

696.8

675.4

Figure: Daily Graph - ICICI BANK

ICICI BANK showed a steep fall in its prices after breaching the support levels of 761 in the weekly trading session. It is now having support at the level of 710, which can be again broken if the stock continues to trade with the present nature. One may expect a recovery in the stock if it manages to sustain at its support level.

RESISTANCE

SUPPORT

761

710

22 of 52

STOCK - IDFC

R2

R1

PP

S1

S2

116

111.25

106.25

101.5

96.5

Figure: Daily Graph - IDFC

IDFC moved with downside biasness last week and closed with negative note, making weekly low of 101.45. The stock may face resistance from the level of 111 and it has support level at 100. It is expected to remain range bound in short term, also short term correction can be seen.

RESISTANCE

SUPPORT

111

100

23 of 52

STOCK - INFOSYS

R2

R1

PP

S1

S2

2828.7

2714.2

2650.4

2535.9

2472.1

Figure: Daily Graph - INFOSYS

INFOSYS showed volatile trading session last week and closed with moderate loss. The stock now has resistance level at 2765 and support level at 2585. It is expected to consolidate and remain range bound; also crossing of resistance level may take the stock at higher level.

RESISTANCE

SUPPORT

2765

2585

24 of 52

STOCK - ITC

R2

R1

PP

S1

S2

208.08

200.17

194.73

186.82

181.38

Figure: Daily Graph - ITC

ITC consolidated with negative biasness all through last week and closed with negative note. The stock may face resistance from the level of 201 and it has support level at 189. In short term is expected to consolidate and remain range bound. Breaching of support level may take the stock at lower levels.

RESISTANCE

SUPPORT

201

189

25 of 52

STOCK - JAIPRAKASH

ASSOCIATES

R2

R1

PP

S1

S2

66.77

63.73

61.27

58.23

55.77

Figure: Daily Graph - JAIPRAKASH ASSOCIATES

JPASSOCIATES showed volatile movements during last week, closed with negative biasness. The stock now has resistance level at 64 and may take support from the level of 58. In short term it is expected to remain volatile, and may test its support level.

RESISTANCE

SUPPORT

64

58

26 of 52

STOCK - JINDAL

STEEL AND POWER

R2

R1

PP

S1

S2

572.15

529.7

507.35

464.9

442.55

Figure: Daily Graph - JINDAL STEEL AND POWER

JINDAL STEEL AND POWER has a straight downward rally and closes below the 10 day and 50 day moving average. The stock has now resistance level at 519 and may take support from the level of 480. It is expected to consolidate and remain range bound in short term. Technically below the support level, it is looking weak on charts.

RESISTANCE

SUPPORT

519

480

27 of 52

STOCK - KOTAK

MAHINDRA BANK

R2

R1

PP

S1

S2

494.28

470.72

449.43

425.87

404.58

Figure: Daily Graph - KOTAK MAHINDRA bank

KOTAK MAHINDRA BANK showed negative movements last week and took support from the level of 428 then had consolidation. The stock has support level at 424 and resistance level at 458. It is expected consolidate and remain range bound in short term. Also it may test its support level in short term.

RESISTANCE

SUPPORT

458

428

28 of 52

STOCK - L&T

R2

R1

PP

S1

S2

1353.55

1309.75

1242

1198.2

1130.45

Figure: Daily Graph - L&T

L&T moved in uptrend last week making weekly high of 1285. The stock may face resistance from the level of 1298 and it has support level at 1175. In short term it is expected to consolidate and remain range bound, also crossing of support level may take the stock at lower levels.

RESISTANCE

SUPPORT

1298

1175

29 of 52

STOCK - M&M

R2

R1

PP

S1

S2

773.82

740.03

710.62

676.83

647.42

Figure: Daily Graph - M&M

M&M continued its down rally in last week, manage to close at nominal loss and made weekly low of 681.65. The stock now has support level at 679 and resistance level at 730. It is expected to consolidate with negative biasness in short term, and may test its support level.

RESISTANCE

SUPPORT

730

679

30 of 52

STOCK - MARUTI

R2

R1

PP

S1

S2

1027.98

988.97

959.98

920.97

891.98

Figure: Daily Graph - MARUTI

MARUTI had negative side movements last week though in last session it showed correction, overall it closed with moderate loss. The stock has resistance level at 998 and support level at 943. In short term it is expected to consolidate and remain range bound.

RESISTANCE

SUPPORT

998

943

31 of 52

STOCK - NTPC

R2

R1

PP

S1

S2

168

162.45

157.25

151.7

146.5

Figure: Daily Graph - NTPC

NTPC remained highly volatile last week and closed with moderate loss. The stock has support level at 152 and resistance level at 162. In short term it is expected to consolidate and remain volatile within the range, breaching of support level may take the stock at lower levels.

