Technicals by Geojit Financial Services

MUMBAI: Geojit Financial Services sees resistance for the 30-share Sensex at 9084 and 9128. On the higher side, it has resistance at 9161, 9214 and 9277. Support is at 9000 and 8972. If the index falls further, it has support at 8856 and 8789.

Nifty has resistance at 2781 and 2792. If the index moves above, it has resistance at 2800 and 2823. Support is at 2750 and 2740. Below, it has support at 2695 and 2655. If it moves below, a free fall is expected.

RECOMMENDATIONS

1) AVENTIS PHARMA (CMP: Rs 877.95) – The stock has support at 848 and 839. (Buy at declines) Resistance at 866, above it can test 879 and 920.

2) MOSER BAER (Rs 56.15) –

Support at 54.10 and 52.50 (Buy at declines). Resistance at 57, above buying can emerge and can test 58.75 and 62.

3) HDFC BANK (Rs 872) –

Support at 872, if moves down, it may find support at 863 and 849. Resistance at 888 and 893. (Sell at higher)

4) TATA POWER (Rs 750) –

Resistance at 751 (Sell at higher). Support at 742, if moves down, it can test 732 and 726. (Sell at higher)

5) IOC (Rs 453.80) –

The stock has resistance at 452, if trades above it can test 459 and 467. Support at 439 and 433. (Buy at declines).

Energy Conservation Consciousness (ECC) Campaign is a step towards better Energy Habits. We can avoid wastages in work area by implementing effortless energy conservation tips to create a more sustainable and greener organization.

Source : Economic Times

Tags: calls, daytrading, free calls, intraday, tips

Similar Posts:

• Reliance Industries enters financial services business
• i-flex solns to be renamed as Oracle Financial Services
• Aditya Birla buys stake in financial services firm
• Oracle Financial Services Software leads gainers in ‘A’ group
• Markets extend gains led by financial shares