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WEEKLY

NIFTY - 50

G L O B A L R E S E A R C H LT D .

NIFTY - 50 STOCKS REPORTS


08th February 2010 to 13th Feb 2010

www.capitalvia.com
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead ABB

Weekly Pivots

STOCK R2 R1 PP S1 S2

ABB LTD. 843.27 810.53 791.27 758.53 739.27

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS BEEN LOOKING TO BE IN THE DOWN TREND FOR SOME MORE TIME, THE NEXT CRUCAIL SUPPORT IS SEEMS TO BE
AROUNDTHE LEVEL OF 750. CLOSING BELOW COULD CONFIRM MORE PRICE DECLINE IN STOCK.

RESISTANCE: 828 SUPPORT: 767

www.capitalvia.com | 2
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead ACC

Weekly Pivots

STOCK R2 R1 PP S1 S2

A.C.C. 925.25 885.4 855.05 815.2 784.85

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO GET RANGE BOUND IN BEARISH TREND & THE NEXT MAJOR SUPPORT IS AROUND THE LEVEL OF
820.

RESISTANCE: 897 SUPPORT: 824

www.capitalvia.com | 3
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead AMBUJA CEMENT

Weekly Pivots

STOCK R2 R1 PP S1 S2

AMBUJACEM 108.05 103.85 100.2 96 92.35

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK FORMED THE SYMMETRIC TRIANGLE PATTERN IN DAILY CHART. STOCK IS LOOKING TO HOLD ITS SUPPORT ZONE
OF 90 TO 95. CLOSING BELOW THAT LEVEL COULD TAKE IT IN STOCK IN BEARISH ZONE.

RESISTANCE: 104.35 SUPPORT: 95.55

www.capitalvia.com | 4
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead AXIS BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

AXISBANK 1121.17 1073.43 1034.27 986.53 947.37

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO MORE CORRECTED FROM THE PRESENT LEVELS. STOCK IS BEEN BOUCNE BACK FROM FEW TIMES
FROM THE LEVEL OF 940 TO 970. SO WE NEED TO WATCH OUT THESE LEVELS IN THE STOCK.

RESISTANCE: 1082 SUPPORT: 995

www.capitalvia.com | 5
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead BHEL

Weekly Pivots

STOCK R2 R1 PP S1 S2

BHEL 2488.57 2392.13 2338.57 2242.13 2188.57

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING IN UPWARD TRADING CHANNEL, BUT TODAY STOCK IS BEEN HIGHLY CORRECTED FROM THE SHORT
TERM RESISTANCE LEVEL OF 2380. NOW IN THE STOCK WE COULD SEE THE LEVEL OF 2200 IF IT BREAKS THE LEVEL OF
2260.

RESISTANCE: 2400 SUPPORT: 2258

www.capitalvia.com | 6
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead BPCL

Weekly Pivots

STOCK R2 R1 PP S1 S2

BHARAT PETRO 626.12 597.13 570.97 541.98 515.82

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS BEEN TRADING NEAR TO THE LOWER PART OF LONG TERM SUPPORT LINE IN DAILY CHART. STOCK IS TRADING
BELOW TO ITS SHORT TERM SUPPORT OF 600. IN THE STOCK WE COULD SEE THE LEVEL OF 500 IF IT CLOSES BELOW 540.

RESISTANCE: 600 SUPPORT: 545

www.capitalvia.com | 7
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead BHARTI AIRTEL

Weekly Pivots

STOCK R2 R1 PP S1 S2

BHARTIARTL 324.68 312.37 303.38 291.07 282.08

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOSING ITS LIQUIDITY FROM FEW TRADING SESSIONS & WITNESSED DOWN SIDE CONSOLIDATION PHASE
FROM FEW TRADING SESSIONS. WE HAVE GOOD SUPPORT FOR STOCK AROUND THE LEVEL OF 275.

RESISTANCE: 315 SUPPORT: 294

www.capitalvia.com | 8
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead CAIRN INDIA

Weekly Pivots

STOCK R2 R1 PP S1 S2

CAIRN 278.52 266.83 257.47 245.78 236.42

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS RANGE BOUND FROM LAST TWO TRADING SESSIONS & RESIST THE SELLING PRESSURE TODAY. SO IN NEXT
TRADING SESSION WE COULD SEE SOME UPMOVES IN STOCK.

