Nifty 50 Reports for the Week (13th - 17th December - 2010)

8/8/2019 Nifty 50 Reports for the Week (13th - 17th December - 2010)

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WEEKLY

G LO BA L RESEA RCH LTD .

WEEKLY

STOCKS REPORTS13t h Dec - 18t h Dec 2010


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Technical Picture

Figure: 1 : Nifty50 Graph

WEEKLY

13th Dec to 18th Dec 2010

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R ES EA R C H

2

TECHNICAL OVERVIEW

ACC W E E K A H E A D

Weekly Pivots

A C C

The stock consolidated throughout the week and had an up rally in the last trading session. It

surged more than 8.50% in today's trading session. It managed to cross its resistance and

made a high of 1087.70. Now it is expected to consolidate after showing a continuous up

rally. One could go for buy on dips for this stock.

RESISTANCE 1103

SUPPORT 968

STOCK R2 R1 PP S1 S2

ACC 1153.17 1114.18 1048.72 1009.73 944.27



Technical Picture


WEEKLY


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R ES EA R C H

3

TECHNICAL OVERVIEW

AMBUJA CEMENT W E E K A H E A D

Weekly Pivots

A M B H U J A

C E M E N T

The stock surged up to 6.30% in today's trading session after a long consolidation. It now

faces resistance at 145; crossing of this level may take the stock further up till the levels of

148-150 in near run. One could adopt buy on dip strategy in this stock.

RESISTANCE 145

SUPPORT 127


AMBUJACEM 150.5 146.25 138.55 134.3 126.6



Technical Picture


WEEKLY


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R ES EA R C H

4

TECHNICAL OVERVIEW

AXIS W E E K A H E A D

Weekly Pivots

A X I S

The stock had an up rally in today's trading session and gained up to 6.25% . it now faces

resistance at 1345, crossing of this level may take up the stock till the levels of 1385-1390 in

coming t rading sessions while it has support at 1215.

RESISTANCE 1345

SUPPORT 1215


AXISBANK 1382.52 1353.03 1300.52 1271.03 1218.52



Technical Picture


WEEKLY


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R ES EA R C H

5

TECHNICAL OVERVIEW

BAJAJ AUTO W E E K A H E A D

Weekly Pivots

B A J A J A U T O

The stock managed to cross its support level and moved in a down rally. The stock lost up to

6.80% this week. It now holds support at 1427, breach of this level may take the stock

further down t ill the levels of 1395-1380 in near run.

RESISTANCE 1610

SUPPORT 1427


BAJAJ-AUTO 1552.08 1521.32 1490.23 1459.47 1428.38



Technical Picture


WEEKLY


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R ES EA R C H

6

TECHNICAL OVERVIEW

BHEL W E E K A H E A D

Weekly Pivots

B H E L

The stock moved in sideways trend throughout this week and gained in last trading session

on the back of strong Capital Goods IIP data. If it sustains above the level of 2290, one may

expect northward movement in it else it faces support at 2140, breaching of which may

bring some more selling pressure in the stock.

RESISTANCE 2290

SUPPORT 2140


BHEL 2388.87 2338.33 2246.97 2196.43 2105.07



Technical Picture


WEEKLY


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R ES EA R C H

7

TECHNICAL OVERVIEW

BPCL W E E K A H E A D

Weekly Pivots

B P C L

The stock had either side movement throughout this week. It faces next support at 650;

breach of this level may bring more selling pressure in the stock while it faces resistance at

701, crossing of which may bring some northward movement. One has to wait for crossing

of levels on either side.

RESISTANCE 722

SUPPORT 655


BPCL 695.7 688.2 678.4 670.9 661.1



Technical Picture


WEEKLY


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R ES EA R C H

8

TECHNICAL OVERVIEW

BHARTI AIRTEL W E E K A H E A D

Weekly Pivots

B H A R T I A I R T E L

The stock had downward movement after a good consolidation. It managed to breach its

major support levels and lost more than 4% this week. It now faces support at 320, breach

of this levels may take the stock further down else it may also bounce back from lower

support levels.

RESISTANCE 355

SUPPORT 320


BHARTIARTL 344.33 337.67 331.33 324.67 318.33



Technical Picture


WEEKLY


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R ES EA R C H

9

TECHNICAL OVERVIEW

CIPLA W E E K A H E A D

Weekly Pivots

C I P L A

The stock lost more than 6% this week after making new highs in the previous week. It has

next support at 335; breach of this level may take the stock further down. RESISTANCE 374

SUPPORT 335


CIPLA 380.42 363.93 350.47 333.98 320.52



Technical Picture


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R ES EA R C H

10

TECHNICAL OVERVIEW

CAIRN W E E K A H E A D

Weekly Pivots

C A I R N

The stock consolidated this week. One could go for buying on dip strategy in this stock till it

breaches 307 in downside. It faces resistance at 336; crossing of this level may take up the

stock 340-345 in coming trading sessions.

