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anish

, 13-08-10 at 10:31 AM (164 Views)

Originally Posted by anish

AUGUST 13, 2010

Market may open with a flat note and is expected to get support at lower level and we may see value buying emerging in the later part of the day.

sensex (18073)

Sensex has resistance at 18120, 18207 and 18319. Support at 17986, 17932 and 17894.

NIFTY (5416)

Resistance at 5427, 5453, 5480. Support at 5398, 5380, 5372 and 5355.

RECOMMENDATIONS

1) ADHUNIK METALS (114.75)

Support at 112 below it can test 109 (Buy at declines). Resistance is there at 116 above it can test 121 and 128.

2) SIMPLEX PROJECTS (315)

Resistance at 319 above it can test 323 and 331. Support at 311 below it can test 308 (BUY AT DECLINES)

3) MAN INDUSTRIES (90.45)

. Resistance is there at 93 above it can test 96 and thereafter all round buying. (Buy at declines). Support at 88 AND 85.

4) TISCO (519.9)

Resistance at 524 above it can test 536 and 551. Support at 510 and 503... (Buy at declines)

5) INDUSIND BANK (223)

Resistance at 226 if moves above with volumes then it can test 235 and more. Support at 219 and 215. (Buy at declines)