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23 December 2013

BSE index: (21080) Consider for this week...Buy considering 21017 a nearest & 20900 a crucial support keeping stop loss of 20746. Upward side it'll rush up further to 21200 initially which is a crucial hurdle. A close above 21200 heavy fresh buying will take it up to 21295, 21466 & thereafter to 21745.

Nifty DEC Future: (6292) Consider for this week....Buy considering 6250 & 6236 crucial supports keeping stop loss of 6170. Upward side it'll rush up further to 6376 initially which is a most crucial hurdle to watch out for. A close above 6376 heavy fresh buying will take it up to 6429 & thereafter to 6514.

Bank Nifty DEC Future: (11327) Consider for this week...It'll surge up further to 11392 & 11455 initially where profit booking will be seen, keep stop loss of 11550 to your shorts. In better scenario a close above 11550 heavy short covering will take it up to 11945. Downward side 11216 a nearest & 11052 a most crucial support. In worst scenario a close below 11052 heavy selling will drag it down to 10710-10651 & thereafter to 10490.

COL PAL: (1305) Just grab current futures keeping stop loss of 1285.All set to shoot up to 1370 in hours only.

MARUTI: (1810) Buy considering 1802 & 1774 solid supports keeping stop loss of 1745. Upward side it'll spurt up further to 1866 & 1920.

M&M: (969) Buy considering 960-955 a crucial support keeping stop loss of 946. Upward side it'll surge up to 984 & 1002.

BHARAT FORGE: (326) Buy considering 319 & 315 solid supports keeping stop loss of 308. Upward side it'll spurt up to 333, 342 & 355.

APOLLO TYRES: (92.50) Buy considering 90 & 88 crucial supports keeping stop loss of 86.50. Upward side it'll spurt up to 99.50 & 103.50.

CAN Bank: (265) Buy considering 261 & 259 crucial supports keeping stop loss of 254. Upward side it'll spurt up to 275.50 & 283.

UNION Bank: (123) Buy considering 121 a solid support keeping stop loss of 118.50. Upward side it'll surge up to 131.50 & 137.

SHRIRAM TRANSPORT: (659.50) Buy considering 647 a crucial support keeping stop loss of 640. Upward side it'll spurt up to 662 & 683.

TATA GLOBAL: (153) Buy on declines considering 150.50-149.50 a crucial support keeping stop loss of 147. Upward side it'll spurt up to 161.50 & 167.

INFY: (3552) Buy considering 3539 & 3509 solid supports keeping stop loss of 3470. Upward side it'll spurt up to 3594 & closing above which 3715.

TECH MAH: (1844) Buy considering 1835 a solid support keeping stop loss of 1799. Upward side it'll spurt up to 1922.

DR REDDY: (2509) Buy considering 2487 a solid support keeping stop loss of 2458. Upward side it'll spurt up to 2538 & 2570.

DIVIS LAB: (1183) Buy considering 1165 a solid support keeping stop loss of 1150. Upward side it'll spurt up to 1251.

BIOCON: (437) Crossover above 446 it'll spurt up to 462 & 472. Downward side 433 & 425 crucial supports.

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