RESISTANCE

SUPPORT

162

152

32 of 52

STOCK - ONGC

R2

R1

PP

S1

S2

272.13

262.02

251.88

241.77

231.63

Figure: Daily Graph - ONGC

ONGC had a volatile movement during the week and closes on a negative note. Currently it has support level of 241 and resistance level of 258; in short term it may show bearish trend below support level else it may cover from lower levels and can exhibits a bullish trend. One should wait for consolidation in either side before taking any position in the stock.

RESISTANCE

SUPPORT

258

241

33 of 52

STOCK - POWER

GRID CORPORATION

R2

R1

PP

S1

S2

104.03

100.22

97.18

93.37

90.33

Figure: Daily Graph - POWER GRID CORPORATION

The stock falls from higher level during the week but closes on a positive note. It now holding support level of 94 and resistance level of 98, breaching of support may take stock to lower levels while above resistance level it can show some recovery in near future. One should wait before taking any position in the stock.

RESISTANCE

SUPPORT

98

94

34 of 52

STOCK - PUNJAB

NATIONAL BANK

R2

R1

PP

S1

S2

915.9

898.15

877.05

859.3

838.2

Figure: Daily Graph - PUNJAB NATIONAL BANK

After continuous fall in last week the stock consolidates with positive biasness during this week. It now faces resistance at 895 and support at 845. Breaching of support level may take the stock to lower level while above resistance level the stock can exhibit some recovery in near future.

RESISTANCE

SUPPORT

895

845

35 of 52

STOCK - RANBAXY

R2

R1

PP

S1

S2

482.67

461.93

437.07

416.33

391.47

Figure: Daily Graph - RANBAXY

Ranbaxy had a volatile trading session today and closes with moderate gain. Now it is facing resistance at level of 458 and support at 420. One may go for short after breaching of support level.

RESISTANCE

SUPPORT

458

420

36 of 52

STOCK - RELIANCE

COMMUNICATION

R2

R1

PP

S1

S2

77.9

73.7

70.6

66.4

63.3

Figure: Daily Graph - RELIANCE COMMUNICATION

RELIANCE COMMUNICATION showed negative movements last week and made a 52 week low at 67.5. The stock has support level at 65 and resistance level at 72. It is expected consolidate and remain range bound in short term. Also it may test its support level in short term.

RESISTANCE

SUPPORT

72

65

37 of 52

STOCK - RELIANCE

INDUSTRIES

R2

R1

PP

S1

S2

823.2

788.5

769.75

735.05

716.3

Figure: Daily Graph - RELIANCE INDUSTRIES

Reliance Industries showed down rally this week and ended up on a negative note. It is now facing a resistance at 790 and support at 728. Since the stock has been consolidating with negative biasness from past few trading sessions, it is expected to show down rally. One could go for a short position in the stock if it consolidates for sometime at current level.

RESISTANCE

SUPPORT

790

728

38 of 52

STOCK - RELIANCE

INFRASTRUCTURE

R2

R1

PP

S1

S2

430.37

413.23

399.87

382.73

369.37

Figure: Daily Graph - RELIANCE INFRASTRUCTURE

The stock has shown downward movement during the week and ended up on a negative note. The stock is now facing a resistance at 421 and has support at 384. The stock is looking bearish on the charts and is consolidating with negative biasness. Breaching of support levels may take stock take stock further downwards. Else it could also bounce back taking support at lower levels if it manages to sustain at current levels.

RESISTANCE

SUPPORT

421

384

39 of 52

STOCK - RELIANCE

POWER

R2

R1

PP

S1

S2

95.93

90.57

87.63

82.27

79.33

Figure: Daily Graph - RELIANCE POWER

Technically the stock is looking weak below the support level of 83 as currently it is showing negative biasness and having strong support at the same level with the consolidated movement. In the upcoming sessions if it manages to trade with the negativity it may trade below the support level and move downward confirming the bearish trend.

RESISTANCE

SUPPORT

93

83

40 of 52

STOCK - SESA

GOA

R2

R1

PP

S1

S2

192.2

181.85

173.6

163.25

155

Figure: Daily Graph - SESA GOA

SESA GOA is experiencing downward movement from past many sessions, where in the weekly trading session it managed to sustain at the lower levels of 165 with some consolidation. Above the resistance level of 184 it may show an upside movement.

