Saturday, 30 July 2011

STOCK MARKET TECHNICAL OUTLOOK: 1 August 2011


SUZLON ENERGY

SUZLON ENERGY is going to announce its first quarter results on 29TH July. It has seen trading within the range of 53 to 52 on Friday. Expected levels for this script are as follow:

Resistance 1-56
Resistance 2- 58

Support 1- 49
Support 2- 46

GRASIM INDUSTRIES

GRASIM is going to announce the quarter result on 30THJuly. The script closed trading at 2196 .Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1-2229
Resistance 2- 2263

Support 1- 2172
Support 2- 2148

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