RESISTANCE 336

SUPPORT 280


WEEKLY


CAIRN 339.45 334.55 326.55 321.65 313.65



Technical Picture


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R ES EA R C H

11

TECHNICAL OVERVIEW

DLF W E E K A H E A D

Weekly Pivots

D L F

The stock had a down rally throughout this week. It now has support at 270, breach of this

level may take down the stock or else it may also bounce back f rom its lower support levels. RESISTANCE 325

SUPPORT 270


WEEKLY


DLF 293.92 287.98 281.57 275.63 269.22



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

DR REDDY W E E K A H E A D

Weekly Pivots

D R R E D D Y

Dr.Reddy has bearish engulfing pattern in it and if sustains below the crucial support level of

1775 then it may show some correction in the coming t ime. RESISTANCE 1835

SUPPORT 1775


www.capitalvia.com 12

WEEKLY


DRREDDY 1862.25 1835.3 1806.05 1779.1 1749.85



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

GAIL INDIA W E E K A H E A D

Weekly Pivots

D R R E D D Y

GAIL India has bearish engulf ing pattern in it and if sustains below the crucial support level

of 480 then it may show some correction in the coming t ime. RESISTANCE 510

SUPPORT 480



WEEKLY


GAIL 508.87 500.73 493.87 485.73 478.87



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HCL W E E K A H E A D

Weekly Pivots

H C L

HCL has bullish trend. The stock is now t rading in the sideways trend with the positive bias.

So a decisive move above the resistance level may continue the uptrend in the coming t ime. RESISTANCE 435

SUPPORT 419



WEEKLY


HCLTECH 447.93 439.87 429.93 421.87 411.93



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HDFC BANK W E E K A H E A D

Weekly Pivots

H D F C B A N K

HDFC Bank has bearish trend. The stock is looking weak and below the level of 2200 it may

continue to trade in downt rend in the coming time. RESISTANCE 2255

SUPPORT 2170



WEEKLY


HDFCBANK 2270.25 2246.3 2208.3 2184.35 2146.35



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HOUSING DEVELOPMENT FINANCE W E E K A H E A D

Weekly Pivots

H O U S

I N G D E V E L O P M E N T F I N A N C E

Housing Development Finance has bearish trend. The stock has closing below the support

level of 675 so it may continue to trade in downtrend in the coming t ime. RESISTANCE 685

SUPPORT 650



WEEKLY


HDFC 681.17 674.88 667.47 661.18 653.77



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HERO HONDA W E E K A H E A D

Weekly Pivots

H E R O

H O N D A

Hero Honda is in consolidation state. The stock took support at the level of 1700 and has

strong closing today. So above the resistance level it may show some upside moments in the

coming time.

RESISTANCE 1815

SUPPORT 1710



WEEKLY


HEROHONDA 1835.4 1810.35 1769.95 1744.9 1704.5



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HINDALCO W E E K A H E A D

Weekly Pivots

H I

N D A L C O

Hindalco bounced back from the support level of 205 and closed on stronger note today. So

above the resistance level it may show some upside moments in the coming t ime. RESISTANCE 218

SUPPORT 205



WEEKLY


HINDALCO 222.83 219.07 212.98 209.22 203.13



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

HUL W E E K A H E A D

Weekly Pivots

H U L

HUL is trading in sideways trend. The stock is not looking lucrative in the short term. So wait

for proper breakout in it . RESISTANCE 305

SUPPORT 288



WEEKLY


HINDUNILVR 303.5 299.75 294.05 290.3 284.6



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

ICICI BANK W E E K A H E A D

Weekly Pivots

I C I C I B A N K

ICICI Bank has bullish engulfing pattern. So above the resistance level the stock may show

some more upside moments in the coming t ime. RESISTANCE 1150

SUPPORT 1090



WEEKLY


ICICIBANK 1178.3 1147.7 1094.4 1063.8 1010.5



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

IDFC W E E K A H E A D

Weekly Pivots

I D F C

IDFC bounced back from the support level of 160 and closed on stronger note today. So

above the resistance level it may show some upside moments in the coming t ime. RESISTANCE 175

SUPPORT 160



WEEKLY


IDFC 181.75 176.95 169.1 164.3 156.45



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

INFOSYS TECHNOLOGIES W E E K A H E A D

Weekly Pivots

I N F O S

Y S T E C H N O L O G I E S

Infosys Technologies in today's trading session moving sideways and it was down by 0.23 %

from this level either upside movement would be expected. It is now taking resistance at

3195 and support at 3100. It is looking bearish in the coming trading session if it manages to

trade below the support level of 3100 else it has resistance at 3195 above this level it would

might be in an uptrend.

