TECHNICAL OUTLOOK FOR 1-8-2014

SCRIP	CLOSE	SUPPORT	RESISTANCE	OUTLOOK
NIFTY	7721.30	7630 7570 7505	7805 7888 7935	STRONG SUPPORT AT 7699. EXPECT FURTHER STEEP SELLING PRESSURE BELOW 7699.
BANK NIFTY	15267.60	15050 14880 14660	15400 15630 15800	RESISTANCE AT 15400.
ITC	356.05	351 347 344	359 362 366	RESISTANCE AT 359.
REL INFRA	741.40	733 708 688	748 763 785	RESISTANCE AT 748.
SESASTER	290.25	283 275 269	293 299 307	RESISTANCE AT 293.
TCS	2580.05	2555 2491 2432	2600 2666 2698	SUPPORT AT 2555.
SAIL	87.85	85 82 80	89 91 94	RESISTANCE AT 89.
SBI	2439.25	2420 2400 2378	2450 2465 2490	RESISTANCE AT 2450.
DLF	198.25	193 186 181	201 205 212	RESISTANCE AT 201.
INFOSYS	3367.65	3335 3310 3275	3385 3408 3440	RESISTANCE AT 3385.
TATA MOTORS	446.75	439 433 425	452 458 466	RESISTANCE AT 452.
BHEL	228.35	225 222 218	231 235 239	RESISTANCE AT 231.
TATA STEEL	553.40	541 528 520	560 566 578	RESISTANCE AT 560.
UNITECH	25.45	24 23 21	26.50 28 30	RESISTANCE AT 26.50
ONGC	395.35	388 381 373	401 408 416	RESISTANCE AT 401.
JP ASSOCIATE	58.45	56 54 51	60 61 64	RESISTANCE AT 60.
RELCAPITAL	583.80	572 555 521	590 599 611	RESISTANCE AT 590.
RELIANCE	1006.45	995 983 971	1014 1025 1040	RESISTANCE AT 1014.
HDIL	92.75	91 88 85	94 96 99	RESISTANCE AT 94.
MARUTI	2524.05	2485 2460 2425	2545 2568 2599	RESISTANCE AT 2545.
HINDALCO	191.70	187 182 175	193 196 202	RESISTANCE AT 193.
ACC	1395.90	1370 1350 1313	1410 1438 1491	RESISTANCE AT 1410.
LT	1502.90	1480 1465 1445	1530 1555 1590	RESISTANCE AT 1530.