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Recommendations
Monday, October 06, 2008
Stock Technical Levels
RIL: (1961) Expect 1739, 1724 & 1670 initially. Consider 1670 a crucial support.
REL INFRA: (741) Looks weak. Expect 732-725 & 703 initially. Break below 703 expect 667 & 612.
REL CAP: (1067) Expect 1038 & 996 initially. Break below 996 further panic will be seen.
ICICI Bank: (504) Expect 494 & 477 initially. Consider 477 a crucial support closing below which expect 458-450 & there after real panic will be seen.
PUNJ LLOYD: (268) Break below 262 huge panic will be seen.
DLF: (336) Break below 330 expect 310 & 278.
TISCO: (394) 382 a crucial support break below which expect 324.
SAIL: (115) Looks weak, expect 108 & 97.
JINDAL STEEL: (1151) Looks weak, expect 1058 & 995 in panic.