nifty 50 reports for the week (9th - 13th may '11)
Post on 08-Apr-2018
215 Views
Preview:
TRANSCRIPT
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
1/52www.capitalvia.co
m
STOCKS REPORTS
Glob al Re se ar ch L imi t e d
WEEKLYWEEKLY
09th May 13th May 2011
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
2/52
Technical Picture
Figure: 1 : Nifty50 Graph
TECHNICAL OVERVIEW
ACCWEEKAHEAD
Weekly Pivots
ACC
The stock had a steep downfall this week and was amongst the top losers in heavyweights
with loss of 12.80%. It now has next support at 960, breach of this level may continue the
bearish trend of the stock else it may also bounce back from lower support levels.
STOCK R2 R1 PP S1 S2
www.capitalvia.com 2
WEEKLY
09th May to 13th May 2011
Globa l Resear ch L im i t ed
RESISTANCE 1010
SUPPORT 960
ACC 1162.78 1070.97 1022.98 931.17 883.18
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
3/52
Technical Picture
Figure: 2 : Nifty50 Graph
www.capitalvia.com 3
TECHNICAL OVERVIEW
AMBUJA CEMENTWEEKAHEAD
Weekly Pivots
AMBHUJA
CEMENT
The stock is moving in a bullish trend. One could hold the long positions in the stock as it is
expected to move till the levels of 162-164 in near term. RESISTANCE 164
SUPPORT 149
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
09th May to 13th May 2011
AMBUJACEM 165.4 151.05 142.55 128.2 119.7
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
4/52
Technical Picture
Figure: 3 : Nifty50 Graph
www.capitalvia.com 4
TECHNICAL OVERVIEW
AXISWEEKAHEAD
Weekly Pivots
AXIS
The stock had a downfall in early trading sessions of the week and is now consolidation.
One should now wait for crossing of levels on either side as it is expected to continue its
consolidation for some trading session.
RESISTANCE 1298
SUPPORT 1180
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
09th May to 13th May 2011
AXISBANK 1332.18 1271.02 1236.83 1175.67 1141.48
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
5/52
Figure: 4 : Nifty50 Graph
www.capitalvia.com 5
TECHNICAL OVERVIEW
BAJAJ AUTOWEEKAHEAD
Weekly Pivots
BAJAJAUTO
The stock had a downfall in early trading sessions of the week and is now consolidation.
Now it has next support at 1275, breach of this level may take the stock further downward
else it may also bounce back from lower support levels.
RESISTANCE 1325
SUPPORT 1275
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
Technical Picture
09th May to 13th May 2011
BAJAJ-AUTO 1574.63 1430.27 1351.98 1207.62 1129.33
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
6/52
Figure: 5 : Nifty50 Graph
www.capitalvia.com 6
TECHNICAL OVERVIEW
BHELWEEKAHEAD
Weekly Pivots
BHEL
The stock has tried to take support at lower levels and is now moving with positive biasness.
One could go for buy on dip strategy as it is expected to continue its bullish trend. RESISTANCE 2095
SUPPORT 2000
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
Technical Picture
09th May to 13th May 2011
BHEL 2063.9 2032.1 2011.05 1979.25 1958.2
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
7/52
Figure: 6 : Nifty50 Graph
www.capitalvia.com 7
TECHNICAL OVERVIEW
BPCLWEEKAHEAD
Weekly Pivots
BPCL
The stock today managed to reach our mentioned levels in today's trading session. It is
currently moving in bullish trend. Its next resistance is at 675, crossing of this level will
continue its bullish trend.
