Hot stocks for Monday (18th april 11) , Stock of The Week -

Here are some suggestions for the stocks which can give you a good profit on next trading session-

Ashok Leyland Ltd

Today closed at 55.05 -0.20 (-0.3%)

Details Technicals for 18-04-2011

Open 55.50 Resistance 3 56.27

Last close 55.25 Resistance 2 56.01

Today's high 55.75 Resistance 1 55.52

Today's low 55.00 PP (Pivot Point) 55.26

Volume 4,028,282 Support 1 54.77

52-Week high 37.95 Support 2 54.51

52-Week low 12.90 Support 3 54.02

HCL Technologies Ltd

Today Closed at 482.70 -14.60 (-2.9%)

Details Technicals for 18-04-2011

Open 499.00 Resistance 3 516.05

Last close 497.30 Resistance 2 507.95

Today's high 499.85 Resistance 1 495.3

Today's low 479.10 PP (Pivot Point) 487.2

Volume 1,016,400 Support 1 474.55

52-Week high 455.50 Support 2 466.45

52-Week low 332.75 Support 3 453.8

Sintex Industries Ltd

Today closed at 165.25 +1.00 (0.60%)

Details Technicals for 18-04-2011

Open 161.25 Resistance 3 172.25

Last close 164.25 Resistance 2 169.25

Today's high 166.25 Resistance 1 167.2

Today's low 161.20 PP (Pivot Point) 164.2

Volume 936,476 Support 1 162.15

52-Week high 458.00 Support 2 159.15

52-Week low 203.55 Support 3 157.1

Market Overview on Nifty for 18th April ’11

The S&P CNX Nifty closed at 5824.55, down by 86.95 or 1.47 %.

The Nifty futures closed and settled finally at 5825, down by 113.10 points or 1.90 %. It looking bearish in the coming trading session if it manages to trade below the support level of 5750 else above resistance level of 5925 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5925 & above this level the next resistance is seen near the 6000 mark.

SUPPORT: It has first support close to the level of 5750 & below this level the next support is seen near 5695 mark.

Stock of the Week (18th-22nd April ‘11)

Bharti Airtel

Bharti Airtel CMP 372.40, after a long consolidation the stock now starts moving in uptrend. The stock has immediate resistance level of 377 above which it may continue the upside momentum. So we recommend buy the stock above the level of 377 with expecting targets of 380-396 by holding the SL of 360.