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WEEKLY

NIFTY - 50

www.capitalvia.com

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

NIFTY - 50
STOCKS REPORTS
12th Jul to 17th Jul 2010
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead ABB

Weekly Pivots

STOCK R2 R1 PP S1 S2

ABB LTD. 865.52 863.43 861.82 859.73 858.12

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK FORMING THE HORIZONTAL TRADING RANGES IN CHART. ONE MAY EXPECT THE SIDE WAY MOVEMENT IN THIS
STOCK TO BE CONTINUE FOR SOME MORE TIME.

RESISTANCE:886 SUPPORT: 845

www.capitalvia.com | 2
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead ACC

Weekly Pivots

STOCK R2 R1 PP S1 S2

A.C.C. 856.07 844.33 837.67 825.93 819.27

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY MENTIONED IN OUR PREVIOUS REPORT THAT ONE MAY GO FOR SELL ON RISE IN IT, STOCK
MAY SLIP TILL THE LOWER LEVELS OF 800 TO 805 IN NEAR TERM.

RESISTANCE: 898 SUPPORT: 810

www.capitalvia.com | 3
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead AMBUJA CEMENT

Weekly Pivots

STOCK R2 R1 PP S1 S2

AMBUJACEM 114.5 112.9 111.9 110.3 109.3

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY EXPECT THIS CORRECTION TO CONTINUE THE SHORT TERM CRUCIAL SUPPORT SEEMS TO BE
AROUND THE LEVELS OF 105 TO 106.

RESISTANCE: 115.65 SUPPORT: 109.10

www.capitalvia.com | 4
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead AXIS BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

AXISBANK 1295.53 1284.32 1266.63 1255.42 1237.73

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY RECOMMENDED THAT ONE MAY GO FOR BUY ON DIPS, STOCK MAY RISE TILL THE HIGHER
LEVELS OF 1300 TO 1310 IN NEAR TERM. STOCK IS LOOKING GOOD ONE FOR LONG SIDE.

RESISTANCE: 1312 SUPPORT: 1191

www.capitalvia.com | 5
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead BHEL

Weekly Pivots

STOCK R2 R1 PP S1 S2

BHEL 2423.78 2408.67 2395.83 2380.72 2367.88

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY EXPECT THE RANGE BOUND MOVEMENT WITH NEGATIVE BIASNESS. ONE SHOULD WAIT FOR
THE EITHER SIDES BREAKOUT IN IT.

RESISTANCE: 2494 SUPPORT: 2330

www.capitalvia.com | 6
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead BPCL

Weekly Pivots

STOCK R2 R1 PP S1 S2

BHARAT PETRO 724.5 717.65 708.05 701.2 691.6

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY RECOMMEND IN OUR PREVIOUS REPORT THAT ONE MAY GO FOR BUY ON DIPS IN IT, STOCK
MAY RISE TILL THE HIGHER LEVEL OF 730 IN NEAR TERM.

RESISTANCE: 750 SUPPORT: 677

www.capitalvia.com | 7
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead BHARTI AIRTEL

Weekly Pivots

STOCK R2 R1 PP S1 S2

BHARTIARTL 328.88 318.77 300.38 290.27 271.88

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE STRONG UPSIDE BREAKOUT TODAY AND ALSO MADE GOOD CLOSING. ONE MAY EXPECT THAT THIS
PULL BACK RALLY MAY CONTINUE & MAY RISE TILL THE HIGHER LEVELS OF 320 TO 325 IN NEAR TERM.

RESISTANCE: 316 SUPPORT: 292

www.capitalvia.com | 8
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead CAIRN INDIA

Weekly Pivots

STOCK R2 R1 PP S1 S2

CAIRN 305.53 303.37 301.83 299.67 298.13

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MAY CONTINUE THE RANGE BOUND MOVEMENT, OVERALL STOCK IS IN THE SIDE WAY PHASE. ONE SHOULD WAIT
FOR THE EITHER SIDES BREAKOUT IN IT.

RESISTANCE: 314 SUPPORT: 293

www.capitalvia.com | 9
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead CIPLA

Weekly Pivots

STOCK R2 R1 PP S1 S2

CIPLA 342.02 340.18 338.37 336.53 334.72

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS HAVING THE NEXT CRUCIAL RESISTANCE ZONE CLOSE TO THE HIGHER LEVELS OF 350 TO 355. CLOSING ABOVE
THIS RESISTANCE ZONE MAY TAKE UP IT TILL THE HIGHER LEVEL OF 370 IN NEAR TERM.N.

