Technical view on top 50 traded stocks
Larsen & Tubro (LT) (1638.30) – Good support at 1580 levels. Resistance at 1660 (closing basis)
State bank of India (2234.65) – Support at 2160, Resistance at 2330
ITC (188.95) – Facing strong resistance at 192-195 levels. support at 185
Reliance (945.45) – Strong support at 890. Resistance at 965
Infosys (2787.50) – Support at 2740. Resistance at 2850
ONGC – (282.95) – Support at 272. Resistance at 288
ICICI Bank (1068.15) – Support at 1025, resistance at 1080
HDFC Bank (2303.65) – Support at 2260, resistance at 2315
Coal India (387.90) – Support at 368 and resistance at 400
Tata Steel (585.20) – Support at 565, resistance at 595
IDFC (137.80) – Strong support at 128-130, resistance at 139
Tata motors (1088.85) – Good support at 1060
Divis Laboratories (749.95) – Support at 725. Seems can head upto 770
Tata Coffee (835) – Support at 800, resistance at 865
Bharti Airtel (372.90) – Facing resistance at 375 levels (closing basis). support at 364
Axis Bank (1220.60) – Good support at 1180, resistance at 1230
Canara Bank (536.10) – Support at 520, resistance at 542
LIC housing finance (222.35) – Strong resistance at 225 (closing basis) and support at 212
Ashok Leyland (50.45) – Strong support at 47 and resistance at 51.50
TCS (1144.55) – Resistance at 1160, support at 1120
HDFC (656.30) – Support at 640 and resistance at 660
Hindalco (197.55) – Resistance at 199.
Titan (4178.75) – Good support at 4120
Unitech (33.05) – finding good support at 30.50-31 levels. Resistance at 37
BHEL (1936.90) – Good support at 1900 levels. can expect some bounce from here
DLF (225.20) – Good support at 212. Resistance at 233
Bajaj Auto (1316.50) – Has resistance at 1340 (closing basis) and support at 1280
JSW Steel (937.65) – Resistance at 945, support at 900
JP Associates (82.10) – Resistance at 84.50 and support at 78
Jubilant Foodworks (836.15) – Rallied quite a bit and looks stretched. can expect some profit booking
Hindustan Uniliver (301.95) – Good support at 298 and resistance at 314
Hero Honda (1850.35) – Support at 1800 and resistance at 1875
Reliance Communications (85.05) – Good support at 79-80. can test 90
M&M (704.90) – Support at 690, resistance at 725
Sesa Goa (281.65) – Resistance at 286, support at 272
Yes Bank (296.80) – Resistance at 305
GAIL (434.70) – Resistance at 446, support at 433
Lupin (445.15) – Good support at 433, resistance at 450
HDIL (161.20) – Resistance at 163, support at 154
Voltas (164.65) – Resistance at 169, support at 160
Jet Airways (444.65) – Strong resistance near 465. looks weak. can fall further to 400
Patni (335.40) – Support at 325, resistance at 350
Tata power (1205.40) – Facing strong resistance near 1230
Reliance Infra (558.90) – Support at 528, resistance at 570
IRB infra (151.95) – Support at 147, resistance at 157
Bank Of India (435.75) – Support at 424, resistance at 445
Jindal steel (642.45) – Facing resistance at 650 levels. Strong support at 610
Jindal poly (349.85) – Support at 345, below this can see 325
VIP Industries (748.35) – Good support at 725, can head upto 790 levels.
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