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Tuesday, July 6, 2010

BUY CENTURY TEXT 06/07/2010

BUY CENTURY TEXT  463.00 - 461.00 Stop-Loss  459.30 Tgt 470.00

BANKNIFTY FOR SUPPORT 06/07/2010

BANKNIFTY (2nd Resistance) 9616.87
(1st Resistance) 9509.73
Pivot point 9392.87
(1st Support) 9285.73
(2nd support) 9168.87

NIFTY FOR SUPPORT 06/07/2010

NIFTY (2nd Resistance) 5279.97
(1st Resistance) 5264.53
Pivot point 5249.47
(1st Support) 5234.03
(2nd support) 5218.97

Monday, July 5, 2010

BUY JETAIRWAYS 05/07/2010

BUY JETAIRWAYS CMP 520 STOP-LOSS 501 TARGET 1-534 TARGET 2-548 FOR 4 DAY

pick of the week 4 buy tech mahindra

Pick of the Week 4 : Buy Tech Mahindra  at CMP of Rs.755 with short term technical target of Rs. 885 and long term fundamental target of Rs. 974

SELL ABAN 05/07/2010

 Sell ABAN  816.50 - 817.50 Stop-Loss  822.00  Tgt 803.00

NIFTY FOR SUPPORT 05/07/2010

NIFTY (2nd Resistance) 5303.35
(1st Resistance) 5277.1
Pivot point 5258.55
(1st Support) 5232.3
(2nd support) 5213.75

Friday, July 2, 2010

BUY RCF 02/07/2010

Positional call Buy RCF  87-86.80 Stop loss  84.30 target  97-97.50 (time 2-3 weeks)

BUY ICICIBANK 02/07/2010

Intraday call Buy ICICIBANK  845-846 Stop loss  839.50 target  858-860

BUY TULIP 02/07/2010

 Intraday call Buy TULIP  892-895 Stop loss  886.50 Target  930

BANKNIFTY FOR SUPPORT 02/07/2010

BANKNIFTY (2nd Resistance) 9492.33
(1st Resistance) 9427.67
Pivot point 9374.33
(1st Support) 9309.67
(2nd support) 9256.33

NIFTY FOR SUPPORT 02/07/2010

NIFTY (2nd Resistance) 5298.77
(1st Resistance) 5278.53
Pivot point 5254.77
(1st Support) 5234.53
(2nd support) 5210.77

Thursday, July 1, 2010

BANKNIFTY FOR SUPPORT 01/07/2010

BANKNIFTY (2nd Resistance) 9635.68
(1st Resistance) 9562.47
Pivot point 9436.78
(1st Support) 9363.57
(2nd support) 9237.88

NIFTY FOR SUPPORT 01/07/2010

NIFTY (2nd Resistance) 5386.02
(1st Resistance) 5351.13
Pivot point 5288.12
(1st Support) 5253.23
(2nd support) 5190.22

Global Markets 01/07/2010

DOW9774(-96)NASDEQ2109(-25)S&P1030(-10)SGX (-58)HSG(-119)NIKI(-182)KOSPI(-30)STRAITS(-16)SHANGHAI(-5)FII(+589)DII(-151)

Wednesday, June 30, 2010

BANKNIFTY FOR SUPPORT 30/06/2010

BANKNIFTY (2nd Resistance) 9588.27
(1st Resistance) 9494.08
Pivot point 9424.82
(1st Support) 9330.63
(2nd support) 9261.37

NIFTY FOR SUPPORT 30/06/2010

NIFTY (2nd Resistance) 5359.15
(1st Resistance) 5312.8
Pivot point 5276.45
(1st Support) 5230.1
(2nd support) 5193.75

Tuesday, June 29, 2010

BUY STOCK ,SELL STOCK 29/06/2010

Balramchin

Buy Level  : 87.2 Target : 88.1-89.0-90.6 SL : 86.15
Sell Level : 85.0 Target : 84.1-83.2-81.6 SL : 86.15

Bajajhind:

Buy Level  : 121.35 Target : 122.65-123.95-126.05 SL : 119.9
Sell Level : 118.45 Target : 117.15-115.85-113.75 SL : 119.9