RESISTANCE: 265 SUPPORT: 248

www.capitalvia.com | 9
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead CIPLA

Weekly Pivots

STOCK R2 R1 PP S1 S2

CIPLA 339.97 324.73 314.67 299.43 289.37

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO TRADE AROUND THE GOOD SUPPORT LEVEL OF 300. CLOSING BELOW THAT LEVEL COULD CREATE
MORE SELLING PRESSURE IN STOCK.

RESISTANCE: 313 SUPPORT: 303

www.capitalvia.com | 10
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead DLF

Weekly Pivots

STOCK R2 R1 PP S1 S2

DLF 359.33 334.02 317.58 292.27 275.83

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING IN DOWN TREND & WE HAD SEE HUGE CORRECTION IN STOCK FROM THE LEVEL OF 400. NOW IN
STOCK WE COULD SEE MORE CORRECTION FROM HERE AS WELL.

RESISTANCE: 335 SUPPORT: 290

www.capitalvia.com | 11
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead GAIL INDIA

Weekly Pivots

STOCK R2 R1 PP S1 S2

GAIL 443.3 429.6 410.8 397.1 378.3

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS MAKING LOWER TOPS PATTERN IN CHARTS. WE HAD ALSO SEEN THAT STOCK IS NOT SUSTAINING HIGHER
LEVELS ALSO, SO WE COULD SEE SOME CORRECTION IN STOCK.

RESISTANCE: 426 SUPPORT: 390

www.capitalvia.com | 12
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead GRASIM

Weekly Pivots

STOCK R2 R1 PP S1 S2

GRASIM IND. 2768.63 2672.27 2618.63 2522.27 2468.63

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO BREAK THE SHORT TERM RESISTANCE OF 2500. CLOSING BELOW THAT LEVEL COULD CREATE
MORE CORRECTION IN STOCK.

RESISTANCE: 2715 SUPPORT: 2531

www.capitalvia.com | 13
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead HCL TECHNOLOGIES

Weekly Pivots

STOCK R2 R1 PP S1 S2

HCL TECHNOLO 379.35 358.25 337.9 316.8 296.45

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO HOLD THE PRESENT TRADING RANGE OF 320 TO 340. CLOSING BELOW THAT LEVEL COULD
CREATE SELLING PRESSURE IN STOCK.

RESISTANCE: 354 SUPPORT: 317

www.capitalvia.com | 14
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead HDFC BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

HDFC BANK 1657.65 1615.5 1590.25 1548.1 1522.85

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO HAVE VERY STRONG SUPPORT BASE IS AROUND THE LEVEL OF 1500 TO 1520. SO WE
RECOMMEND THAT BUY AROUND THESE LEVELS COULD BE GOOD ONE IN THIS STOCK.

RESISTANCE: 1637 SUPPORT: 1552

www.capitalvia.com | 15
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead HERO HONDA

Weekly Pivots

STOCK R2 R1 PP S1 S2

HERO HONDA 1689.3 1637.35 1580 1528.05 1470.7

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO GET BACK FROM THE SUPPORT LEVELS. TECHNICALLY WE EXPECT THAT STOCK COULD BE BACK
FROM THE GOOD SUPPORT LEVEL OF 1500.

RESISTANCE: 1605 SUPPORT: 1517

www.capitalvia.com | 16
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead HINDALCO

Weekly Pivots

STOCK R2 R1 PP S1 S2

HINDALCO 165.12 151.63 143.97 130.48 122.82

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE SHORT TERM BOTTOM BREAKOUT. NOW WE COULD SEE MORE CORRECTION IN STOCK. TECHNICALLT
STOCK IS LOOKING WEEK.