RESISTANCE: 352 SUPPORT: 329

www.capitalvia.com | 10
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead DLF

Weekly Pivots

STOCK R2 R1 PP S1 S2

DLF 305.8 300.8 291.9 286.9 278

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY MENTIONED IN OUR PREVIOUS REPORT THAT ONE MAY GO FOR BUY ON DIPS IN IT, THE
SHORT TERM TARGET FOR THE STOCK IS SEEMS TO BE AT THE HIGHER LEVEL OF 500.

RESISTANCE: 492 SUPPORT: 455

www.capitalvia.com | 11
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead GAIL INDIA

Weekly Pivots

STOCK R2 R1 PP S1 S2

GAIL 480.53 476.17 473.03 468.67 465.53

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK FORMING THE POSITIVE UPSIDE STRUCTURE ON CHARTS. THE SHORT TERM TARGET FOR THE STOCK IS SEEMS TO
BE AT 500 LEVEL.

RESISTANCE: 479 SUPPORT: 454

www.capitalvia.com | 12
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead HCL TECHNOLOGIES

Weekly Pivots

STOCK R2 R1 PP S1 S2

HCL TECHNOLO 367.2 364.25 361.75 358.8 356.3

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS NOT SUSTAINING AT HIGHER LEVELS, CLOSING BELOW 349 TO 350 LEVELS MAY CREATE MORE SELLING
PRESSURE IN STOCK & MIGHT DRAG IT TILL THE LOWER LEVELS OF 325 TO 330 IN NEAR TERM.

RESISTANCE: 370 SUPPORT: 349

www.capitalvia.com | 13
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead HDFC BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

HDFC BANK 2050.12 2026.43 1988.27 1964.58 1926.42

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR BUY ON DIPS IN IT, STOCK IS TECHNICALLY LOOKING STRONG FOR UPSIDE, THE SHORT
TERM TARGET FOR THE STOCK IS SEEMS TO BE AT THE HIGHER LEVEL OF 2050. STOCK IS LOOKING NICE ONE FOR LONG
SIDE.

RESISTANCE: 2060 SUPPORT:1940

www.capitalvia.com | 14
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead HERO HONDA

Weekly Pivots

STOCK R2 R1 PP S1 S2

HERO HONDA 2033.77 2022.43 2010.57 1999.23 1987.37

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY EXPECT SOME CORRECTION FROM THE CURRENT LEVELS, MAY BE SLIP TILL THE LOWER LEVELS
OF 1940 TO 1950 IN NEAR TERM. SELL ON RISE IS RECOMMENDED STRATEGY IN IT.

RESISTANCE: 2070 SUPPORT: 1953

www.capitalvia.com | 15
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead HINDALCO

Weekly Pivots

STOCK R2 R1 PP S1 S2

HINDALCO 152.87 150.93 147.97 146.03 143.07

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS HAVING THE KEY SHORT TERM RESISTANCE CLOSE TO THE HIGHER LEVELS OF 155 TO 156. CLOSING ABOVE THIS
RESISTANCE ZONE MAY TAKE UP IT TILL THE HIGHER LEVELS OF 164 TO 165 IN NEAR TERM.

RESISTANCE: 155.70 SUPPORT: 140.75

www.capitalvia.com | 16
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead HUL

Weekly Pivots

STOCK R2 R1 PP S1 S2

HINDUNILVR 270.47 266.43 263.82 259.78 257.17

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY RECOMMENCED IN OUR PREVIOUS REPORT THAT STOCK MAY WITNESS SOME CORRECTION
& MAY SLIP TILL THE LOWER LEVELS OF 255 TO 260.

RESISTANCE: 274.35 SUPPORT: 258.15

www.capitalvia.com | 17
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead HDFC

Weekly Pivots

STOCK R2 R1 PP S1 S2

HOUS DEV FIN 3002.07 2984.23 2967.17 2949.33 2932.27

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR SELL ON RISE UNTIL IT CLOSE ABOVE 3000, THE DOWNSIDE TARGETS FOR THE STOCK IS
SEEMS TO BE AT THE LEVELS OF 2900, 2850.