NIFTY BUY & SELL 29/06/2010

Nifty

Buy Level  : 5350 Target : 5351-5369-5386 SL : 5338
Sell Level : 5326 Target : 5316-5306-5289 SL : 5338

BANKNIFTY FOR SUPPORT 29/06/2010

BANKNIFTY (2nd Resistance) 9627.72
(1st Resistance) 9590.48
Pivot point 9527.77
(1st Support) 9490.53
(2nd support) 9427.82

NIFTY FOR SUPPORT 29/06/2010

NIFTY (2nd Resistance) 5378.88
(1st Resistance) 5359.42
Pivot point 5325.53
(1st Support) 5306.07
(2nd support) 5272.18

Global Markets 29/06/2010

 DOW10138(-5)NASDEQ2220(-2)S&P1074(-2)SGX (-13)HSG(-211)NIKI(+55)KOSPI(+1)STRAITS(-2)SHANGHAI(-10)FII(+792)DII(-94)

Monday, June 28, 2010

NIFTY BUY & SELL 28/06/2010

Buy Level  : 5307 Target : 5327-5348-5382 SL : 5283.6
Sell Level : 5260 Target : 5238-5217-5186 SL : 5283.6

BANKNIFTY FOR SUPPORT 28/06/2010

BANKNIFTY (2nd Resistance) 9722.37
(1st Resistance) 9603.88
Pivot point 9531.62
(1st Support) 9413.13
(2nd support) 9340.87

NIFTY FOR SUPPORT 28/06/2010

NIFTY (2nd Resistance) 5357.83
(1st Resistance) 5320.77
Pivot point 5296.88
(1st Support) 5259.82
(2nd support) 5235.93

Thursday, June 24, 2010

Global Markets 24/06/2010

DOW10298(+4)NASDEQ2254(-7)S&P1092(-3)SG-13)HANGSANG(-52)NIKKI(+16)STRAITS(-1)KOSPI(+5)SHANGHAI(-3)FII(+265)DII(-866)

Wednesday, June 23, 2010

BUY & SELL STOCK 23/06/2010

Sesagoa

Buy Above  : 377.6 SL : 375.8 Tar : 379.0-380.6-383.1
Sell Below  : 374.0 SL : 375.8 Tar : 372.0-370.9-368.5

NIFTY BUY & SELL 23/06/2010

Nifty
Buy above  : 5333 SL: 5320 Tar : 5343-5453-5470
Sell Below : 5308 SL: 5320 Tar : 5287-5271-5243

BUY STOCK 23/06/2010

(1) Jyothi Structures (513250) :- CMP - 152, Technical Target Price - 175 and Fundamental Target Price - 215
(2) Anant Raj Industries (515055) : - CMP - 109, Technical Target Price - 135 and Fundamental Target Price - 178.

Tuesday, June 22, 2010

BANKNIFTY FOR SUPPORT 22/06/2010

BANKNIFTY (2nd Resistance) 9886
(1st Resistance) 9817.6
Pivot point 9711.3
(1st Support) 9642.9
(2nd support) 9536.6

NIFTY FOR SUPPORT 22/06/2010

NIFTY (2nd Resistance) 5411.75
(1st Resistance) 5384.7
Pivot point 5350.5
(1st Support) 5323.45
(2nd support) 5289.25

Friday, June 18, 2010

FII Data 18/06/2010

FIIs have net bought worth Rs 858.3 Cr and MFs have net sold worth Rs 148 Cr on 17.02.10 in Cash Segment

SELL IOB 18/06/2010

Sell  IOB  101.80 Stop loss  102.80 Target  98.65

BUY SESAGOA 18/06/2010

BUY SESAGOA  362.40-361 Stop loss  358 target1- 371target2-372

BANKNIFTY FOR SUPPORT 18/06/2010

BANKNIFTY (2nd Resistance) 9703.9
(1st Resistance) 9643.9
Pivot point 9536.95
(1st Support) 9476.95
(2nd support) 9370

NIFTY FOR SUPPORT 18/06/2010

NIFTY (2nd Resistance) 5353.6
(1st Resistance) 5319.2
Pivot point 5262.6
(1st Support) 5228.2
(2nd support) 5171.6

