Technical Calls : 2 august 11

Sell JINDAL SOUTH WEST FUTURES at cmp 

First target: 734

Second Target: 720

Stop loss: 761.45

Buy HEXAWARE FUTURES above 92.50 

First target: 93.25

Second target: 94.50

Stop loss 91.25

STOCK MARKET TECHNICAL OUTLOOK:

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 1-58

Resistance 2- 60

Support 1- 46

Support 2- 42

United bank of India

United bank of India announced quarter result on 30^THJuly. The script closed trading at 93.10 .Expected resistance and support levels for the scrip for the next trading session are:

Resistance 1: 95

Resistance 2: 97

Support 1: 91

Support 2: 88