MURUGAVEL

NIFTY - today intra-day may come down to 5030 & 4980-4950 and after that whether it Close above 5050? (see 13 jan.10 posting). Major trend reversal may possible today favour to Bears. Can Bulls fight back ?

SIEMENS - below 622 may fall upto 605 & 592

RAYMOND - support 245 & 232 resist at 273 & 292

MAHLIFE - support 390, 375 & resistance 420, 440

JAICORP - below 288 come down to 263 & 250

EVERONN - weak below 425 and after break 410 may fall 390 & 375

DRREDDY - last support 1100, if break and trade below this level next attack 1060-1050.

BHARISHIP - Weak below 310 may come down 290-288 and below 276 & 248