RESISTANCE: 3040 SUPPORT: 2896

www.capitalvia.com | 18
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead ICICI BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

ICICI BANK 886.63 881.27 873.63 868.27 860.63

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS HAVING THE NEXT SHORT TERM RESISTANCE ZONE CLOSE TO THE HIGHER LEVELS OF 900 TO 910. CLOSING
ABOVE THIS RESISTANCE ZONE MAY TAKE UP IT TILL THE HIGHER LEVEL OF 950 IN NEAR TERM.

RESISTANCE: 910 SUPPORT: 833

www.capitalvia.com | 19
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead IDEA CELLULAR

Weekly Pivots

STOCK R2 R1 PP S1 S2

IDEA 72.77 69.73 64.62 61.58 56.47

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MADE THE SHORT TERM RESISTANCE BREAKOUT & NOW THE STOCK IS LOOKING TO LEAD TOWARDS THE HIGHER
LEVELS OF 70 TO 72 IN SHORT TERM.

RESISTANCE: 69.10 SUPPORT: 62.65

www.capitalvia.com | 20
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead IDFC

Weekly Pivots

STOCK R2 R1 PP S1 S2

IDFC 189.05 187.05 183.9 181.9 178.75

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY RECOMMENDED IN OUR PREVIOUS REPORTS THAT THE STOCK MAY RISE TILL THE HIGHER
LEVELS OF 195 TO 200 IN NEAR TERM. ONE MAY GO FOR BUY ON DIPS IN IT.

RESISTANCE: 191.20 SUPPORT: 177.05

www.capitalvia.com | 21
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead INFOSYS

Weekly Pivots

STOCK R2 R1 PP S1 S2

INFOSYS TECH 2906.53 2890.17 2864.13 2847.77 2821.73

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY MENTIONED IN OUR PREVIOUS REPORT THAT ONE MAY GO FOR BUY ON DIPS IN IT, THE
SHORT TERM TARGET FOR THE STOCK IS SEEMS TO BE AT THE HIGHER LEVEL OF 2900.

RESISTANCE: 2950 SUPPORT: 2800

www.capitalvia.com | 22
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead ITC

Weekly Pivots

STOCK R2 R1 PP S1 S2

ITC 307.02 303.68 301.47 298.13 295.92

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY EXPECT SOME CORRECTION & MAY BE SLIP TILL THE LOWER LEVEL OF 290 IN NEAR TERM. SELL
ON RISE IS THE NICE STRATEGY IN THIS STOCK.

RESISTANCE: 308 SUPPORT: 293

www.capitalvia.com | 23
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead JP ASSOCIAT

Weekly Pivots

STOCK R2 R1 PP S1 S2

JPASSOCIATEQ 127.9 126.6 125.1 123.8 122.3

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY MENTIONED IN OUR PREVIOUS REPORT THAT STOCK MAY CORRECT FROM THE CURRENT
LEVELS & MAY GET THE NEXT SHORT TERM SUPPORT CLOSE TO THE LEVELS OF 114 TO 115.

RESISTANCE: 134.50 SUPPORT: 114.00

www.capitalvia.com | 24
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead JINDAL STEEL & POWER

Weekly Pivots

STOCK R2 R1 PP S1 S2

JINDL STL&PO 641.4 636.4 630.7 625.7 620

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR SELL ON RISE UNTIL IT CLOSE ABOVE 650 THE DOWNSIDE TARGETS FOR THE STOCKS ARE
600, 575.

RESISTANCE: 651 SUPPORT: 610

www.capitalvia.com | 25
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead KOTAK MAHINDRA

Weekly Pivots

STOCK R2 R1 PP S1 S2

KOTAK BANK 780.23 771.92 764.43 756.12 748.63

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK THE NEXT KEY RESISTANCE ZONE SEEMS TO BE AT THE HIGHER LEVELS OF 800 TO 810. CLOSING ABOVE
THIS RESISTANCE ZONE MAY TAKE UP IT TILL THE HIGHER LEVEL OF 850 IN NEAR RUN.

