Upload
dasherno1
View
219
Download
0
Embed Size (px)
Citation preview
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
1/52www.capitalvia.c
om
G LO BA L RESEA RCH LTD .
WEEKLYWEEKLY
STOCKS REPORTS31st Jan - 04t h Feb 201 1
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
2/52
Technical Picture
Figure: 1 : Nifty50 Graph
WEEKLY
31st Jan t o 04th Feb 2011
www.capitalvia.com
R ES EA R C H
2
TECHNICAL OVERVIEW
ACCWEEKAHEAD
Weekly Pivots
ACC
The stock had an either side movement throughout this week. It now has major support at
968, breach of this level may continue the bearish trend for the stock else it faces resistance
at 1052, crossing of this level may take the stock further upward.
RESISTANCE 1052
SUPPORT 968
STOCK R2 R1 PP S1 S2
ACC 1045.72 1018.93 1001.97 975.18 958.22
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
3/52
Technical Picture
Figure: 2 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
3
TECHNICAL OVERVIEW
AMBUJA CEMENTWEEKAHEAD
Weekly Pivots
AMBHUJA
CEMENT
The stock moved in a sideways trend throughout this week. It now faces resistance at 134.50
while support at 123. One has to wait for crossing of levels on either side before taking any
positions in it.
RESISTANCE 134.50
SUPPORT 123
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
AMBUJACEM 133.78 130.87 128.98 126.07 124.18
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
4/52
Technical Picture
Figure: 3 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
4
TECHNICAL OVERVIEW
AXISWEEKAHEAD
Weekly Pivots
AXIS
The stock moved with negative biasness this week. it has next support at 1230; breach of
this level may continue the bearish trend for the stock while it faces resistance at 1351,
crossing of this level may take up the stock. One has to wait for crossing of levels on either
side.
RESISTANCE 1351
SUPPORT 1255
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
AXISBANK 1328.07 1290.78 1267.12 1229.83 1206.17
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
5/52
Technical Picture
Figure: 4 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
5
TECHNICAL OVERVIEW
BAJAJ AUTOWEEKAHEAD
Weekly Pivots
BAJAJAUTO
The stock moved with negative biasness this week. The stock has tried to take resistance at
lower is now moving in a down trend. It has resistance at 1352; crossing of this level may
take the stock further up while it has support at 1220, breach of which may take the stock
further down. One has to wait for crossing of levels on either side before taking any position.
RESISTANCE 1352
SUPPORT 1220
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
BAJAJ-AUTO 1308.88 1284.77 1264.88 1240.77 1220.88
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
6/52
Technical Picture
Figure: 5 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
6
TECHNICAL OVERVIEW
BHELWEEKAHEAD
Weekly Pivots
BHEL
The stock has strong quarterly results this week and so had a push from lower levels earlier
this week. While afterwards it took resistance at higher levels and had a downfall. It has next
support at 2100; breach of this level may take the stock further southward.
RESISTANCE 2320
SUPPORT 2100
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
BHEL 2276.35 2214.25 2172.9 2110.8 2069.45
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
7/52
Technical Picture
Figure: 6 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
7
TECHNICAL OVERVIEW
BPCLWEEKAHEAD
Weekly Pivots
BPCL
The stock had tried to take support at lower levels and moved in an up rally this week. As
mentioned for this stock, one could hold the long positions in the stock as it is expected to
continue its bullish trend and may move till the levels of 650-660 in coming t rading sessions.
RESISTANCE 650
SUPPORT 590
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
BPCL 650.55 641.5 630.85 621.8 611.15
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
8/52
Technical Picture
Figure: 7 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
8
TECHNICAL OVERVIEW
BHARTI AIRTELWEEKAHEAD
Weekly Pivots
BHARTIAIRTEL
The stock moved with negative biasness this week. It has next support at the level of 320;
breach of this level may take the stock further downward else it may also bounce back from
lower support levels.