RESISTANCE 675
SUPPORT 640
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
Technical Picture
09th May to 13th May 2011
BPCL 684.32 663.83 644.52 624.03 604.72
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
8/52
Figure: 7 : Nifty50 Graph
www.capitalvia.com 8
TECHNICAL OVERVIEW
BHARTI AIRTELWEEKAHEAD
Weekly Pivots
BHART
IAIRTEL
The stock is currently moving in a bearish trend and ended with a weak note. Now breaching
of next support level 345.50 will bring some more downward movement in the stock. RESISTANCE 370
SUPPORT 345.50
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
Technical Picture
09th May to 13th May 2011
BHARTIARTL 397.77 377.83 365.02 345.08 332.27
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
9/52
Figure: 8 : Nifty50 Graph
www.capitalvia.com 9
TECHNICAL OVERVIEW
CIPLAWEEKAHEAD
Weekly Pivots
CIPLA
Cipla had an either side movement this week. one should wait for crossing of levels on either
side before taking any positions in it. RESISTANCE 316
SUPPORT 295
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
Technical Picture
09th May to 13th May 2011
CIPLA 322.35 313 306.5 297.15 290.65
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
10/52
Figure: 9 : Nifty50 Graph
www.capitalvia.com 10
CAIRNWEEKAHEAD
CAIRN
The stock had an either side movement in this week but ended with a negative note. It now
has major support at 330, breach of this level may take the stock further down. RESISTANCE 345
SUPPORT 330
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
CAIRN 365.47 356.03 349.57 340.13 333.67
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
11/52
Figure: 10 : Nifty50 Graph
www.capitalvia.com 11
DLFWEEKAHEAD
DLF
The stock moved in a downtrend this week. it now may try to take support at lower levels, it
faces next resistance at 223, crossing of this level may take the stock upwards. RESISTANCE 223
SUPPORT 210
STOCK R2 R1 PP S1 S2
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
DLF 235.03 225.12 219.98 210.07 204.93
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
12/52
Figure: 11 : Nifty50 Graph
DR REDDYWEEKAHEAD
DRREDDY
DR REDDY has taken resistance from higher levels last week and has shown steep downfall,
made weekly low of 1559. The stock has resistance level at 1619 and above this level some
upside can be expected in it. It has short term support level at 1550.
RESISTANCE 1619
SUPPORT 1550
STOCK R2 R1 PP S1 S2
www.capitalvia.com 12
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
DRREDDY 1768.55 1674.3 1623.4 1529.15 1478.25
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
13/52
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
14/52
Figure: 13 : Nifty50 Graph
HCLWEEKAHEAD
HCL
HCL has taken resistance from higher levels last week and showed negative movements,
though it recovered little. The stock has resistance level at 513 and support level at 490. It is
expected to show consolidation with negative biasness, also below the support level further
correction can be seen in it.
RESISTANCE 513
SUPPORT 490
STOCK R2 R1 PP S1 S2
www.capitalvia.com 14
WEEKLY
WEEKAHEAD
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
HCLTECH 541.28 518.87 504.48 482.07 467.68
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
15/52
Figure: 14 : Nifty50 Graph
HDFC BANKWEEKAHEAD
HDFCBANK
HDFC Bank has shown downside movement during last week, but in later session it
recovered and closed almost flat. It is expected to consolidate with positive biasness and
above the resistance level at 2340, some upside movement can be expected.
RESISTANCE 2340
SUPPORT 2207
STOCK R2 R1 PP S1 S2
www.capitalvia.com 15
WEEKLY
WEEKAHEAD
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
HDFCBANK 2355.88 2288.17 2247.98 2180.27 2140.08
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
16/52
Figure: 15 : Nifty50 Graph
HOUSING DEVELOPMENT FINANCEWEEKAHEAD
HOUS
INGDEVELOPMENTFINANCE
HDFC is in negative trend from last two weeks, it has resistance level at 685 and support level
at 645. The stock is expected to continue its negative side movement and it may bounce
back taking support from the level of 645.
RESISTANCE 685
SUPPORT 645
STOCK R2 R1 PP S1 S2
www.capitalvia.com 16
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
HDFC 732.38 693.72 672.68 634.02 612.98
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
17/52
Figure: 16 : Nifty50 Graph
HERO HONDAWEEKAHEAD
HERO
HONDA
Hero Honda has shown downside movement in the early trading session's of the last week,
but later it recovered fully and close with moderate gain. The stock has resistance level at
1800 and support level at 1650. It is expected to consolidate with positive biasness and
above the resistance level at 1800, it is looking strong on charts.
RESISTANCE 1800
SUPPORT 1650
STOCK R2 R1 PP S1 S2
www.capitalvia.com 17
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
HEROHONDA 1812.92 1755.18 1665.17 1607.43 1517.42
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
18/52
Figure: 17 : Nifty50 Graph
HINDALCOWEEKAHEAD
HI
NDALCO
Hhindalco has shown negative trend all through the last week and it closed with the loss of
around 6.64%. The stock has major support level at 196 and it seems to bounce back taking
support from this level. It has short term resistance level at 210.
