TECHNICAL CALLS: 1st August 2011

CANARA BANK

Sell Canara Bank at cmp

Target 1:544

Target 2:538

Stop Loss 564.45

AXIS BANK

Buy axis bank above 1340

Target1: 1348

Target 2:1360

Stop Loss 1324.45

STOCK MARKET TECHNICAL OUTLOOK: 1 August 2011

SUZLON ENERGY

SUZLON ENERGY is going to announce its first quarter results on 29^TH 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 30^THJuly. 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