RESISTANCE 341
SUPPORT 320
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
BHARTIARTL 337.08 332.17 327.33 322.42 317.58
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
9/52
Technical Picture
Figure: 8 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
9
TECHNICAL OVERVIEW
CIPLAWEEKAHEAD
Weekly Pivots
CIPLA
The stock moved with negative biasness this week. It managed to breach its major support
level of 335 and made a low of 324.75, it now has major support at 322, breach of this may
continue the bearish trend for the stock else it may get bounce back from its lower support
levels.
RESISTANCE 350
SUPPORT 322
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
CIPLA 349.73 342.42 333.58 326.27 317.43
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
10/52
Technical Picture
Figure: 9 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
10
TECHNICAL OVERVIEW
CAIRNWEEKAHEAD
Weekly Pivots
CAIRN
The stock is being consolidating within a range of 348 to 330 from last many trading
sessions. It managed to cross its support level of 330 in today's trading session and made a
low of 323, one could hold the short positions in the stock it is expected to continue its
bearish trend and move till the levels of 319-315 in coming t rading sessions.
RESISTANCE 340
SUPPORT 319
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
CAIRN 337.67 332.33 327.67 322.33 317.67
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
11/52
Technical Picture
Figure: 10 : Nifty50 Graph
www.capitalvia.com
R ES EA R C H
11
TECHNICAL OVERVIEW
DLFWEEKAHEAD
Weekly Pivots
DLF
The stock had a steep downfall and has lost up to 11.62% in this week. It has next support at
210, breach of this level may continue the bearish trend of the stock else it may also bounce
back from lower support levels.
RESISTANCE 256
SUPPORT 210
STOCK R2 R1 PP S1 S2
WEEKLY
31st Jan t o 04th Feb 2011
DLF 249.3 235.8 226.3 212.8 203.3
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
12/52
Technical Picture
Figure: 11 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
DR REDDYWEEKAHEAD
Weekly Pivots
DRREDDY
Dr.Reddy has continued to trade with the negative bias. The stock bounced back from the
support level of 1520 and if continues to sustains above the level then some more upside
movements can be there.
RESISTANCE 1590
SUPPORT 1520
STOCK R2 R1 PP S1 S2
www.capitalvia.com 12
WEEKLY
31st Jan t o 04th Feb 2011
DRREDDY 1593.57 1578.43 1551.87 1536.73 1510.17
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
13/52
Technical Picture
Figure: 12 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
GAIL INDIAWEEKAHEAD
Weekly Pivots
DRREDDY
GAIL India has bearish trend. The stock taking support at 445 below this if the stock price
sustains then some more downside can be seen there in the stock. RESISTANCE 460
SUPPORT 445
STOCK R2 R1 PP S1 S2
www.capitalvia.com 13
WEEKLY
31st Jan t o 04th Feb 2011
GAIL 470.67 462.63 453.82 445.78 436.97
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
14/52
Technical Picture
Figure: 13 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
HCLWEEKAHEAD
Weekly Pivots
HCL
HCL has downside breakout in the today's session and the stock closed below the support
level of 495. So if the stock continues to sustain below it then some more downside can be
seen there in the stock.
RESISTANCE 510
SUPPORT 485
STOCK R2 R1 PP S1 S2
www.capitalvia.com 14
WEEKLY
31st Jan t o 04th Feb 2011
WEEKAHEAD
HCLTECH 522.57 507.93 497.37 482.73 472.17
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
15/52
Technical Picture
Figure: 14 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
HDFC BANKWEEKAHEAD
Weekly Pivots
HDFCBANK
HDFC Bank is consolidating at the level of 2000 from the last few trading sessions. So this
will be the crucial support level moving forward for the stock price. The stock is looking risky
and may show some more correction below the level of 2000.