RESISTANCE: 146.35 SUPPORT: 136.30

www.capitalvia.com | 17
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead HUL

Weekly Pivots

STOCK R2 R1 PP S1 S2

HINDUNILVR 250.08 239.57 233.28 222.77 216.48

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS BEEN IN THE PHASE OF CORRECTION, UNTIL IT CLOSE ABOVE 250 LEVELS. STOCK TECHNICALLY LOOKING GOOD
ONE FOR SHORT SIDE.

RESISTANCE: 240 SUPPORT: 223

www.capitalvia.com | 18
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead HDFC

Weekly Pivots

STOCK R2 R1 PP S1 S2

HOUS DEV FIN 2604.53 2497.17 2418.63 2311.27 2232.73

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO RESIST THE SELLING PRESSURE & TODAY STOCK WAS NOT GOING DOWN MUCH. NOW IN THE
STOCK WE COULD SEE SOME FRESH BUYING AROUND THE LEVEL OF 2350. IN THE STOCK WE COULD SEE THE LEVEL OF
2500 SOON.

RESISTANCE: 2445 SUPPORT: 2340

www.capitalvia.com | 19
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead ICICI BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

ICICI BANK 871.38 834.77 812.38 775.77 753.38

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING NEAR TO THE SUPPORT LEVEL OF HORIZONTAL TRADING RANGE. WE COULD SEE THE BREAKOUT OF
THIS TRADING RANGE IN DOWNSIDE.

RESISTANCE: 851 SUPPORT: 775

www.capitalvia.com | 20
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead IDEA CELLULAR

Weekly Pivots

STOCK R2 R1 PP S1 S2

IDEA 63.78 60.17 58.08 54.47 52.38

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO BE MORE CORRECTED FROM PRESENT LEVELS. IN THE STOCK WE HAVE GOOD SUPPORT AROUND
THE LEVEL OF 50 TO 52.

RESISTANCE: 61.60 SUPPORT: 54.25

www.capitalvia.com | 21
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead IDFC

Weekly Pivots

STOCK R2 R1 PP S1 S2

IDFC 160.4 152.6 147.2 139.4 134

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS RANGE BOUND FROM FEW TRADING SESSIONS. WE COULD SEE SOME DOWNSIDE MOVES IN STOCK BELOW
THE LEVEL OF 140.

RESISTANCE: 150.40 SUPPORT: 141.80

www.capitalvia.com | 22
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead INFOSYS

Weekly Pivots

STOCK R2 R1 PP S1 S2

INFOSYS TECH 2604.9 2478.8 2403.9 2277.8 2202.9

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE DOWN SIDE BREAKOUT TODAY & NOW LOOKING TO GET THE MAJOR SUPPORT AROUND THE LEVEL OF
2200. WE COULD SEE MORE CORRECTION IN STOCK FROM THE PRESENT LEVELS.

RESISTANCE: 2500 SUPPORT: 2329

www.capitalvia.com | 23
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead ITC

Weekly Pivots

STOCK R2 R1 PP S1 S2

ITC 260.55 254.45 248.75 242.65 236.95

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS BEEN TRADING IN CONSOLIDATION RANGE OF 240 TO 255. SO WE SHOULD WATCH OUT THESE LEVELS IN
STOCK.

RESISTANCE: 254 SUPPORT: 247

www.capitalvia.com | 24
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead JP ASSOCIAT

Weekly Pivots

STOCK R2 R1 PP S1 S2

JPASSOCIATEQ 151.17 137.98 130.02 116.83 108.87

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE SHORT TERM SUPPORT BREAKOUT IN DAILY CHART. NOW IN THE STOCK WE COULD SEE MORE
CORRECTION IN PRICE.

RESISTANCE: 128 SUPPORT: 122.05

www.capitalvia.com | 25
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead JINDAL STEEL & POWER

Weekly Pivots

STOCK R2 R1 PP S1 S2

JINDL STL&PO 685.12 647.03 626.02 587.93 566.92

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO HOLD THE SUPPORT LEVEL OF 580 TO 600. BELOW THAT LEVEL WE COULD SEE MORE PRICE
DECLINE IN STOCK.

