TECHNICALS FOR 3-12-2014

PICK OF THE DAY	TARGET 1	TARGET 2	STOP LOSS
BUY MCDOWELL AT 2915	2960	3000	2900
FUTURES
SELL TATAMOTORS FUT AT 537	525	516	542

TECHNICAL OUTLOOK

SCRIP	CLOSE	SUPPORT	RESISTANCE	OUTLOOK
NIFTY	8524.70	8480 8405 8333	8644 8718 8805	STRONG RESISTANCE AT 8644.
BANK NIFTY	18555.85	18220 17810 17300	18865 19080 19490	RESISTANCE AT 18865.
ITC	365.80	356 348 342	368 373 377	RESISTANCE AT 368.
REL INFRA	606.10	575 559 544	618 635 647	RESISTANCE AT 618.
SESASTER	229.05	219 213 208	237 243 247	RESISTANCE AT 237.
TCS	2657.30	2612 2589 2528	2686 2728 2764	RESISTANCE AT 2686.
SAIL	89.40	87 85 82	92 94 97	RESISTANCE AT 92.
SBI	318.70	314 309 300	326 333 339	SUPPORT AT 314.
DLF	153.80	149 144 140	158 163 169	RESISTANCE AT 158.
INFOSYS	2126.60	2095 2068 2029	2144 2187 2202	RESISTANCE AT 2144.
TATA MOTORS	528.95	522 515 494	537 545 553	RESISTANCE AT 537.
BHEL	271.45	267 262 256	276 280 288	RESISTANCE AT 276.
TATA STEEL	465.20	454 446 437	474 482 494	RESISTANCE AT 474.
UNITECH	18.60	18 17 16.20	19.50 20 21.5	RESISTANCE AT 19.50
ONGC	360.50	352 346 338	370 379 385	RESISTANCE AT 370.
JP ASSOCIATE	29.70	28 27 26.40	30.5 31.5 32	RESISTANCE AT 30.50
RELCAPITAL	520.45	505 493 486	528 537 545	RESISTANCE AT 528.
RELIANCE	962.65	951 939 925	975 988 1009	RESISTANCE AT 975.
HDIL	81.25	79 76 73	83 84 87	RESISTANCE AT 83.
MARUTI	3356.85	3333 3288 3225	3415 3465 3520	RESISTANCE AT 3415.
HINDALCO	171.05	166 163 158	174 178 182	RESISTANCE AT 174.
ACC	1479.00	1438 1400 1365	1495 1533 1577	RESISTANCE AT 1495.
LT	1639.65	1590 1555 1500	1659 1685 1700	RESISTANCE AT 1659.
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STOCKS 2 WATCH SCRIP DECIDER LEVEL TREND BEML 740 HMT 40 BEL 2500 MRF 34200 WOCKPHARMA 930 RPOWER 67 PNB 1115 GAIL 468 HDFCBANK 950 TCS 2670