RESISTANCE 2100
SUPPORT 2000
STOCK R2 R1 PP S1 S2
www.capitalvia.com 15
WEEKLY
31st Jan t o 04th Feb 2011
WEEKAHEAD
HDFCBANK 2109.18 2081.72 2061.88 2034.42 2014.58
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
16/52
Technical Picture
Figure: 15 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
HOUSING DEVELOPMENT FINANCEWEEKAHEAD
Weekly Pivots
HOUS
INGDEVELOPMENTFINANCE
Housing Development Finance is consolidating at the level of 635 f rom the last few trading
sessions. So this will be the crucial support level moving forward for the stock price. The
stock is looking risky and may show some more correction below the level of 635. z
RESISTANCE 675
SUPPORT 635
STOCK R2 R1 PP S1 S2
www.capitalvia.com 16
WEEKLY
31st Jan t o 04th Feb 2011
HDFC 686.35 665.8 652.45 631.9 618.55
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
17/52
Technical Picture
Figure: 16 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
HERO HONDAWEEKAHEAD
Weekly Pivots
HERO
HONDA
Hero Honda has continued to trade in bearish trend. The stock is looking weak and trading
with the negative bias. So below the level of 1635 it may show some more downside in the
coming time.
RESISTANCE 1700
SUPPORT 1635
STOCK R2 R1 PP S1 S2
www.capitalvia.com 17
WEEKLY
31st Jan t o 04th Feb 2011
HEROHONDA 1767.45 1712.2 1674.55 1619.3 1581.65
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
18/52
Technical Picture
Figure: 17 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
HINDALCOWEEKAHEAD
Weekly Pivots
HI
NDALCO
Hindalco has sharp downside rally in the today's session. The stock has weak trend and
below the level of 216 the stock may show some more downside in the coming t ime. z RESISTANCE 230
SUPPORT 216
STOCK R2 R1 PP S1 S2
www.capitalvia.com 18
WEEKLY
31st Jan t o 04th Feb 2011
HINDALCO 241.65 232.6 225.1 216.05 208.55
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
19/52
Technical Picture
Figure: 18 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
HULWEEKAHEAD
Weekly Pivots
HUL
HUL has taken support at 267 in the today's session and it shown some upside movements
from there. So if it continues to sustain above the support level then some more upside
movements can be there. z
RESISTANCE 280
SUPPORT 267
STOCK R2 R1 PP S1 S2
www.capitalvia.com 19
WEEKLY
31st Jan t o 04th Feb 2011
HINDUNILVR 279.32 275.63 271.32 267.63 263.32
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
20/52
Technical Picture
Figure: 19 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
ICICI BANKWEEKAHEAD
Weekly Pivots
ICICIBANK
ICICI Bank has bounced back from its strong support of 990. The stock is looking good and
may continue the uptrend to the level of 1060-1075 in the short run. RESISTANCE 1030
SUPPORT 990
STOCK R2 R1 PP S1 S2
www.capitalvia.com 20
WEEKLY
31st Jan t o 04th Feb 2011
WEEKLY
31st Jan t o 04th Feb 2011
ICICIBANK 1050.92 1034.68 1013.97 997.73 977.02
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
21/52
Technical Picture
Figure: 20 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
IDFCWEEKAHEAD
Weekly Pivots
IDFC
IDFC has continued to trade in bearish trend. The stock has closing below the important
support level of 150. So the stock may continue the downtrend to the level of 144-140 in the
short run. So selling on higher level strategy can be good in the stock.
RESISTANCE 152
SUPPORT 144
STOCK R2 R1 PP S1 S2
www.capitalvia.com 21
WEEKLY
31st Jan t o 04th Feb 2011
IDFC 155.35 151.85 149 145.5 142.65
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
22/52
Technical Picture
Figure: 21 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
INFOSYS TECHNOLOGIESWEEKAHEAD
Weekly Pivots
INFOS
YSTECHNOLOGIES
Infosys in today's trading session was moving in a downward trend it was down by 0.90 % . It
is now taking support at 3126 and resistance at 3269 form this level further downside
movement would be expected. It is taking support at 3126 below this level it would might
face more selling pressure else above 3336 it would be in an upward trend.