RESISTANCE: 791 SUPPORT: 732

www.capitalvia.com | 26
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead L&T

Weekly Pivots

STOCK R2 R1 PP S1 S2

LT EQ 1846.18 1834.17 1826.08 1814.07 1805.98

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK THE NEXT CRUCIAL RESISTANCE ZONE SEEMS TO BE AT AROUND THE HIGHER LEVELS OF 184 5TO 1850.
CLOSING ABOVE THIS RESISTANCE ZONE MAY FURTHER CONFIRM THE PRICE HIKE IN IT.

RESISTANCE: 1850 SUPPORT: 1776

www.capitalvia.com | 27
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead M&M

Weekly Pivots

STOCK R2 R1 PP S1 S2

MAH & MAH 650.58 644.57 634.88 628.87 619.18

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY MENTIONED IN OUR PREVIOUS REPORT THAT ONE MAY GO FOR BUY ON DIPS I N IT, THE
SHORT TERM TARGET FOR THE STOCK IS SEEMS TO BE AT THE HIGHER LEVEL OF 650. STOCK IS LOOKING NICE ONE FOR
LONG SIDE.

RESISTANCE: 645 SUPPORT: 615

www.capitalvia.com | 28
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead MARUTI SUZUKI

Weekly Pivots

STOCK R2 R1 PP S1 S2

MARUTI 1451.08 1437.67 1416.33 1402.92 1381.58

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY RECOMMENDED IN OUR PREVIOUS REPORT THAT ONE MAY GO FOR BUY ON DIPS IN IT, THE
SHORT TERM TARGET FOR THE STOCK IS SEEMS TO BE AT THE HIGHER LEVEL OF 1450.

RESISTANCE: 1446 SUPPORT: 1360

www.capitalvia.com | 29
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead NTPC

Weekly Pivots

STOCK R2 R1 PP S1 S2

NTPC EQ 202.53 200.37 199.08 196.92 195.63

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS IN THE DOWNSIDE RANGE BOUND MOVEMENT FROM MANY TRADING SESSIONS & ONE MAY EXPECT THE
SAME TREND TO BE CONTINUING IN IT.

RESISTANCE: 205 SUPPORT: 194

www.capitalvia.com | 30
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead ONGC

Weekly Pivots

STOCK R2 R1 PP S1 S2

ONGC CORP. 1315.7 1304.8 1293.1 1282.2 1270.5

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK THE NEXT RESISTANCE SEEMS TO BE AROUND THE HIGHER LEVELS OF 1345 TO 1350. CLOSING ABOVE THIS
RESISTANCE ZONE MAY TAKE UP IT TILL THE HIGHER LEVEL OF 1400 IN NEAR TERM.

RESISTANCE: 1346 SUPPORT: 1185

www.capitalvia.com | 31
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead POWER GRID CORPORATION

Weekly Pivots

STOCK R2 R1 PP S1 S2

POWERGRID 103.15 102.55 102.1 101.5 101.05

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS IN THE DOWNSIDE RANGE BOUND MOVEMENT, ONE SHOULD WAIT FOR THE EITEHR SIDES BREAKOUT IN IT.

RESISTANCE: 106.15 SUPPORT: 99.25

www.capitalvia.com | 32
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead PNB BANK

Weekly Pivots

STOCK R2 R1 PP S1 S2

PNB 1081.83 1069.77 1059.38 1047.32 1036.93

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR BUY ON DIPS UNTIL IT CLOSE BELOW 1000 THE SHORT TERM TARGET FOR THE STOCK IS
SEEMS TO BE AT THE HIGHER LEVEL OF 1100.

RESISTANCE: 1098 SUPPORT: 1005

www.capitalvia.com | 33
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead RANBAXY LAB

Weekly Pivots

STOCK R2 R1 PP S1 S2

RANBAXY LAB. 467.57 465.48 462.42 460.33 457.27

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK WE ALREADY MENTIONED IN OUR PREVIOUS REPORT THAT ONE MAY GO FOR BUY ON DIPS IN IT, STOCK
MAY RISE TILL THE HIGHER LEVELS OF 475, 500 IN NEAR TERM.