RESISTANCE

SUPPORT

184

165

41 of 52

STOCK - SIEMENS

R2

R1

PP

S1

S2

781.63

735.37

693.68

647.42

605.73

Figure: Daily Graph - SIEMENS

After falling from higher levels the stock consolidates in the end of the week and closes on a positive note. It now has support of 650 and resistance of 700. In near future recovery from lower levels can be expected in the stock and the stock can bounce back after taking support at lower level.

RESISTANCE

SUPPORT

700

650

42 of 52

STOCK - STATE

BANK OF INDIA

R2

R1

PP

S1

S2

1777.97

1734.28

1680.77

1637.08

1583.57

Figure: Daily Graph - STATE BANK OF INDIA

SBI consolidates with negative biasness during the week and remains range bound but closes with positive note. Currently it faces support level at 1627 and resistance at 1725, the stock can exhibits recovery from lower level by taking support from lower level while breeching of support may take stock to lower level.

RESISTANCE

SUPPORT

1725

1627

43 of 52

STOCK - STEEL

AUTHORITY OF INDIA

R2

R1

PP

S1

S2

98.2

90.15

85.85

77.8

73.5

Figure: Daily Graph - STEEL AUTHORITY OF INDIA

Steel authority of India exhibits bearish trend all through the week. It has next support level at 79, below this support level the stock can show further bearish trend. It faces resistance at 88. To show recovery the stock needs to consolidate as because of continuous fall the stock loses its strength.

RESISTANCE

SUPPORT

88

79

44 of 52

STOCK - STERLITE

INDUSTRIES

R2

R1

PP

S1

S2

110.52

105.28

102.22

96.98

93.92

Figure: Daily Graph - STERLITE INDUSTRIES

The stock consolidates with negative biasness throughout the week and closes with negative note only. It now faces resistance at 105 and support at 94, the stock may had further bearish trend after breaching of support level else it can show recovery if it manages to hold this support level.

RESISTANCE

SUPPORT

105

94

45 of 52

STOCK - SUN

PHARMACEUTICALS

R2

R1

PP

S1

S2

516.9

504.4

495.25

482.75

473.6

Figure: Daily Graph - SUN PHARMACEUTICALS

Sun pharmaceutical shows consolidating movement during the week and closes with negative note on the chart. In near future it may exhibit bearish trend below support level else above resistance level it can show bullish trend. It faces resistance at 509 while support at 486.

RESISTANCE

SUPPORT

509

486

46 of 52

STOCK - TATA

CONSULTANCY SERVICES

R2

R1

PP

S1

S2

1122.5

1093.2

1067.1

1037.8

1011.7

Figure: Daily Graph - TATA CONSULTANCY SERVICES

The stock consolidates and remains range bound during the week. Currently it has support of 1040 and resistance of 1100. One should wait for consolidation of either side to take any position in the stock. Breaching of support may take stock to lower level while above resistance level it may show some positive move on chart.

RESISTANCE

SUPPORT

1110

1040

47 of 52

STOCK - TATA

MOTORS

R2

R1

PP

S1

S2

190.25

181.05

170.6

161.4

150.95

Figure: Daily Graph - TATA MOTORS

Tata motors consolidate in a bullish trend during the week but closes on a negative note. In near future bullish trend can be expected in the stock above resistance level. It now has resistance level at 184 and support level at 160. Below support level it can go further down.

RESISTANCE

SUPPORT

184

160

48 of 52

STOCK - TATA

POWER

R2

R1

PP

S1

S2

101.37

96.83

93.47

88.93

85.57

Figure: Daily Graph - TATA POWER

The stock falls in the beginning of the week then taken support at lower level and closes on a positive note. It now faces the support level of 90, breaching of support level may take the stock to further lower level else it may shows recovery from lower levels in near future. It now faces resistance at 95.

RESISTANCE

SUPPORT

95

90

49 of 52

STOCK - TATA

STEEL

R2

R1

PP

S1

S2

412.92

393.93

380.47

361.48

348.02

Figure: Daily Graph - TATA STEEL

Tata steel had a bearish trend during week and shows downward movement on the chart. It now has resistance level at 400 and support level at 367. In short term further bearish trend can be expected in the stock below support level else it may take support of lower level to show some recovery in near future.

RESISTANCE

SUPPORT

400

367

50 of 52

STOCK - WIPRO

CORPORATION

R2

R1

PP

S1

S2

389.15

379.55

370.4

360.8

351.65

Figure: Daily Graph - WIPRO CORPORATION

The stock shows consolidated movement on the chart during the week and moves in a tight range. In upcoming session bullish trend can be expected in the stock above the resistance level. It now has resistance level at 380 and support level at 360, breaching of support can take the stock to lower level.

RESISTANCE

SUPPORT

380

360

51 of 52

52 of 52