RESISTANCE: 663 SUPPORT: 600

www.capitalvia.com | 26
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead L&T

Weekly Pivots

STOCK R2 R1 PP S1 S2

LT EQ 1490.73 1457.37 1423.63 1390.27 1356.53

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO GET BACK FROM THE LEVEL OF 1390. IN THE STOCK WE HAVE GOOD SUPPORT BASE AROUND THE
LEVEL OF 1350 TO 1370. STOCK IS LOOKING GOOD ONE FOR LONG SIDE FROM HERE.

RESISTANCE: 1457 SUPPORT: 1390

www.capitalvia.com | 27
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead M&M

Weekly Pivots

STOCK R2 R1 PP S1 S2

MAH & MAH 1102.15 1039.2 1002.55 939.6 902.95

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE SHORT TERM BOTTOM BREAKOUTS IN CHARTS. TECHNICALLY STOCK IS LOOKING WEEK & WE COULD
SEE THE LEVEL OF 950 & AFTER IT 920 IN STOCK IN NEAR TERM.

RESISTANCE: 1067 SUPPORT: 965

www.capitalvia.com | 28
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead MARUTI SUZUKI

Weekly Pivots

STOCK R2 R1 PP S1 S2

MARUTI 1465.73 1412.32 1366.28 1312.87 1266.83

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING IN DOWN WARD TRADING CHANNEL. WE COULD SEE THAT STOCK COULD CONTINUE TO TRADE IN
SAME PATTERN FOR SOME MORE TIME.

RESISTANCE: 1418 SUPPORT: 1311

www.capitalvia.com | 29
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead NTPC

Weekly Pivots

STOCK R2 R1 PP S1 S2

NTPC EQ 221.73 213.02 208.28 199.57 194.83

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO MORE CORRECTED FROM THE PRESENT LEVELS, WE COULD SEE THE LEVEL OF 180 IN STOCK IF IT
CLOSE BELOW THE LEVEL OF 195.

RESISTANCE: 211.90 SUPPORT: 203.55

www.capitalvia.com | 30
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead ONGC

Weekly Pivots

STOCK R2 R1 PP S1 S2

ONGC CORP. 1181.82 1134.73 1107.92 1060.83 1034.02

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK WAS HIGHLY BEARISH FOR THE WHOLE DAY & WE HAD NOT SEEN ANY TYPE OF RECOVERY IN STOCK. STOCK
MADE CLOSING BELOW THE LEVEL OF 1100, NOW WE COULD SEE THAT STOCK COULD CONTINUE THIS DOWN SIDE
MOMENTUM FOR SOME TIME.

RESISTANCE: 1155 SUPPORT: 1075

www.capitalvia.com | 31
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead POWER GRID CORPORATION

Weekly Pivots

STOCK R2 R1 PP S1 S2

POWERGRID 118.47 112.93 109.97 104.43 101.47

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK WITNESSED HUGE SELLING PRESSURE TODAY BUT VITAL SUPPORT IS BEEN AROUND THE LEVEL OF 100 TO 105.
CLOSING BELOW THAT LEVEL COULD CONFIRM PRICE DECLINE.

RESISTANCE: 111 SUPPORT: 107.35

www.capitalvia.com | 32
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead PNB BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

PNB 930.15 892.1 868.55 830.5 806.95

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS IN CORRECTION MODE & COULD CONTINUE TILL THE LEVEL OF 840. CLOSING BELOW THAT LEVEL COULD TAKE
THE STOCK TILL 800 LEVELS.

RESISTANCE: 906 SUPPORT: 845

www.capitalvia.com | 33
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead RANBAXY LAB

Weekly Pivots

STOCK R2 R1 PP S1 S2

RANBAXY LAB. 488.52 446.23 420.12 377.83 351.72

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THE STOCK WE HAD ALREADY MENTIONED IN OUR PREVIOUS REPORTS THAT STOCK COULD TOUCH THE LEVEL OF 400,
TODAY IT DID. NOW IN THE STOCK WE COULD SEE SOME SUPPORT BUYING AROUND THIS LEVELS.SO WE SHOULD GO
FOR BUY ON DIPS IN THE STOCK WITH STRICT SL.