RESISTANCE: 472 SUPPORT: 445

www.capitalvia.com | 34
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead REL CAP

Weekly Pivots

STOCK R2 R1 PP S1 S2

REL.CAPITAL 771.37 765.88 761.52 756.03 751.67

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR SELL ON RISE UNTIL IT CLOSE ABOVE 800, THE DOWNSIDE TARGETS FOR THE STOCK IS
SEEMS TO BE AROUND THE LEVELS OF 710 TO 715 IN NEAR TERM.

RESISTANCE: 788 SUPPORT: 729

www.capitalvia.com | 35
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead RCOM

Weekly Pivots

STOCK R2 R1 PP S1 S2

RCOM 199.13 196.27 192.38 189.52 185.63

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY EXPECT MORE UPSIDE MOVES FROM HERE, THE SHORT TERM TARGETS FOR THE STOCK IS SEEMS
TO BE AT THE HIGHER LEVELS OF 215 TO 220.

RESISTANCE: 207 SUPPORT: 180

www.capitalvia.com | 36
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead RIL

Weekly Pivots

STOCK R2 R1 PP S1 S2

RELIANCE 1071.52 1064.58 1059.07 1052.13 1046.62

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS HAVING THE NEXT SHORT TERM RESISTANCE CLOSE TO THE HIGHER LEVELS OF 1095 TO 1100. CLOSING ABOVE
THIS RESISTANCE ZONE MAY TAKE UP IT TILL THE HIGHER LEVEL OF 1150 IN SHORT TERM.

RESISTANCE: 1098 SUPPORT: 1021

www.capitalvia.com | 37
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead RELIANCE INFRA

Weekly Pivots

STOCK R2 R1 PP S1 S2

RELINFRA 1199.47 1186.03 1177.97 1164.53 1156.47

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR SELL ON RISE, STOCK IS NOT SUSTAINING AT HIGHER LEVELS MAY BE CORRECT FROM
THE CURRENT LEVELS. THE SHORT TERM DOWNSIDE TARGET FOR THE STOCK IS SEEMS TO BE AT THE LOWER LEVELS OF
1100 TO 1110 IN NEAR TERM.

RESISTANCE: 1224 SUPPORT: 1132

www.capitalvia.com | 38
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead REL POWER

Weekly Pivots

STOCK R2 R1 PP S1 S2

RPOWER 178.82 177.03 176.02 174.23 173.22

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR BUY ON DIPS UNTIL IT CLOSE BELOW 165, THE UPSIDE TARGET FOR THE STOCK IS SEEMS
TO BE AT THE HIGHER LEVEL OF 190.

RESISTANCE: 182 SUPPORT: 168

www.capitalvia.com | 39
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead SIEMENS

Weekly Pivots

STOCK R2 R1 PP S1 S2

SIEMENS 739.3 730 723.5 714.2 707.7

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY EXPECT SOME CORRECTION IF IT CLOSE BELOW 695 TO 700. CLOSING BELOW THIS SUPPORT
ZONE MAY SLIP TILL THE LOWER LEVEL OF 650 IN NEAR TERM.

RESISTANCE: 766 SUPPORT: 650

www.capitalvia.com | 40
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead SBI

Weekly Pivots

STOCK R2 R1 PP S1 S2

STATE BANK 2387.63 2378.27 2369.18 2359.82 2350.73

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR BUY ON DIPS, THE SHORT TERM TARGETS FOR THE STOCK IS SEEMS TO BE AT THE
HIGHER LEVELS OF 2400, 2450.

RESISTANCE: 2417 SUPPORT: 2255

www.capitalvia.com | 41
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead SAIL

Weekly Pivots

STOCK R2 R1 PP S1 S2

STEEL AUTHOR 198.48 196.37 192.68 190.57 186.88

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR SELL ON RISE UNTIL IT CLOSE ABOVE 200 THE SHORT TERM TAGRETS FOR THE STOCK IS
SEEMS TO BE AT THE LOWER LEVELS OF 185 TO 186 IN NEAR TERM.

RESISTANCE: 220 SUPPORT: 185

www.capitalvia.com | 42
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead STERLITE

Weekly Pivots

STOCK R2 R1 PP S1 S2

STER EQ 170.27 168.98 167.62 166.33 164.97

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK THE NEXT RESISTANCE SEEMS TO BE AT THE HIGHER LEVEL OF 187. CLOSING ABOVE THIS RESISTANCE MAY
FURTHER CONFIRM THE PRICE HIKE IN IT.