RESISTANCE 3195

SUPPORT 3100



WEEKLY


INFOSYSTCH 3185.55 3164.9 3141.35 3120.7 3097.15



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

ITC W E E K A H E A D

Weekly Pivots I T C

In today's trading session it was moving below the 10 days and 50 days moving averages it

was up by 1.79 % . In order to be in an uptrend it has to trade and consolidate above the 10

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

can go for short position in it at 165 else above 171 it would be in an uptrend.

RESISTANCE 171

SUPPORT 165



WEEKLY


ITC 173.3 171.8 169.4 167.9 165.5



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

JAIPRAKASH ASSOCIATES W E E K A H E A D

Weekly Pivots

J A I P R A

K A S H A S S

O C I A T E S

Jaiprakash Associates form the last few trading session was moving in a downward trend. In

today's trading session it was up by 5 % and traded below the 10 days and 50 days moving

averages. It has resistance at 107 and support at 99. One can take a short position in it,

below 99 it would be in a bearish trend.

RESISTANCE 107

SUPPORT 99



WEEKLY


JPASSOCIAT 111.82 108.38 103.32 99.88 94.82



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

JINDAL STEEL & POWER W E E K A H E A D

Weekly Pivots

J I N D A L S T E E L &

P O W E R

It is taking support at the level of 668, from the last few trading session it was moving

sideways in today's trading session it was up by 2.53 % .It is looking bearish in the coming

trading session, one can go for short position in it at 668 else it has resistance at 715 above

this level it would might be in an upward trend.

RESISTANCE 715

SUPPORT 668



WEEKLY


JINDALSTEL 723.15 710.15 690.7 677.7 658.25



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

LARSEN AND TOUBRO W E E K A H E A D

Weekly Pivots

L A R

S E N A N D

T O U B R O

In today's trading session it was up by 0.18 % and closed below 10 days and 50 days moving

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

the coming t rading session, one can go for short position in it at 1915 else it has resistance at

2011 above this level it would be in an uptrend.

RESISTANCE 2011

SUPPORT 1915



WEEKLY


LT 2010.58 1977.17 1948.58 1915.17 1886.58



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

KOTAK MAHINDRA BANK W E E K A H E A D

Weekly Pivots

K O T A K

M A H I N D R

A B A N K

Kotak Mahindra Bank from the last few trading moving sideways in today's trading session it

was up by 4.30 % and closed below the 10 days and 50 days moving averages. It is looking

bearish in the coming trading session one can go for short position in it at 450. It has

resistance at 481 above this level it would be in an uptrend else below 481 it would might

face more selling pressure.

RESISTANCE 481

SUPPORT 450



WEEKLY


KOTAKBANK 489.4 480.8 465.4 456.8 441.4



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

MAHINDRA & MAHINDRA W E E K A H E A D

Weekly Pivots

M A H I N

D R A & M A

H I N D R A

In today's trading session it manages to close below the 10 days and it was up by 2.68 % and

it has very strong support at 750. It is looking bearish in the coming trading session if it

manages to trade below the support level of 750 else above 793 it would be in an uptrend.

RESISTANCE 793

SUPPORT 750



WEEKLY


M&M 806.85 793.8 771.9 758.85 736.95



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

MARUTI SUZUKI INDIA W E E K A H E A D

Weekly Pivots

M A R U T I S U Z U

K I I N D I A

It is taking support at 1365 and resistance at 1450. It is now trading at 1413.25 from the last

few trading session it was moving sideways form this level either side of movement would be

expected. It is looking bullish in the coming trading session if it manages to trade above the

resistance level of 1450 else it has support level of 1365 below this level it would might face

more selling pressure.

RESISTANCE 1450

SUPPORT 1365



WEEKLY


MARUTI 1452.42 1432.83 1399.27 1379.68 1346.12



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

NTPC W E E K A H E A D

Weekly Pivots

N T P C

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

was up by 2.39. It is now taking support at 185 and resistance at 195. It is looking bullish in

the coming trading session one can go for the long position in it at 195 else below 185 it

would be in a bearish trend.