RESISTANCE 210
SUPPORT 196
STOCK R2 R1 PP S1 S2
www.capitalvia.com 18
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
HINDALCO 226.85 214.4 207.35 194.9 187.85
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
19/52
Figure: 18 : Nifty50 Graph
HULWEEKAHEAD
HUL
HUL had volatile trading session last week, overall it was in negative trend and made week
low of 265.90. It has major support level at 264, and it seems to bounce back from this level.
The stock has resistance level is at 282.
RESISTANCE 282
SUPPORT 264
STOCK R2 R1 PP S1 S2
www.capitalvia.com 19
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
HINDUNILVR 295.92 281.73 273.82 259.63 251.72
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
20/52
Figure: 19 : Nifty50 Graph
ICICI BANKWEEKAHEAD
ICICIBANK
ICICI bank showed negative movement last week but recovered later and closed with small
losses. The stock faces resistance from the level of 1108 and it has support level at 1021. It is
expected to consolidate with positive biasness in short term.
RESISTANCE 1108
SUPPORT 1021
STOCK R2 R1 PP S1 S2
www.capitalvia.com 20
WEEKLYWEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
ICICIBANK 1153.73 1091.87 1056.43 994.57 959.13
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
21/52
Figure: 20 : Nifty50 Graph
IDFCWEEKAHEAD
IDFC
IDFC remained in downtrend all through this week and made weekly low of 133.05. Now
the stock has resistance level at 139 and support level at 133. If it continue to sustain above
the support level, a bounce back can be expected.
RESISTANCE 139
SUPPORT 133
STOCK R2 R1 PP S1 S2
www.capitalvia.com 21
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
IDFC 150.88 142.92 137.98 130.02 125.08
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
22/52
Figure: 21 : Nifty50 Graph
INFOSYS TECHNOLOGIESWEEKAHEAD
INFOS
YSTECHNOLOGIES
Infosys from the last few trading session moving in a downward trend; in today's trading
session it was up by 1.56 %. It is now taking resistance at 2910 above this level it would be in
an upward trend. One can go for long position in it at 2910 above this level it might test the
next resistance level of 2965.
RESISTANCE 2965
SUPPORT 2935
STOCK R2 R1 PP S1 S2
www.capitalvia.com 22
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
INFOSYSTCH 3001.03 2924.77 2880.88 2804.62 2760.73
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
23/52
Figure: 22 : Nifty50 Graph
ITCWEEKAHEAD
ITC
ITC has found support at 176 and resistance 191.In today's trading session it manages to
trade below the 10 days and 50 days moving averages and it is now trading at 183.60, from
this level either side of movement would be expected. In order to be in an upward trend it
has to trade and consolidate above the 10 days and 50 days moving averages.
RESISTANCE 191
SUPPORT 176
STOCK R2 R1 PP S1 S2
www.capitalvia.com 23
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
ITC 198.4 190.45 186.05 178.1 173.7
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
24/52
Figure: 23 : Nifty50 Graph
JAIPRAKASH ASSOCIATESWEEKAHEAD
JAIPRA
KASHASS
OCIATES
In today's trading session it was up by 2.49 %, 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 84 else above 88 it would be in an upward trend.
RESISTANCE 88
SUPPORT 84
STOCK R2 R1 PP S1 S2
www.capitalvia.com 24
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
JPASSOCIAT 98.92 91.68 87.02 79.78 75.12
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
25/52
Figure: 24 : Nifty50 Graph
JINDAL STEEL & POWERWEEKAHEAD
JINDALSTEEL&
POWER
Jindal Steel & Power found support at 614 which served as a strong support level; from this
level further upward movement would be expected. In today's trading session it manages to
trade and close below the 10 days and 50 days moving averages. It has resistance at 637
above this level it would be in an upward trend else below 614 it would be in a bearish trend.
RESISTANCE 637
SUPPORT 614
STOCK R2 R1 PP S1 S2
www.capitalvia.com 25
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
JINDALSTEL 681.83 651.87 633.03 603.07 584.23
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
26/52
Figure: 25 : Nifty50 Graph
LARSEN AND TOUBROWEEKAHEAD
LAR
SENAND
TOUBRO
L&T from the last few trading session manages to trade and close below the 10 days and 50
days moving averages. It is taking support at 1500 and resistance at 1613; from this level
further downside movement would be expected. One can go for short position in it at 1500
below this level it might be in a downward trend.