RESISTANCE: 187 SUPPORT: 155

www.capitalvia.com | 43
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead SUN PHARMA

Weekly Pivots

STOCK R2 R1 PP S1 S2

SUN PHARMA. 1774.82 1758.63 1746.82 1730.63 1718.82

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY EXPECT SOME MORE CORRECTION FROM THE CURRENT LEVELS & MAY DRAG IT TILL THE LOWER
LEVELS OF 1650 TO 1660 IN NEAR TERM.

RESISTANCE: 1825 SUPPORT: 1715

www.capitalvia.com | 44
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead SUZLON

Weekly Pivots

STOCK R2 R1 PP S1 S2

SUZLON 59.53 59.17 58.83 58.47 58.13

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS IN THE RANGE BOUND MOVEMENT FROM FEW TRADING SESSIONS. THE NEXT SHORT TERM RESISTANCE SEEMS
TO BE AT THE HIGHER LEVELS OF 61 TO 62.

RESISTANCE: 61.00 SUPPORT: 52.10

www.capitalvia.com | 45
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead TCS

Weekly Pivots

STOCK R2 R1 PP S1 S2

TCS EQ 789.65 782.05 776.4 768.8 763.15

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK THE NEXT RESISTANCE ZONE SEEMS TO BE AT THE HIGHER LEVELS OF 790 TO 800. CLOSING ABOVE THIS
RESISTANCE ZONE MAY TAKE UP IT TILL THE HIGHER LEVELS OF 825 TO 830 IN SHROT TERM.

RESISTANCE: 835 SUPPORT: 725

www.capitalvia.com | 46
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead TATA MOTORS

Weekly Pivots

STOCK R2 R1 PP S1 S2

TATAMOTORSEQ 780.9 775.8 767.4 762.3 753.9

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK ONE MAY GO FOR SELL ON RISE UNTIL IT CLOSE ABOVE 800, THE SHORT TARGETS FOR THE STOCK IS SEEMS
TO BE AT THE LOWER LEVELS OF 750, 725.

RESISTANCE: 835 SUPPORT: 726

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Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead TATA POWER

Weekly Pivots

STOCK R2 R1 PP S1 S2

TATA POWER 1331.4 1323.65 1314.95 1307.2 1298.5

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS TRADING IN THE TRADING RANGE FROM FEW TRADING SESSIONS. ONE SHOULD WAIT FOR THE EITHER SIDES
BREAKOUT TIN THIS STOCK.

RESISTANCE: 1390 SUPPORT: 1286

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Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead TATA STEEL

Weekly Pivots

STOCK R2 R1 PP S1 S2

TATASTEEL 504.85 500.4 493.45 489 482.05

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
IN THIS STOCK THE NEXT RESISTANCE SEEMS TO BE AT THE HIGHER LEVEL OF 510. CLOSING ABOVE THIS RESISTANCE MAY
TAKE UP IT TILL THE HIGHER LEVEL OF 525 IN NEAR TERM.

RESISTANCE: 510 SUPPORT: 449

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Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead UNITECH

Weekly Pivots

STOCK R2 R1 PP S1 S2

UNITECH LTD 77.12 76.33 75.57 74.78 74.02

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK MAY FACE THE NEXT SHORT TERM RESISTANCE CLOSE TO THE LEVELS OF 80 TO 81. CLOSING ABOVE THIS
RESISTANCE RANGE MAY LEAD THE STOCK TOWARDS THE HIGHER LEVEL OF 85.

RESISTANCE: 81.00 SUPPORT: 65.00

www.capitalvia.com | 50
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

Weekly Ahead WIPRO

Weekly Pivots

STOCK R2 R1 PP S1 S2

WIPRO 406.3 403.75 400.1 397.55 393.9

Technical Picture

Figure: 1 : Nifty50 Graph

Technical Overview
STOCK IS IN THE RECOVERY PHASE AFTER THE CORRECTION PHASE, THIS PULL BACK MAY CONTINUE IN THE STOCK &
MAY TAKE UP IT TILL THE HIGHER LEVELS OF 420 TO 425 IN SHORT TERM.

RESISTANCE: 422 SUPPORT: 373

www.capitalvia.com | 51
Nifty50 Weekly Report
12th Jul to 17th Jul 2010
RESEARCH

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