RESISTANCE 3269
SUPPORT 3126
STOCK R2 R1 PP S1 S2
www.capitalvia.com 22
WEEKLY
31st Jan t o 04th Feb 2011
INFOSYSTCH 3320.35 3244.25 3192.45 3116.35 3064.55
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
23/52
Technical Picture
Figure: 22 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
ITCWEEKAHEAD
Weekly Pivots ITC
ITC in today's trading session manages to trade and close below the 10 days and 50 days
moving averages it was up by 0.21 %. In order to be in an uptrend it has to trade and
consolidate above the 10 days and 50 days moving averages. It has support at 163 below
this level it would be in a bearish trend else above 173 it would be in an upward trend.
RESISTANCE 173
SUPPORT 163
STOCK R2 R1 PP S1 S2
www.capitalvia.com 23
WEEKLY
31st Jan t o 04th Feb 2011
ITC 172.65 170.4 168 165.75 163.35
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
24/52
Technical Picture
Figure: 23 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
JAIPRAKASH ASSOCIATESWEEKAHEAD
Weekly Pivots
JAIPRA
KASHASS
OCIATES
Jaiprakash Associates from the last few t rading session was moving sideways and in today's
trading session it was down by 3.37 % f rom this level further downside of movement would
be expected. It is looking bearish in the coming trading session if it manages to trade below
the support level of 86 else it has resistance at 94 above this level it would be in a bullish
trend.
RESISTANCE 94
SUPPORT 86
STOCK R2 R1 PP S1 S2
www.capitalvia.com 24
WEEKLY
31st Jan t o 04th Feb 2011
JPASSOCIAT 92.15 89.8 87.95 85.6 83.75
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
25/52
Technical Picture
Figure: 24 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
JINDAL STEEL & POWERWEEKAHEAD
Weekly Pivots
JINDALSTEEL&
POWER
It is taking support at the level of 650 from the last few trading session it was moving in a
downward trend in today's trading session it manages to trade below the 10 days and 50
days moving averages form this level further downside movement would be expected. One
can go for short position in it at 650 below this level it would be bearish in trend else above
710 it would might be in a bullish.
RESISTANCE 710
SUPPORT 650
STOCK R2 R1 PP S1 S2
www.capitalvia.com 25
WEEKLY
31st Jan t o 04th Feb 2011
JINDALSTEL 724.65 694.3 674.65 644.3 624.65
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
26/52
Technical Picture
Figure: 25 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
LARSEN AND TOUBROWEEKAHEAD
Weekly Pivots
LAR
SENAND
TOUBRO
L&T in today's trading session was moving in a downward trend it is now trading at 1607.30.
It is looking bearish in the coming trading session if it manages to trade and consolidate
below the support level of 1585 else above 1700 it would might be in a bullish trend.
RESISTANCE 1700
SUPPORT 1585
STOCK R2 R1 PP S1 S2
www.capitalvia.com 26
WEEKLY
31st Jan t o 04th Feb 2011
LT 1673.5 1640.4 1616.9 1583.8 1560.3
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
27/52
Technical Picture
Figure: 26 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
KOTAK MAHINDRA BANKWEEKAHEAD
Weekly Pivots
KOTAK
MAHINDR
ABANK
Kotak Mahindra Bank in today's trading session manages to trade and close below the 10
days and 50 days moving averages. It is now taking support at 370 and resistance at 409. In
order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days
moving averages. One can go for short position in it at 370 below this level it would might be
in a bearish t rend.