RESISTANCE 1613
SUPPORT 1500
STOCK R2 R1 PP S1 S2
www.capitalvia.com 26
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
LT 1644.42 1588.48 1556.77 1500.83 1469.12
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
27/52
Figure: 26 : Nifty50 Graph
KOTAK MAHINDRA BANKWEEKAHEAD
KOTAK
MAHINDR
ABANK
Kotak Mahindra Bank from the last few trading session was moving in a downward trend, a
positive opening made it to trade above the resistance level of 425, it is looking strong on
charts from this level further upside of movement would be expected. One can go for long
position in it at 436 for the target of 450.
RESISTANCE 436
SUPPORT 400
STOCK R2 R1 PP S1 S2
www.capitalvia.com 27
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
KOTAKBANK 452.2 437.1 419.95 404.85 387.7
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
28/52
Figure: 27 : Nifty50 Graph
MAHINDRA & MAHINDRAWEEKAHEAD
MAHIN
DRA&MA
HINDRA
In today's trading session a positive opening made it to trade above the 50 days moving
averages and it made a high of 721, from this level further upside of movement would be
expected. It is now taking resistance at 721 above this level it would be in an upward trend
else below 684 it would be in a downward trend.
RESISTANCE 721
SUPPORT 684
STOCK R2 R1 PP S1 S2
www.capitalvia.com 28
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
M&M 795.7 744.1 714.2 662.6 632.7
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
29/52
Figure: 28 : Nifty50 Graph
MARUTI SUZUKI INDIAWEEKAHEAD
MARUTISUZU
KIINDIA
Maruti in today's trading session was moving in an upward trend and it manages to trade
and close above the 50 days moving averages; from this level further upside of movement
would be expected. It is now trading at 1273.50.One can go for long position in it at 1290
above this level it might test the next resistance level of 1342.
RESISTANCE 1290
SUPPORT 1235
STOCK R2 R1 PP S1 S2
www.capitalvia.com 29
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
MARUTI 1373.08 1313.47 1274.38 1214.77 1175.68
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
30/52
Figure: 29 : Nifty50 Graph
NTPCWEEKAHEAD
NTPC
After making a high of 188.50 it was continuously moving in a downward trend, in today's
trading session it was up by 0.49 % from this level further upside of movement would be
expected. It is looking strong on charts; one can go for long position in it at 180 above this
level it would be in an upward trend.
RESISTANCE 180
SUPPORT 168
STOCK R2 R1 PP S1 S2
www.capitalvia.com 30
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
NTPC 187.12 180.53 176.77 170.18 166.42
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
31/52
Figure: 30 : Nifty50 Graph
ONGCWEEKAHEAD
ONGC
ONGC battered down to the level of 303.70; from this level further downside of movement
would be expected. It is now looking weak on charts. One can go for short position in it at
300 for the target of 290.
RESISTANCE 316
SUPPORT 300
STOCK R2 R1 PP S1 S2
www.capitalvia.com 31
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
ONGC 329.68 319.82 305.93 296.07 282.18
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
32/52
Figure: 31 : Nifty50 Graph
POWER GRID CORPORATION OF INDIAWEEKAHEAD
POWE
RGRIDCOR
PORATIONOFINDIA
Power Grid form the last trading session it is moving sideways and in today's trading session
it was up by 1.23 %. It is now taking support at 100 and resistance 105, form this level
further downside movement would be expected. One can go for short position in it at 100
for the target of 92.
RESISTANCE 105
SUPPORT 100
STOCK R2 R1 PP S1 S2
www.capitalvia.com 32
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
POWERGRID 109.15 105.5 103.15 99.5 97.15
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
33/52
Figure: 32 : Nifty50 Graph
PUNJAB NATIONAL BANKWEEKAHEAD
PUNJABNATIONALBANK
After making a high of 1235 it is continuously moving in a downward trend, it is now trading
at 1099.90 and it was up by 3.14 %. It has resistance at 1130 and support at 1050. It is
looking bearish in the coming trading session if it manages to trade below the support level
of 1050 else above 1130 it would be in a bullish trend.
