TECHNICALS FOR 5-12-2014

PICK OF THE DAY	TARGET 1	TARGET 2	STOP LOSS
BUY JKTYRE AT 675	705	720	666
FUTURES
SELL RELIANCE FUT AT 972	949	935	981

TECHNICAL OUTLOOK

SCRIP	CLOSE	SUPPORT	RESISTANCE	OUTLOOK
NIFTY	8564.40	8480 8405 8333	8644 8718 8805	STRONG RESISTANCE AT 8644.
BANK NIFTY	18782.85	18220 17810 17300	18950 19280 19490	RESISTANCE AT 18950.
ITC	383.15	378 373 368	388 393 399	RESISTANCE AT 388.
REL INFRA	595.85	586 575 559	607 618 635	RESISTANCE AT 607.
SESASTER	237.15	232 226 223	242 247 254	RESISTANCE AT 242.
TCS	2637.95	2612 2589 2528	2686 2728 2764	RESISTANCE AT 2686.
SAIL	85.25	84 82 79	87 89 91	RESISTANCE AT 87.
SBI	320.30	314 309 300	326 333 339	SUPPORT AT 314.
DLF	154.35	149 144 140	158 163 169	RESISTANCE AT 158.
INFOSYS	2101.80	2068 2029 1980	2144 2187 2202	RESISTANCE AT 2144.
TATA MOTORS	527.75	522 515 494	537 545 553	RESISTANCE AT 537.
BHEL	273.90	267 262 257	278 283 288	RESISTANCE AT 278.
TATA STEEL	461.85	454 446 437	472 482 494	RESISTANCE AT 472.
UNITECH	18.45	18 17 16.20	19.50 20 21.5	RESISTANCE AT 19.50
ONGC	370.80	363 352 346	379 385 392	RESISTANCE AT 379.
JP ASSOCIATE	29.00	28 27 26.40	30.5 31.5 32	RESISTANCE AT 30.50
RELCAPITAL	535.90	528 505 493	552 566 580	RESISTANCE AT 552.
RELIANCE	958.55	951 939 925	966 975 988	RESISTANCE AT 966.
HDIL	79.35	78 76 73	81 83 84	RESISTANCE AT 81.
MARUTI	3406.85	3333 3288 3225	3435 3465 3520	RESISTANCE AT 3435.
HINDALCO	165.90	163 158 154	169 174 178	RESISTANCE AT 169.
ACC	1476.25	1438 1400 1365	1495 1533 1577	RESISTANCE AT 1495.
LT	1629.30	1590 1555 1500	1659 1685 1700	RESISTANCE AT 1659.
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STOCKS 2 WATCH SCRIP DECIDER LEVEL TREND TEXRAIL 135 BAYERCROP 2935 BRITANNIA 1825 NBCC 875 SIEMENS 975 BHARTI AIRTEL 375 RELINFRA 603 IRB 263 IDBI 74 RECLTD 341