Support & Resistances for 24-12-2009

Support & Resistances for 24-12-2009
 
    SENSEX NIFTY FUTURE (Dec2009)
    BANKNIFTY NIFTY
23/12/2009 Open  16723.96 4990.05 8747.00 4993.00
High 17252.09 5150.60 8940.00 5161.90
Low 16723.96 4990.05 8747.00 4993.00
Close 17231.11 5144.60 8933.25 5156.85
LTP 17231.11 5144.60 8936.00 5157.50
Range 528.13 160.55 193.00 168.90
24/12/2009 R3 18125.31 5416.18 9259.42 5441.72
R2 17597.18 5255.63 9066.42 5272.82
R1 17414.15 5200.12 8999.83 5214.83
PP 17069.05 5095.08 8873.42 5103.92
S1 16886.02 5039.57 8806.83 5045.93
S2 16540.92 4934.53 8680.42 4935.02
S3 16012.79 4773.98 8487.42 4766.12
 
R1/R2/R3: Resistance
PP: Pivot Point
S1/S2/S3: Supports

Pivot Point 24-12-2009

24/12/2009 Pivot Point NSE
Symbol   LTP S3 S2 S1 Pivot Point R1 R2 R3
ABB 770.85 733.12 749.62 760.23 766.12 776.73 782.62 799.12
ACC 855.80 810.47 830.87 843.33 851.27 863.73 871.67 892.07
AMBUJACEM 99.15 90.17 94.22 96.68 98.27 100.73 102.32 106.37
AXISBANK 982.40 941.67 959.87 971.13 978.07 989.33 996.27 1014.47
BHARTIARTL 326.25 304.82 314.22 320.23 323.62 329.63 333.02 342.42
BHEL 2,365.05 2181.85 2261.75 2313.40 2341.65 2393.30 2421.55 2501.45
BPCL 608.55 590.38 600.83 605.77 611.28 616.22 621.73 632.18
CAIRN 279.10 226.68 255.13 267.12 283.58 295.57 312.03 340.48
CIPLA 348.65 333.47 341.22 344.93 348.97 352.68 356.72 364.47
DLF 365.85 333.20 347.65 356.75 362.10 371.20 376.55 391.00
GAIL 415.30 378.35 396.10 405.70 413.85 423.45 431.60 449.35
GRASIM 2,416.70 2205.57 2299.57 2358.13 2393.57 2452.13 2487.57 2581.57
HCLTECH 371.30 343.10 355.90 363.60 368.70 376.40 381.50 394.30
HDFCBANK 1,690.35 1580.12 1630.12 1660.23 1680.12 1710.23 1730.12 1780.12
HDFC 2,645.05 2438.35 2530.35 2587.70 2622.35 2679.70 2714.35 2806.35
HEROHONDA 1,704.40 1651.60 1678.40 1691.40 1705.20 1718.20 1732.00 1758.80
HINDALCO 153.40 123.33 136.93 145.17 150.53 158.77 164.13 177.73
HINDUNILVR 264.30 251.45 257.30 260.80 263.15 266.65 269.00 274.85
ICICIBANK 862.60 777.87 814.87 838.73 851.87 875.73 888.87 925.87
IDEA 59.95 55.88 57.68 58.82 59.48 60.62 61.28 63.08
IDFC 155.90 146.55 150.80 153.35 155.05 157.60 159.30 163.55
INFOSYSTCH 2,583.75 2395.25 2479.25 2531.50 2563.25 2615.50 2647.25 2731.25
ITC 253.60 230.20 240.60 247.10 251.00 257.50 261.40 271.80
JINDALSTEL 726.95 692.48 707.98 717.47 723.48 732.97 738.98 754.48
JPASSOCIAT 147.00 134.12 139.87 143.43 145.62 149.18 151.37 157.12
LT 1,672.00 1522.33 1587.33 1629.67 1652.33 1694.67 1717.33 1782.33
M&M 1,042.15 963.62 998.92 1020.53 1034.22 1055.83 1069.52 1104.82
MARUTI 1,558.35 1492.12 1522.12 1540.23 1552.12 1570.23 1582.12 1612.12
NTPC 229.80 196.63 211.13 220.47 225.63 234.97 240.13 254.63
ONGC 1,178.95 1112.38 1143.98 1161.47 1175.58 1193.07 1207.18 1238.78
PNB 904.75 867.42 884.32 894.53 901.22 911.43 918.12 935.02
POWERGRID 109.55 101.63 105.28 107.42 108.93 111.07 112.58 116.23
RANBAXY 528.85 507.78 517.38 523.12 526.98 532.72 536.58 546.18
RCOM 174.90 163.95 169.40 172.15 174.85 177.60 180.30 185.75
RELCAPITAL 849.25 770.32 806.02 827.63 841.72 863.33 877.42 913.12
RELIANCE 1,066.20 958.83 1005.33 1035.77 1051.83 1082.27 1098.33 1144.83
RELINFRA 1,069.75 981.42 1020.92 1045.33 1060.42 1084.83 1099.92 1139.42
RPOWER 147.05 141.42 144.02 145.53 146.62 148.13 149.22 151.82
SAIL 236.80 210.27 222.27 229.53 234.27 241.53 246.27 258.27
SBIN 2,210.00 2110.55 2154.60 2182.30 2198.65 2226.35 2242.70 2286.75
SIEMENS 571.20 512.38 538.63 554.92 564.88 581.17 591.13 617.38
STER 847.70 753.73 794.63 821.17 835.53 862.07 876.43 917.33
SUNPHARMA 1,544.10 1441.93 1486.83 1515.47 1531.73 1560.37 1576.63 1621.53
SUZLON 88.30 79.60 83.50 85.90 87.40 89.80 91.30 95.20
TATAMOTORS 746.45 691.48 716.28 731.37 741.08 756.17 765.88 790.68
TATAPOWER 1,339.40 1271.83 1303.53 1321.47 1335.23 1353.17 1366.93 1398.63
TATASTEEL 604.05 537.02 566.42 585.23 595.82 614.63 625.22 654.62
TCS 746.55 692.63 716.58 731.57 740.53 755.52 764.48 788.43
UNITECH 81.90 76.63 79.03 80.47 81.43 82.87 83.83 86.23
WIPRO 693.50 657.17 673.17 683.33 689.17 699.33 705.17 721.17

Today’s Levels (23-12-2009)

(Last Close : Sensex 16692 : Nifty Spot 4986)

Today’s Levels

Trade long if Sensex sustains above 16660 (Nifty 4972)
[Upper targets/resistances at 16692(4986)/16738(4997) or higher]

Trade short if Sensex fails to sustain above 16692 (Nifty 4986)
[Lower targets/supports at 16660(4972)/16622(4960) or lower]

FOR THE DAY (23-12-2009)

FOR THE DAY:

The indices are expected to open on a flat-to-positive note today tracking positive global indices.

Traders are advised to trade long if Nifty holds 5000 levels with stop loss placed at 4980 for targets of 5050.

Alternatively, trade short in Nifty below 4970 targeting 4920/4900 levels.