Tuesday, July 29, 2008

29-07-2008 Stocks to Watch

RIL: (2179) 2189 a solid resistance. Break below 2105 fresh selling will be seen.

RCOM: (512) Sell. Break below 499 heavy selling will underway.

REL INFRA: (987) Break below 960 heavy fresh selling will underway. 1032 & 1065 solid resistances.

SBI & PNB: Sell.

ICICI Bank: (664) 646 & 622 crucial supports. Break below 622 fresh selling will be seen.
Upward side 668 & 690 solid resistance & trend decider.

KOTAK Bank: (578) 564 a crucial support & 545 a trend decider. Crossover above 584 up surges will be seen.

L&T: (2724) 2699 a nearest support & 2600 a trend decider. Crossover above 2800 up surges will be seen.

BHEL: (1649) 1610 & 1745 crucial trend deciders.

TISCO, STERLITE, HINDALCO, NALCO & JINDAL STEEL: Looks weak.

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