RESISTANCE 195

SUPPORT 185



WEEKLY


NTPC 199.63 196.02 191.13 187.52 182.63



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

ONGC W E E K A H E A D

Weekly Pivots

O N G C

It is in today's trading session it was moving in an uptrend t rend and it was up by 0.03 % . It

has resistance at 1365 and support at 1295. It is looking positive in the coming trading

session if it manages to trade above the resistance level of 1365 else it has support at 1295

below this level it would might face more selling pressure.

RESISTANCE 1365

SUPPORT 1295



WEEKLY


ONGC 1336.43 1329.22 1322.28 1315.07 1308.13



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

POWER GRID CORPORATION OF INDIA W E E K A H E A D

Weekly Pivots

P O W E

R G R I D C O R

P O R A T I O N O F I N D I A

In today's trading session it manages to trade and close below the 10 days and 50 days

moving averages from this level either side of movement would be expected. It is looking

bearish in the coming trading session one can go for short position in it at 94 else it had

resistance at 98 above this level it would might be in a bullish trend.

RESISTANCE 98

SUPPORT 94



WEEKLY


POWERGRID 97.57 96.83 95.72 94.98 93.87



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

PUNJAB NATIONAL BANK W E E K A H E A D

Weekly Pivots

P U N J A B N A T I O N A L B A N K

PNB in today's trading session was taking support at 1153 and resistance at 1216 It is

looking bullish in the coming trading session it manages to t rade above the resistance level

of 1196 else below 1153 it would might be in a downward trend.

RESISTANCE 1196

SUPPORT 1153



WEEKLY


PNB 1246.05 1222.6 1191.55 1168.1 1137.05



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RANBAXY W E E K A H E A D

Weekly Pivots

R

A N B A X Y

Ranbaxy was moving sideways and in todays closed below the 10 days and 50 days moving

averages. It is now taking support at 530 and resistance at 575. In order to be in an uptrend it

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

bearish in the coming trading session one can go for short position in it at 530 else it has

resistance at 572 above this level it would be in an uptrend.

RESISTANCE 572

SUPPORT 530



WEEKLY


RANBAXY 587.87 570.78 551.82 534.73 515.77



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE CAPITAL W E E K A H E A D

Weekly Pivots

R E L I A N C E

C A P I T A L

Reliance Capital from the last few trading session moving in a downward trend and in todays

trading session it closed below the 10 days and 50 days moving averages. It is now taking

resistance at 685 and support at 624.It is looking bearish in the coming trading session if it

manages to t rade and consolidate below the support level of 624 else it has resistance at 685

above this level it would be in an uptrend.

RESISTANCE 685

SUPPORT 624



WEEKLY


RELCAPITAL 689.27 674.13 657.37 642.23 625.47



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE COMMUNICATION W E E K A H E A D

Weekly Pivots

R E L I A N C

E C O M M U N

I C A T I O N

In today's trading session it was up by 3.07 % now it is taking support at 119 and resistance

at 119. It is looking bearish in the coming trading one can go for short position in it at 119

else it has resistance at the level of 131 above this it would might be in a bullish trend.

RESISTANCE 131

SUPPORT 119



WEEKLY


RCOM 133.93 129.97 124.73 120.77 115.53



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE INDUSTRIES W E E K A H E A D

Weekly Pivots

R

E L I A N C E I N D U S T R I E S

It is taking resistance at 1035 and support at 975.It is looking positive in the coming trading

session one can go for long position in at 1035 else below 975 it would might face more

selling pressure.

RESISTANCE 1035

SUPPORT 975



WEEKLY


RELIANCE 1061.73 1042.82 1011.08 992.17 960.43



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE INFRAUSTRUCTURE W E E K A H E A D

Weekly Pivots

R E L I A N C E I N F R A U S T R U C T U R E

Reliance infra from the last few trading session manages to t rade below the 10 days and 50

days moving averages. It is taking support at 750 and resistance at 845. It is looking bearish

in the coming trading session it manages to trade below support level of 750 else it has

resistance at 845 above this level it would might be in an uptrend.

RESISTANCE 845

SUPPORT 750



WEEKLY


RELINFRA 828.22 804.18 777.67 753.63 727.12



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

RELIANCE POWER W E E K A H E A D

Weekly Pivots

R E L I A N C E P O W E R

The stock moved with negative sentiments throughout this week. It now faces support level

at 147.50, breaching of this level may bring some more selling pressure in the stock else it

may also bounce back from lower support levels.

