Here are some stocks and their trading strategies which have shown a good momentum today and may be posibility is that these stocks may give good return from market on Monday-


Dena Bank

Today closed at 104.25 with -3.85 or -3.5%

Details           Technicals for        02-05-2011

Open 108.00                                   Resistance 3          113.95

Last close 108.10                            Resistance 2           111.45

Today's high 108.95                         Resistance 1           107.8

Today's low 102.80                       PP (Pivot Point)          105.3

Volume 3,971,451                                Support 1          101.65

52-Week high 149.50                            Support 2            99.15

52-Week low 80.50                               Support 3            95.5 



Sangam (India) Ltd

Today closed at 51.20 with +0.65 or 1.28%

Details            Technicals       for             02-05-2011

Open 51.00                                     Resistance 3          54.37

Last close 50.55                               Resistance 2          53.66

Today's high 52.95                            Resistance 1          52.42

Today's low 51.00                        PP (Pivot Point)           51.71

Volume 113,457                                   Support 1           50.47

52-Week high 59.00                              Support 2           49.76

52-Week low 29.50                                Support 3           48.52 



Support and Resistance levels of Nifty For 2nd May '11

RESISTANCE: It has first resistance close to the level of 5825 & above this level the next resistance is seen near the 5950 mark.


SUPPORT: It has first support close to the level of 5695 & below this level the next support is seen near 5570 mark.


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