RESISTANCE 1130
SUPPORT 1065
STOCK R2 R1 PP S1 S2
www.capitalvia.com 33
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
PNB 1234.02 1150.23 1101.22 1017.43 968.42
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
34/52
Figure: 33 : Nifty50 Graph
RANBAXYWEEKAHEAD
R
ANBAXY
Ranbaxy battered down to 414, from the last two trading session it manages to trade and
close below the 10 days and 50 days moving averages. It is now taking support at 414 and
resistance at 444. It is looking bullish in the coming trading session if it manages to trade
above the resistance level of 444 else below 414 it might face more selling pressure.
RESISTANCE 444
SUPPORT 414
STOCK R2 R1 PP S1 S2
www.capitalvia.com 34
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
RANBAXY 489.45 457.9 435.95 404.4 382.45
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
35/52
Figure: 34 : Nifty50 Graph
RELIANCE CAPITALWEEKAHEAD
RELIANCE
CAPITAL
Reliance capital from the last few trading session moving in a downward trend and in today's
trading session it was up by 1.63 %. It is now taking support at 499 and resistance at 538.
One can go for short position in it at 499 below this level it would be in a downward trend.
RESISTANCE 538
SUPPORT 499
STOCK R2 R1 PP S1 S2
www.capitalvia.com 35
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
RELCAPITAL 583.67 551.38 533.72 501.43 483.77
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
36/52
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
37/52
Figure: 36 : Nifty50 Graph
RELIANCE INDUSTRIESWEEKAHEAD
R
ELIANCEINDUSTRIES
It is taking resistance at 968 and support at 932. It is looking bearish in the coming trading
session, one can go for short position in at 932 else above 968 it would be in an upward
trend.
RESISTANCE 968
SUPPORT 932
STOCK R2 R1 PP S1 S2
www.capitalvia.com 37
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
RELIANCE 1005.72 977.83 958.92 931.03 912.12
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
38/52
Figure: 37 : Nifty50 Graph
RELIANCE INFRAUSTRUCTUREWEEKAHEAD
RELIANCEINFRAUSTRUCTURE
It is now taking support at 559 and resistance at 670.It is looking weak on chart in today's
trading session it was down by -1.82 % and it is now trading at 605.40, from this level
further downside of movement would be expected. Once can go for short position in it at
559 below this level it might be in a bearish trend.
RESISTANCE 670
SUPPORT 559
STOCK R2 R1 PP S1 S2
www.capitalvia.com 38
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
RELINFRA 693.22 654.93 631.62 593.33 570.02
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
39/52
Figure: 38 : Nifty50 Graph
RELIANCE POWERWEEKAHEAD
RELIANCEPOWER
The stock had a downward movement this week. its major support is at 114, a bounce back
from this level may come in the stock. RESISTANCE 126
SUPPORT 114
STOCK R2 R1 PP S1 S2
www.capitalvia.com 39
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
RPOWER 136.18 127.37 122.68 113.87 109.18
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
40/52
Figure: 39 : Nifty50 Graph
SIEMENSWEEKAHEAD
SIEMENS
The stock is currently moving with high volatility. One should wait for further movements in
the stock as it is looking very volatile in terms of price movements. RESISTANCE 870
SUPPORT 822
STOCK R2 R1 PP S1 S2
www.capitalvia.com 40
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
SIEMENS 898.7 872.3 850.55 824.15 802.4
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
41/52
Figure: 40 : Nifty50 Graph
STERLITEWEEKAHEAD
STERLITE
The stock is moving in a bearish trend. Its next support is at 162, breach of this level may take
the stock further downwards. RESISTANCE 172
SUPPORT 162
STOCK R2 R1 PP S1 S2
www.capitalvia.com 41
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
STER 187.68 178.87 173.88 165.07 160.08
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
42/52
Figure: 41 : Nifty50 Graph
STATE BANK OF INDIAWEEKAHEAD
STATEBANKOFINDIA
The stock had a downfall in early trading sessions of the week and is now consolidation. Its
major support is at 2510. One should now wait for sometime in the stock as it is expected to
consolidate a bit after a steep downfall.