RESISTANCE 170

SUPPORT 147.50



WEEKLY


RPOWER 156.38 154.12 151.23 148.97 146.08



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SIEMENS W E E K A H E A D

Weekly Pivots

S I E M E N S

The stock consolidated with negative sentiments throughout this week. It faces resistance at

815 while major support is seen at 730. One has to wait for crossing of levels on either side. RESISTANCE 815

SUPPORT 730



WEEKLY


SIEMENS 802.95 783.5 769.25 749.8 735.55



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

STERLITE W E E K A H E A D

Weekly Pivots

S T E R L I T E

The stock now faces resistance at 175; crossing of this level may bring some more northward

movement in the stock. So one could go for buying on dip strategy in the stock as it has tried

to take support at lower levels and recovered.

RESISTANCE 175

SUPPORT 157



WEEKLY


STER 169.65 167.1 163.75 161.2 157.85



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

STATE BANK OF INDIA W E E K A H E A D

Weekly Pivots

S T A T E B A N K O F I N D I A

The stock moved in a down rally throughout this week. It breached its major support levels

and so was biased by selling pressure. One could go for sale on higher levels until it crosses

2950 in upside, as it is expected to move till the levels of 2600-2575 in coming trading

sessions.

RESISTANCE 2950

SUPPORT 2575



WEEKLY


SBIN 2799.88 2766.17 2710.83 2677.12 2621.78



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SAIL W E E K A H E A D

Weekly Pivots

S A I L

The stock moved with negative sentiments throughout this week after showing an up rally

previously. It now faces resistance at 188; crossing of this level may bring some more

northward movement in the stock while it faces support at 165.50, breach of this level may

bring some southward movement. One has to wait crossing of levels on either side.

RESISTANCE 188

SUPPORT 165.50



WEEKLY


SAIL 180.87 178.68 175.02 172.83 169.17



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SUN PHARMACEUTICAL W E E K A H E A D

Weekly Pivots

S U N P H A R M A C

E U T I C A L

Sun Pharma is trading in sideways trend with the negative bias. The stock is not looking

lucrative in the short term. So wait for proper breakout in it . RESISTANCE 465

SUPPORT 430



WEEKLY


SUNPHARMA 470.2 459.6 448.4 437.8 426.6



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SUZLON W E E K A H E A D

Weekly Pivots

S U Z L O N

Suzlon after made high of 54.5 is trading with the weak sentiments. The stock is looking

weak and trading below the level of 50. So it may show some more correction in the coming

time.

RESISTANCE 50

SUPPORT 46



WEEKLY


SUZLON 50.95 49.7 47.85 46.6 44.75



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TCS W E E K A H E A D

Weekly Pivots

T C S

TCS is in correction phase. The stock is trading with weak sentiments and below the level of

1060 it may show some more correction in the coming t ime. RESISTANCE 1100

SUPPORT 1060



WEEKLY


TCS 1098.77 1086.83 1071.92 1059.98 1045.07



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TATA MOTOR W E E K A H E A D

Weekly Pivots

T A T A

M O T O R

Tata motors has double top formation in it. The stock is looking weak and below the level of

1210 it may continue the trend to the level of 1150 in the short run. RESISTANCE 1275

SUPPORT 1210



WEEKLY


TATAMOTORS 1298.53 1273.07 1242.53 1217.07 1186.53



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TATA STEEL W E E K A H E A D

Weekly Pivots

T A

T A S T E E L

Tata steel is in consolidation phase. The stock has crucial support level of 600 in the short run

below which some more correction can be seen in the stock price. RESISTANCE 630

SUPPORT 600



WEEKLY


TATASTEEL 638.03 628.52 611.48 601.97 584.93



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

TATA POWER W E E K A H E A D

Weekly Pivots

T A T A

P O W E R

Tata power has bearish trend. The stock is now in a consolidation state so one should wait for

proper breakout in it . RESISTANCE 1315

SUPPORT 1260



WEEKLY


TATAPOWER 1298.15 1290.3 1279.15 1271.3 1260.15



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

SESA GOA W E E K A H E A D

Weekly Pivots

S E S A G O A

The stock is currently moving in a sideways trend. It faces resistance at 314; crossing of this

level may take the stock further up while it faces support at 287 breaching of this level may

bring selling pressure in the stock.

RESISTANCE 314

SUPPORT 287



WEEKLY


SESAGOA 312.07 305.08 296.47 289.48 280.87



Technical Picture


R ES EA R C H

TECHNICAL OVERVIEW

WIPRO W E E K A H E A D

Weekly Pivots

W I P R O

Wipro is trading in bullish trend and has closing above the resistance level of 450. So it may

continue the uptrend in the coming time. RESISTANCE 460

SUPPORT 430



WEEKLY


WIPRO 466.82 458.88 445.97 438.03 425.12



R ES EA R C H

Disclaimer

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WEEKLY


Documents

Nifty 50 Reports for the Week (13th - 17th December - 2010)