TECHNICALS FOR 15-12-2014

PICK OF THE DAY	TARGET 1	TARGET 2	STOP LOSS
BUY AMARAJA BATTERY AT 750	775	790	742
FUTURES
SELL RELIANCE FUT AT 890	875	869	897

TECHNICAL OUTLOOK

SCRIP	CLOSE	SUPPORT	RESISTANCE	OUTLOOK
NIFTY	8224.10	8198 8050 7970	8250 8306 8415	STRONG RESISTANCE AT 8250.
BANK NIFTY	18299.75	18220 18085 17810	18557 18705 18950	RESISTANCE AT 18557.
ITC	395.70	390 386 378	399 402 407	RESISTANCE AT 399.
REL INFRA	529.10	544 528 505	569 586 598	RESISTANCE AT 569.
SESASTER	215.90	216 210 202	225 229 237	RESISTANCE AT 225.
TCS	2450.70	2488 2445 2392	2529 2555 2589	RESISTANCE AT 2529.
SAIL	78.80	78 76 73	81 83 86	RESISTANCE AT 81.
SBI	311.35	311 303 296	319 326 333	RESISTANCE AT 319.
DLF	152.05	154 149 144	164 169 175	RESISTANCE AT 164.
INFOSYS	1938.65	1948 1919 1885	1989 2005 2028	RESISTANCE AT 1989.
TATA MOTORS	499.95	494 481 470	515 524 537	RESISTANCE AT 524.
BHEL	247.35	248 242 237	259 264 272	RESISTANCE AT 259.
TATA STEEL	402.70	426 419 410	444 453 465	RESISTANCE AT 444.
UNITECH	16.75	17.50 17 16.20	19 19.50 20	RESISTANCE AT 19.
ONGC	337.10	354 346 338	367 378 383	RESISTANCE AT 367.
JP ASSOCIATE	26.15	27 26.40 25	29 30 30.50	RESISTANCE AT 29.
RELCAPITAL	525.60	525 505 493	552 566 580	RESISTANCE AT 552.
RELIANCE	882.35	925 908 895	943 955 968	RESISTANCE AT 943.
HDIL	68.10	72 70 67	75 77 80	RESISTANCE AT 76.
MARUTI	3379.30	3288 3225 3176	3387 3435 3465	RESISTANCE AT 3387.
HINDALCO	153.35	152 147 143	159 163 169	RESISTANCE AT 159.
ACC	1429.95	1400 1365 1322	1460 1495 1533	RESISTANCE AT 1460.
LT	1510.95	1528 1500 1464	1588 1605 1633	RESISTANCE AT 1588.
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STOCKS 2 WATCH SCRIP DECIDER LEVEL TREND BOMBAY DYEING 68 HITACHI HOME 855 KPIT 189 RATNAMANI 625 WOCKPHARMA 1035 JAIN IRRIGATION 77 IRB 245 UCOBANK 81 JUSTDIAL 1300 RCOM 90