RESISTANCE: 428 SUPPORT: 394

www.capitalvia.com | 34
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead REL CAP

Weekly Pivots

STOCK R2 R1 PP S1 S2

REL.CAPITAL 831.37 793.18 765.62 727.43 699.87

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING IN HORIZONTAL CHANNEL & WE HAD SEEN GOOD FRESH BUYING IN STOCK TODAY. NOW ON NEXT
TRADING DAY WE COULD SEE SOME FRESH BUYING IN STOCK.

RESISTANCE: 791 SUPPORT: 738

www.capitalvia.com | 35
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead RCOM

Weekly Pivots

STOCK R2 R1 PP S1 S2

RCOM 183.3 173.4 166 156.1 148.7

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS HOLDING THE GOOD SUPPORT LEVEL OF 160 TO 162. IF STOCK CLOSE BELOW THIS LEVEL THEN WE COULD SEE
THE LEVEL OF 150.

RESISTANCE: 175.90 SUPPORT: 151.85

www.capitalvia.com | 36
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead RIL

Weekly Pivots

STOCK R2 R1 PP S1 S2

RELIANCE 1085.7 1033.7 1004.35 952.35 923

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK HAS BROKEN THE SHORT TERM SUPPORT LEVEL OF 1000 TODAY & ALSO MADE CLOSE BELOW IT AS WELL. IN THE
STOCK NOW WE COULD SEE MORE CORRECTION FROM PRESENT LEVELS.

RESISTANCE: 1055 SUPPORT: 975

www.capitalvia.com | 37
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead RELIANCE INFRA

Weekly Pivots

STOCK R2 R1 PP S1 S2

RELINFRA 1085.93 1060.22 1034.28 1008.57 982.63

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS NOT SHOWING MUCH STRENGTH IN HIGHER LEVELS. NOW WE COULD SEE THAT STOCK HAS GOOD SUPPORT
BASE AROUND THE LEVEL OF 980 TO 1000.

RESISTANCE: 1059 SUPPORT: 991

www.capitalvia.com | 38
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead REL POWER

Weekly Pivots

STOCK R2 R1 PP S1 S2

RPOWER 154.12 147.03 142.52 135.43 130.92

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE DOWNSIDE BREAKOUT TODAY. IN THE STOCK WE COULD SEE THE DOWNSIDE MOVES IN STOCK.

RESISTANCE: 149.70 SUPPORT: 138

www.capitalvia.com | 39
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead SIEMENS

Weekly Pivots

STOCK R2 R1 PP S1 S2

SIEMENS 692.63 657.12 634.18 598.67 575.73

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS BEEN CORRECTED FROM THE GOOD RESISTANCE ZONE OF 665 TO 680 & NOW TRADING CLOSE THE SHORT
TERM SUPPORT LEVEL OF 600. WE RECOMMEND THAT TRADERS SHOULD GO FOR BUYING IN IT UNTIL IT CLOSE BELOW
600.

RESISTANCE: 645 SUPPORT: 611

www.capitalvia.com | 40
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead SBI

Weekly Pivots

STOCK R2 R1 PP S1 S2

STATE BANK 2254.53 2076.17 1969.63 1791.27 1684.73

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE DOWNSIDE BREAKOUT & NOW TRADING BELOW THE CRUCIAL SUPPORT LEVEL OF 2000. NOW IN THE
STOCK WE HAVE GOOD SUPPORT BASE AROUND THE LEVEL OF 1850.

RESISTANCE: 1930 SUPPORT: 1863

www.capitalvia.com | 41
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead SAIL

Weekly Pivots

STOCK R2 R1 PP S1 S2

STEEL AUTHOR 228.25 215.85 208.45 196.05 188.65

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING IN DOWN WARD TRADING CHANNEL & LOOKING TO BREAK THE SUPPORT LEVEL OF 200. CLOSING
BELOW THAT COULD CONFIRM MORE DECLINE IN PRICE.

RESISTANCE: 215 SUPPORT: 200

www.capitalvia.com | 42
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead STERLITE

Weekly Pivots

STOCK R2 R1 PP S1 S2

STER EQ 816.2 775.95 746.55 706.3 676.9

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING BELOW THE GOOD SUPPORT LEVEL OF 750 & NOW IN STOCK WE COULD SEE THE COME BACK FROM
THE SUPPORT LEVEL OF 700 To710.