RESISTANCE 409
SUPPORT 370
STOCK R2 R1 PP S1 S2
www.capitalvia.com 27
WEEKLY
31st Jan t o 04th Feb 2011
KOTAKBANK 403.02 391.28 382.77 371.03 362.52
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
28/52
Technical Picture
Figure: 27 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
MAHINDRA & MAHINDRAWEEKAHEAD
Weekly Pivots
MAHIN
DRA&MA
HINDRA
It is taking support at 682 and resistance at 735. In today's trading session it manages to
trade below the 10 days and 50 days moving averages and it was down by 4.86 %. It is
looking bearish in the coming trading session one can go for short position in it at 682 else
above 735 it would might be in a bullish trend.
RESISTANCE 735
SUPPORT 682
STOCK R2 R1 PP S1 S2
www.capitalvia.com 28
WEEKLY
31st Jan t o 04th Feb 2011
M&M 761.37 729.63 703.32 671.58 645.27
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
29/52
Technical Picture
Figure: 28 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
MARUTI SUZUKI INDIAWEEKAHEAD
Weekly Pivots
MARUTISUZU
KIINDIA
It is taking support at 1200 and resistance at 1272 from this level further downside
movement would be expected. In order to be in an uptrend it has to trade and consolidate
above the 10 days and 50 days moving averages. One can go for short position in it at 1200
below this level it would might face more selling pressure else it has resistance at 1272 above
this level it would be in a bullish trend.
RESISTANCE 1272
SUPPORT 1200
STOCK R2 R1 PP S1 S2
www.capitalvia.com 29
WEEKLY
31st Jan t o 04th Feb 2011
MARUTI 1292.45 1260.9 1240.45 1208.9 1188.45
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
30/52
Technical Picture
Figure: 29 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
NTPCWEEKAHEAD
Weekly Pivots
NTPC
NTPC after making a low of 185.05 it is continuously moving in an upt rend in today's trading
session it was down by 1.46 % and it manages to trade and consolidate above the 10 days
and 50 days moving averages. It is looking bearish in the coming trading session if it
manages to trade below the support level of 188 below this level it would might face more
selling pressure.
RESISTANCE 198
SUPPORT 188
STOCK R2 R1 PP S1 S2
www.capitalvia.com 30
WEEKLY
31st Jan t o 04th Feb 2011
NTPC 197.68 194.82 193.08 190.22 188.48
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
31/52
Technical Picture
Figure: 30 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
ONGCWEEKAHEAD
Weekly Pivots
ONGC
ONGC is looking weak on charts it is taking resistance at 1150 and support at 1102. In
today's trading session it manages to trade 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 if it manages to trade below the support level of 1102 else above
1150 it would be bullish.
RESISTANCE 1150
SUPPORT 1102
STOCK R2 R1 PP S1 S2
www.capitalvia.com 31
WEEKLY
31st Jan t o 04th Feb 2011
ONGC 1160.13 1146.52 1131.33 1117.72 1102.53
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
32/52
Technical Picture
Figure: 31 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
POWER GRID CORPORATION OF INDIAWEEKAHEAD
Weekly Pivots
POWE
RGRIDCOR
PORATIONOFINDIA
In today's trading session it was down by 2.28 % it is now taking resistance at 100 and
support at 97. It is looking positive in the coming t rading session if it manages to trade and
consolidate above the resistance level of 100 else it has support at 94 below this level it
would might face more selling pressure.
RESISTANCE 100
SUPPORT 94
STOCK R2 R1 PP S1 S2
www.capitalvia.com 32
WEEKLY
31st Jan t o 04th Feb 2011
POWERGRID 100.45 98.5 96.85 94.9 93.25
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
33/52
Technical Picture
Figure: 32 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
PUNJAB NATIONAL BANKWEEKAHEAD
Weekly Pivots
PUNJABNATIONALBANK
PNB from the last few trading session was moving sideways in today's trading session it was
down by 1.34 % and manages to trade and close above the 10 days and 50 days moving
averages. It is taking support at 1074 and resistance at 1166. It is looking bearish in the
coming trading session if it manages to trade below the support level of 1074 else above
1166 it would be bullish.
