TECHNICALS FOR 16-1-15

PICK OF THE DAY	TARGET 1	TARGET 2	STOP LOSS
BUY GUJALKALI AT 189	196	200	186
FUTURES
BUY IDFC FUT AT 167.5	173	175	165.50

TECHNICAL OUTLOOK

SCRIP	CLOSE	SUPPORT	RESISTANCE	OUTLOOK
NIFTY	8494.15	8408 8358 8282	8555 8620 8700	RESISTANCE AT 8555.
BANK NIFTY	19235.65	19050 18885 18650	19558 19880 19999	RESISTANCE AT 19558.
ITC	357.90	353 348 344	361 366 369	RESISTANCE AT 361.
REL INFRA	486.85	478 463 454	499 512 524	RESISTANCE AT 499.
SESASTER	189.70	184 178 173	193 196 201	RESISTANCE AT 196.
TCS	2539.10	2508 2477 2418	2565 2606 2644	RESISTANCE AT 2565.
SAIL	77.55	74 71 68	79 80 81	RESISTANCE AT 79.
SBI	320.30	316 312 307	324 329 334	RESISTANCE AT 329.
DLF	147.80	143 138 132	154 159 166	RESISTANCE AT 159.
INFOSYS	2134.25	2085 2050 2015	2158 2190 2225	RESISTANCE AT 2158.
TATA MOTORS	532.95	521 512 500	549 560 568	RESISTANCE AT 549.
BHEL	268.95	263 257 250	273 278 284	RESISTANCE AT 273.
TATA STEEL	384.75	376 368 360	393 400 408	RESISTANCE AT 393.
UNITECH	16.85	16 15 14.50	17.5 18 19	RESISTANCE AT 17.50
ONGC	346.50	337 330 324	355 361 368	RESISTANCE AT 355.
JP ASSOCIATE	25.85	25 24 22.80	27 27.6 28.3	RESISTANCE AT 27.
RELCAPITAL	462.90	449 440 432	474 485 499	RESISTANCE AT 474.
RELIANCE	864.25	855 838 825	878 888 897	RESISTANCE AT 878.
HDIL	77.65	75 72 70	80 82 85	RESISTANCE AT 80.
MARUTI	3625.80	3588 3543 3500	3666 3735 3782	RESISTANCE AT 3666.
HINDALCO	141.90	139 136 133	144 147 150	RESISTANCE AT 144.
ACC	1514.40	1490 1466 1444	1555 1589 1608	RESISTANCE AT 1555.
LT	1573.70	1538 1500 1477	1599 1644 1686	RESISTANCE AT 1599.
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STOCKS 2 WATCH SCRIP DECIDER LEVEL TREND ONMOBILE 82 HSIL 415 ASTRA MICRO 133 RAMCO IND 98 JSW ENERGY 105 SSLT 194 TATASTEEL 390 HINDUNILVR 929 FEDERAL BANK 147 WIPRO 566