RESISTANCE: 782 SUPPORT: 717

www.capitalvia.com | 43
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead SUN PHARMA

Weekly Pivots

STOCK R2 R1 PP S1 S2

SUN PHARMA. 1586.3 1530.1 1481.85 1425.65 1377.4

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK FORMED THE SYMMETRIC TRIANGLE PATTERN IN DAILY CHARTS. WE HAD SEEN GOOD COME BACK IN THE STOCK
FROM THE LEVEL OF 1400.

RESISTANCE: 1524 SUPPORT: 1420

www.capitalvia.com | 44
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead SUZLON

Weekly Pivots

STOCK R2 R1 PP S1 S2

SUZLON 84.9 78.15 73.6 66.85 62.3

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TECHNICALLY WEEK & WE COULD SEE PRICE DECLINE IN STOCK FROM THE PRESENT LEVELS. STOCK
COULD GET THE GOOD SUPPORT AROUND THE LEVEL OF 60 TO 65.

RESISTANCE: 80.35 SUPPORT: 66.25

www.capitalvia.com | 45
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead TCS

Weekly Pivots

STOCK R2 R1 PP S1 S2

TCS EQ 780.5 752 734.3 705.8 688.1

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING IN UPWARD TRADING CHANNEL & IN THE STOCK WE COULD HAVE GOOD SUPPORT AROUND THE
LEVEL OF 690.

RESISTANCE: 762 SUPPORT: 696

www.capitalvia.com | 46
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead TATA MOTORS

Weekly Pivots

STOCK R2 R1 PP S1 S2

TATAMOTORSEQ 771.97 722.08 690.12 640.23 608.27

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS GOING THROUGH THE PHASE OF SELLING & NOW ADVANCED IN BEAR ZONE. IN THE STOCK WE EXPECT THE
STOCK COULD MORE CORRECT FROM THE PRESENT LEVELS.

RESISTANCE: 725 SUPPORT: 658

www.capitalvia.com | 47
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead TATA POWER

Weekly Pivots

STOCK R2 R1 PP S1 S2

TATA POWER 1351.55 1318.55 1286.9 1253.9 1222.25

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO MAKE THE GOOD SUPPORT BASE AROUND THE LEVEL OF 1250. CLOSING BELOW COULD TAKE THE
STOCK TILL 1200 LEVEL.

RESISTANCE: 1319 SUPPORT: 1255

www.capitalvia.com | 48
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead TATA STEEL

Weekly Pivots

STOCK R2 R1 PP S1 S2

TATASTEEL 628.2 589.2 564.6 525.6 501

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK FORMED THE SYMMETRIC TRIANGLE PATTERN IN DAILY CHART. STOCK COULD MAKE THE DOWNSIDE BREAKOUT
OF THIS. SO WE EXPECT THE MORE CORRECTION IN STOCK.

RESISTANCE: 561 SUPPORT: 540

www.capitalvia.com | 49
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead UNITECH

Weekly Pivots

STOCK R2 R1 PP S1 S2

UNITECH LTD 82.52 75.73 71.67 64.88 60.82

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING IN BEARISH TREND & COULD GET THE GOOD SUPPORT AROUND THE LEVEL OF 60.

RESISTANCE: 70.25 SUPPORT: 61.40

www.capitalvia.com | 50
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

Weekly Ahead WIPRO

Weekly Pivots

STOCK R2 R1 PP S1 S2

WIPRO 717.95 681 657.05 620.1 596.15

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS LOOKING TO HOLD THE LEVEL OF 620. STOCK COULD GET SOME BUYING SUPPORT AT PRESENT LEVELS, BUT
ONE SHOULD SEE THE OVERALL MARKET CONDITION ALSO. OVERALL LOOKING GOOD ONE FOR LONG SIDE.

RESISTANCE: 673 SUPPORT: 610

www.capitalvia.com | 51
Nifty50 Weekly Report
08th February to 13th Feb 2010
RESEARCH

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