RESISTANCE 1166
SUPPORT 1074
STOCK R2 R1 PP S1 S2
www.capitalvia.com 33
WEEKLY
31st Jan t o 04th Feb 2011
PNB 1119.4 1106.6 1097.4 1084.6 1075.4
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
34/52
Technical Picture
Figure: 33 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
RANBAXYWEEKAHEAD
Weekly Pivots
R
ANBAXY
Ranbaxy after making a high of 588 it is continuously moving in a downward trend in today's
trading session it was down by 1.05 % . It is now taking support at 489 and resistance at 575
forms this level further downside movement would be expected. One can go for short
position in it at 489 below this level it would might face more selling pressure.
RESISTANCE 575
SUPPORT 489
STOCK R2 R1 PP S1 S2
www.capitalvia.com 34
WEEKLY
31st Jan t o 04th Feb 2011
RANBAXY 559.32 547.38 535.07 523.13 510.82
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
35/52
Technical Picture
Figure: 34 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
RELIANCE CAPITALWEEKAHEAD
Weekly Pivots
RELIANCE
CAPITAL
Reliance capital was down by 4.04 % in today's trading session it was closed near to the
support level of 530 below this level it would be in a downward trend. One can go for short
position in it at 530 else above 600 it would be in a bullish trend.
RESISTANCE 600
SUPPORT 577
STOCK R2 R1 PP S1 S2
www.capitalvia.com 35
WEEKLY
31st Jan t o 04th Feb 2011
RELCAPITAL 575.27 555.78 541.52 522.03 507.77
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
36/52
Technical Picture
Figure: 35 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
RELIANCE COMMUNICATIONWEEKAHEAD
Weekly Pivots
RELIANC
ECOMMUN
ICATION
Reliance communication is looking weak on charts in today's trading session it was down by
2 % from this level further downside movement would be expected. In order to be in an
uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. It is
taking support at 123 below this level it would be in a bearish t rend else above resistance
level of 137 it would be in an uptrend.
RESISTANCE 137
SUPPORT 123
STOCK R2 R1 PP S1 S2
www.capitalvia.com 36
WEEKLY
31st Jan t o 04th Feb 2011
RCOM 129.72 127.43 125.37 123.08 121.02
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
37/52
Technical Picture
Figure: 36 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
RELIANCE INDUSTRIESWEEKAHEAD
Weekly Pivots
R
ELIANCEINDUSTRIES
It is taking resistance at 946 and support at 900 in today's trading session it manage to trade
below the 10 days and 50 days moving averages and it was down by 3.15 % . It is looking
bearish in the coming trading session one can go for short position in at 900 else above 946
it would might be in an upward trend.
RESISTANCE 946
SUPPORT 900
STOCK R2 R1 PP S1 S2
www.capitalvia.com 37
WEEKLY
31st Jan t o 04th Feb 2011
RELIANCE 964.2 938.6 920.3 894.7 876.4
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
38/52
Technical Picture
Figure: 37 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
RELIANCE INFRAUSTRUCTUREWEEKAHEAD
Weekly Pivots
RELIANCEINFRAUSTRUCTURE
Reliance Infra is looking weak on chart in today's trading session it was up by 1.14 % from
this level further downside movement would be expected. It is taking support at 707 and
resistance at 731. Once can go for short position in it at 695 below this it would might face
more selling pressure.
