TECHNICALS FOR 23-12-2014

23-Dec-2014

PICK OF THE DAY	TARGET 1	TARGET 2	STOP LOSS
BUY GSPL AT 114	119	122	112
FUTURES
BUY UNION BANK FUT AT 228	236	240	224

TECHNICAL OUTLOOK

SCRIP	CLOSE	SUPPORT	RESISTANCE	OUTLOOK
NIFTY	8324.00	8250 8198 8115	8415 8499 8555	RESISTANCE AT 8415.
BANK NIFTY	18747.35	18557 18185 17700	18888 19050 19325	SUPPORT AT 18557.
ITC	374.10	371 364 358	380 386 390	RESISTANCE AT 380.
REL INFRA	506.75	490 476 464	518 530 544	RESISTANCE AT 530.
SESASTER	210.85	205 202 196	214 218 223	RESISTANCE AT 214.
TCS	2513.40	2488 2435 2392	2535 2560 2615	RESISTANCE AT 2560.
SAIL	82.30	81 78 76	84 86 89	RESISTANCE AT 84.
SBI	307.70	301 297 290	311 315 318	RESISTANCE AT 315.
DLF	133.65	128 123 118	137 141 146	RESISTANCE AT 141.
INFOSYS	1999.60	1977 1940 1905	2019 2044 2092	RESISTANCE AT 2044.
TATA MOTORS	494.70	485 477 469	503 515 523	RESISTANCE AT 503.
BHEL	265.95	258 253 248	271 278 283	RESISTANCE AT 278.
TATA STEEL	404.05	392 379 371	413 422 430	RESISTANCE AT 413.
UNITECH	15.60	15 14.3 13.5	17 17.7 18.2	RESISTANCE AT 17.
ONGC	357.55	352 345 338	362 368 376	RESISTANCE AT 362.
JP ASSOCIATE	24.10	23 22.2 21	25 25.6 26	RESISTANCE AT 25.
RELCAPITAL	495.45	486 480 472	505 520 533	RESISTANCE AT 505.
RELIANCE	904.90	899 888 869	922 938 950	RESISTANCE AT 922.
HDIL	66.85	64 62 59	68 70 73	RESISTANCE AT 68.
MARUTI	3393.50	3333 3288 3225	3422 3470 3535	RESISTANCE AT 3422.
HINDALCO	155.80	153 149 144	159 162 165	RESISTANCE AT 159.
ACC	1383.50	1350 1322 1288	1395 1429 1460	RESISTANCE AT 1395.
LT	1524.20	1510 1479 1450	1555 1599 1628	RESISTANCE AT 1555.
L

STOCKS 2 WATCH SCRIP DECIDER LEVEL TREND PFS 64 SUNDARAM FASTNER 186 RATNAMANI 640 BHEL 265 COAL INDIA 390 TATA MOTORS 501 TVS MOTORS 252 HINDALCO 158 ARVIND 275 APOLLOTYRE 223