Quotes with Resistance & Support
Market Information

Technical view on top 50 traded stocks

This article was posted on May 28, 2011 and is filed under Market News

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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