RESISTANCE 2650
SUPPORT 2510
STOCK R2 R1 PP S1 S2
www.capitalvia.com 42
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
SBIN 2917.8 2760.1 2661.3 2503.6 2404.8
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
43/52
Figure: 42 : Nifty50 Graph
SAILWEEKAHEAD
SAIL
The stock continued its bearish trend this week also. Now its major support level is at 150, if
it manages to sustain above this level, a bounce back from lower support levels can be
expected.
RESISTANCE 157
SUPPORT 150
STOCK R2 R1 PP S1 S2
www.capitalvia.com 43
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
SAIL 167.58 160.72 155.98 149.12 144.38
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
44/52
Figure: 43 : Nifty50 Graph
SUN PHARMACEUTICALWEEKAHEAD
SUNPHARMAC
EUTICAL
Last week Sun Pharmaceuticals had volatile trading session and it closed with moderate
losses. Now the stock has resistance level at 451 and support level at 432. If it continues to
sustain above the support level, a bounce back can be expected in it.
RESISTANCE 451
SUPPORT 432
STOCK R2 R1 PP S1 S2
www.capitalvia.com 44
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
SUNPHARMA 494.87 466.43 449.47 421.03 404.07
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
45/52
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
46/52
Figure: 45 : Nifty50 Graph
TCSWEEKAHEAD
TCS
TCS had shown negative side movement all through last week and tried to recover a bit in
last trading session of the week. it has next resistance at 1162, crossing of this level may
bring some more upward movement in the stock.
RESISTANCE 1162
SUPPORT 1103
STOCK R2 R1 PP S1 S2
www.capitalvia.com 46
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
TCS 1202.93 1158.97 1133.53 1089.57 1064.13
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
47/52
Figure: 46 : Nifty50 Graph
TATA MOTORWEEKAHEAD
TATA
MOTOR
The stock had an either side movement this week. it had a downfall in earlier trading sessions
of the week and had a recovery in today's session. If market supports, one may expect to
continue its uptrend and may move till the levels of 1210-1225 in near term.
RESISTANCE 1225
SUPPORT 1130
STOCK R2 R1 PP S1 S2
www.capitalvia.com 47
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
TATAMOTORS 1283.72 1210.43 1170.72 1097.43 1057.72
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
48/52
Figure: 47 : Nifty50 Graph
TATA STEELWEEKAHEAD
TA
TASTEEL
Tata steel had a downward movement this week. it is now trying to take support at lower
levels. Its next resistance is at 604, crossing of this level may bring some more upward
movement in the stock.
RESISTANCE 604
SUPPORT 575
STOCK R2 R1 PP S1 S2
www.capitalvia.com 48
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
09th May to 13th May 2011
TATASTEEL 632.35 607.7 594.35 569.7 556.35
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
49/52
Figure: 48 : Nifty50 Graph
TATA POWERWEEKAHEAD
TATA
POWER
Tata power had a steep downfall this week after consolidating with negative biasness last
week. it now has major support at 1205, breach of this level may continue its downward
trend.
RESISTANCE 1265
SUPPORT 1205
STOCK R2 R1 PP S1 S2
www.capitalvia.com 49
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
TATAPOWER 1403.05 1317.15 1269.15 1183.25 1135.2 5
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
50/52
Figure: 49 : Nifty50 Graph
SESA GOAWEEKAHEAD
SESAGOA
The stock consolidated throughout the week with negative biasness and breached its
support level. Its next support is at 285, breach of this level will continue the bearish trend of
the stock.
RESISTANCE 295
SUPPORT 285
STOCK R2 R1 PP S1 S2
www.capitalvia.com 50
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
Technical Picture
09th May to 13th May 2011
SESAGOA 325.32 311.98 303.67 290.33 282.02
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
51/52
Technical Picture
Figure: 50 : Nifty50 Graph
WIPROWEEKAHEAD
WIPRO
The stock had an either side movement this week. its major resistance is at 455, crossing of
this level may take the stock further upwards. RESISTANCE 455
SUPPORT 428
STOCK R2 R1 PP S1 S2
www.capitalvia.com 51
WEEKLY
Globa l Resear ch L im i t ed
TECHNICAL OVERVIEW
Weekly Pivots
09th May to 13th May 2011
WIPRO 464.03 448.27 438.13 422.37 412.23
-
8/6/2019 Nifty 50 Reports for the Week (9th - 13th May '11)
52/52
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 liability) 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
Globa l Resear ch L im i t ed
09th May to 13th May 2011
top related