Quotes with Resistance & Support
Market Information

Technical View:: Infosys, Bajaj Auto, SBI & GAIL

Posted on: January 19th, 2012 at 2:07 pm

Infosys saw quite a bit of selling pressure after results were out. Corrected from 2900 levels to 2600 levels. This week it managed to hold onto lows of 2580-2600 and is still at these levels. If breaks support at 2580, it can test 2540. On the upside, if holds onto 2580 levels, it can test 2660



Bajaj Auto:
Bajaj Auto has been witnessing selling pressure recently. As of now is finding support at 1420 levels. If breaks 1420 on the downside, it can head lower to 1370. On the upside has resistance at 1500 levels.



SBI has strong resistance at 1900 levels. Crossing 1900 could change the trend of this stock from long term downtrend to intermediate uptrend. above 1900, it can head upto 1980 levels.



Gail is looking weak. It has good support at 360-365 levels. Below 360, it can head lower to 345-347. If manages to hold onto 365, can expect a bounce back to 390



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7 Responses


  1. raiiv varma Says:
    January 20th, 2012
    Posted at: 11:06 pm

    sir what is the tommorqw target of kpit commins please

  2. CB Says:
    January 20th, 2012
    Posted at: 11:58 pm

    Hi raiiv varma, it has support at 142. if breaks this can fall further. on the upside can test 147 if markets are good

  3. ARCHANA Says:
    January 25th, 2012
    Posted at: 1:22 pm

    Hi CB, what is the tomorrow nifty market levels....?

  4. Sohan Says:
    January 26th, 2012
    Posted at: 2:13 am

    Hello CB,

    Please let me know target for Indosolar.


  5. CB Says:
    January 26th, 2012
    Posted at: 2:58 am

    Hi ARCHANA, as of now seems will open a bit higher on Friday.

    Hi Sohan, it can head upto 7.70-8 in near term. looks good technically

  6. kamal Says:
    February 26th, 2012
    Posted at: 11:12 am

    Wht r ur views on lanco infra tomorrow irrespective of market up and down

  7. CB Says:
    February 26th, 2012
    Posted at: 12:17 pm

    Hi kamal, seems may remain a bit flat tomorrow. if markets turn weak can test 20.50. has good support lower near 18

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