RESISTANCE 772
SUPPORT 695
STOCK R2 R1 PP S1 S2
www.capitalvia.com 38
WEEKLY
31st Jan t o 04th Feb 2011
RELINFRA 746.85 735.7 719.85 708.7 692.85
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
39/52
Technical Picture
Figure: 38 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
RELIANCE POWERWEEKAHEAD
Weekly Pivots
RELIANCEPOWER
The stock is consolidating currently and moving in a range. one has to wait for crossing of
levels on either side before taking any positions in it. RESISTANCE 146
SUPPORT 133
STOCK R2 R1 PP S1 S2
www.capitalvia.com 39
WEEKLY
31st Jan t o 04th Feb 2011
RPOWER 141.83 139.37 137.53 135.07 133.23
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
40/52
Technical Picture
Figure: 39 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
SIEMENSWEEKAHEAD
Weekly Pivots
SIEMENS
The stock had either side movement this week. It now faces resistance at 747 and has
support at 690. One has to wait for crossing of levels on either side. RESISTANCE 747
SUPPORT 690
STOCK R2 R1 PP S1 S2
www.capitalvia.com 40
WEEKLY
31st Jan t o 04th Feb 2011
SIEMENS 778.23 753.12 721.88 696.77 665.53
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
41/52
Technical Picture
Figure: 40 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
STERLITEWEEKAHEAD
Weekly Pivots
STERLITE
The stock had a sharp downfall this week after breaching its support level and lost up to 6%
this week. It faces next support at 157.50, breach of this level may continue its down trend
else it may also bounce back from lower support levels.
RESISTANCE 179
SUPPORT 157.50
STOCK R2 R1 PP S1 S2
www.capitalvia.com 41
WEEKLY
31st Jan t o 04th Feb 2011
STER 176.07 171.48 166.77 162.18 157.47
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
42/52
Technical Picture
Figure: 41 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
STATE BANK OF INDIAWEEKAHEAD
Weekly Pivots
STATEBANKOFINDIA
The stock tried to take support at lower levels earlier and is now consolidating. It has support
at 2640 while resistance at 2740. One has to wait for crossing of levels on either side before
taking any positions in it.
RESISTANCE 2740
SUPPORT 2520
STOCK R2 R1 PP S1 S2
www.capitalvia.com 42
WEEKLY
31st Jan t o 04th Feb 2011
SBIN 2712.62 2666.38 2628.42 2582.18 2544.22
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
43/52
Technical Picture
Figure: 42 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
SAILWEEKAHEAD
Weekly Pivots
SAIL
The stock continued to move in down trend this week. One could hold the short positions in
the stock as it is expected to continue its bearish trend and move till the levels of 157.50-153
in coming trading sessions.
RESISTANCE 169
SUPPORT 153
STOCK R2 R1 PP S1 S2
www.capitalvia.com 43
WEEKLY
31st Jan t o 04th Feb 2011
SAIL 163.22 160.78 158.07 155.63 152.92
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
44/52
Technical Picture
Figure: 43 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
SUN PHARMACEUTICALWEEKAHEAD
Weekly Pivots
SUNPHARMAC
EUTICAL
Sun Pharma has downside breakout in the today's session and the stock closed below the
support level of 460. So if the stock continues to sustain below it then some more downside
can be seen there in the stock.
RESISTANCE 460
SUPPORT 430
STOCK R2 R1 PP S1 S2
www.capitalvia.com 44
WEEKLY
31st Jan t o 04th Feb 2011
SUNPHARMA 475.23 462.02 448.78 435.57 422.33
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
45/52
Technical Picture
Figure: 44 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
SUZLONWEEKAHEAD
Weekly Pivots
SUZLON
Suzlon is trading in sideways trend w ith the negative bias. The stock is looking weak and
below the support level of 48. The stock may show some more downside in the coming
time.
RESISTANCE 51
SUPPORT 48
STOCK R2 R1 PP S1 S2
www.capitalvia.com 45
WEEKLY
31st Jan t o 04th Feb 2011
SUZLON 52.43 51.07 49.88 48.52 47.33
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
46/52
Technical Picture
Figure: 45 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
TCSWEEKAHEAD
Weekly Pivots
TCS
TCS has bullish trend. The stock is consolidating at the higher level with holding support at
1165. The stock if continues to sustain above the support level then upside movements may
continue in the stock.
RESISTANCE 1200
SUPPORT 1165
STOCK R2 R1 PP S1 S2
www.capitalvia.com 46
WEEKLY
31st Jan t o 04th Feb 2011
TCS 1221.75 1201.55 1183.4 1163.2 1145.05
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
47/52
Technical Picture
Figure: 46 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
TATA MOTORWEEKAHEAD
Weekly Pivots
TATA
MOTOR
Tata motors has shown sharp selling rally in t he day but the stock pulled back in the late
trade. So if the stock manages to sustain above the support level then some upside
movements can be seen in the stock.
RESISTANCE 1190
SUPPORT 1120
STOCK R2 R1 PP S1 S2
www.capitalvia.com 47
WEEKLY
31st Jan t o 04th Feb 2011
TATAMOTORS 1221.97 1186.13 1154.07 1118.23 1086.17
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
48/52
Technical Picture
Figure: 47 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
TATA STEELWEEKAHEAD
Weekly Pivots
TA
TASTEEL
Tata steel is confronting selling pressure at the higher level. The stock has weak trend and
below the support level it may show some more downside in the coming t ime. RESISTANCE 655
SUPPORT 625
STOCK R2 R1 PP S1 S2
www.capitalvia.com 48
WEEKLY
31st Jan t o 04th Feb 2011
TATASTEEL 665.02 651.23 640.72 626.93 616.42
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
49/52
Technical Picture
Figure: 48 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
TATA POWERWEEKAHEAD
Weekly Pivots
TATA
POWER
Tata power continued to t rade in bearish trend. The stock is looking weak and below the
support level it may continue the downside momentum in the short run. RESISTANCE 1290
SUPPORT 1220
STOCK R2 R1 PP S1 S2
www.capitalvia.com 49
WEEKLY
31st Jan t o 04th Feb 2011
TATAPOWER 1331.53 1297.37 1274.83 1240.67 1218.13
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
50/52
Technical Picture
Figure: 49 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
SESA GOAWEEKAHEAD
Weekly Pivots
SESAGOA
The stock had an up rally after a good consolidation phase. It faces next resistance at 341;
crossing of this level may take the stock further up. One may go for buy on dip strategy in this
stock. A short term correction is expected in the stock.
RESISTANCE 341
SUPPORT 314
STOCK R2 R1 PP S1 S2
www.capitalvia.com 50
WEEKLY
31st Jan t o 04th Feb 2011
SESAGOA 341.87 335.63 328.67 322.43 315.47
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
51/52
Technical Picture
Figure: 50 : Nifty50 Graph
R ES EA R C H
TECHNICAL OVERVIEW
WIPROWEEKAHEAD
Weekly Pivots
WIPRO
Wipro has continued to trade in bearish trend. The stock is looking weak and below the
support level of 430 it may show some more down fall in the coming time. RESISTANCE 450
SUPPORT 430
STOCK R2 R1 PP S1 S2
www.capitalvia.com 51
WEEKLY
31st Jan t o 04th Feb 2011
WIPRO 448.67 443.13 439.37 433.83 430.07
8/7/2019 Nifty 50 Reports for the Week (31st January - 4th February - 2011)
52/52
R ES EA R C H
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do
not accept any responsibility (or liabilit y) for errors of fact or opinion. Users have the right to choose the product/s that
suits them the most.
Sincere efforts have been made to present the right investment perspective. The
information contained herein is based on Ahead and up on sources that we consider reliable.This material is for personal information and
based upon it & take no responsibility
The stock price projections shown are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice.
Analyst or any person related to CapitalVia might be holding positions in the stocks recommended.
It is understood that anyone who is browsing through the site has done so at his free will and does not read any views
expressed as a recommendation for which either the site or its owners or anyone can be held responsible for.
Any surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in Stocks has its own risks.
We, however, do notvouch for the accuracy or the completeness thereof. we are not
responsible for any loss incurred whatsoever for any financial profits or loss which
may arise from the recommendations above.
CapitalVia does not purport to be an invitation or an offer to buy or sell any financial instrument.
Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report
or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then
Serious Legal Actions can be taken.
WEEKLY
31st Jan t o 04th Feb 2011