Thursday, June 17, 2010

NIFTY FOR SUPPORT 17/06/2010

NIFTY (2nd Resistance) 5267.42 
(1st Resistance) 5246.93
Pivot point 5228.97
(1st Support) 5208.48 
(2nd support) 5190.52

Wednesday, June 16, 2010

BANKNIFTY FOR SUPPORT 16/06/2010

BANKNIFTY (2nd Resistance) 9657.75
(1st Resistance) 9597.65
Pivot point 9498.9
(1st Support) 9438.8
(2nd support) 9340.05

NIFTY FOR SUPPORT 16/06/2010

NIFTY (2nd Resistance) 5289.77
(1st Resistance) 5262.03
Pivot point 5217.52
(1st Support) 5189.78
(2nd support) 5145.27

Tuesday, June 15, 2010

BANKNIFTY FOR SUPPORT 15/06/2010

BANKNIFTY (2nd Resistance) 9592.93
(1st Resistance) 9556.87
Pivot point 9493.43
(1st Support) 9457.37
(2nd support) 9393.93

NIFTY FOR SUPPORT 15/06/2010

NIFTY (2nd Resistance) 5254.77
(1st Resistance) 5229.78
Pivot point 5184.02
(1st Support) 5159.03
(2nd support) 5113.27

Global Markets 15/06/2010

DOW10190(-20)NASDEQ2243(+.36)S&P1089(1.97)SGX (+3)HANGSANG(+14)NIKKI(-17)KOSPI(+2)STRAITS(-1)FII(+349)DII(-41)

Monday, June 14, 2010

BUY DENABANK 14/06/2010

BUY DENA BANK CMP 92.30 STOP LOSS 91.60  TARGET94.50

BUY &SELL STOCK 14/06/10

1. Buy HDFC Bank above 1942 Stop-loss : 1927.9 Targets : 1968/1980
2. Buy Mphasis above 583 Stop-loss : 578 Targets : 593/598
3. Buy Siemens above 721 Stop-loss : 714 Targets : 733/738
4. Sell Hindustan Petroleum below 348 Stop-loss : 351.5 Targets : 341/338

Friday, June 11, 2010

BANKNIFTY FOR SUPPORT 11/06/2010

BANKNIFTY (2nd Resistance) 9475.92
(1st Resistance) 9403.73
Pivot point 9271.87
(1st Support) 9199.68
(2nd support) 9067.82

NIFTY FOR SUPPORT 11/06/2010

NIFTY (2nd Resistance) 5150.03
(1st Resistance) 5118.07
Pivot point 5061.53
(1st Support) 5029.57
(2nd support) 4973.03

Global Markets 11/06/2010

DOW10172(+273)NASDEQ2218(+59)S&P1086(+31)SGX (+38)HANGSANG(+280)NIKKI(+190)KOSPI(+15)STRAITS(+14)SHANGHAI(+21)FII(+244)DII(-105)

Thursday, June 10, 2010

BUY RPOWER 10/06/10

BUY RPOWER CMP155.50  STOP LOSS 152.50  TARGET
159.80

BUY &SELL STOCK 10/06/10

1. Buy PFC above 303 SL 299.90 TGT 309-311
2. Buy ACC above 853.20 SL 846.90 TGT 865-875
3. Sell Wipro below 625 SL 630.10 TGT 615-611
4. Sell Tata Motors below 730 SL 735.10 TGT 719-715

BANKNIFTY FOR SUPPORT 10/06/2010

BANKNIFTY (2nd Resistance) 9339.12
(1st Resistance) 9240.43
Pivot point 9150.22
(1st Support) 9051.53
(2nd support) 8961.32

NIFTY FOR SUPPORT 10/06/2010

NIFTY (2nd Resistance) 5098.87
(1st Resistance) 5044.63
Pivot point 4998.87
(1st Support) 4944.63
(2nd support) 4898.87

Tuesday, June 8, 2010

BUY EDUCOMP 08/06/2010

BUY EDUCOMP CMP 531.50 STOP LOSS  523 TARGET 555

MARKETS OPENED 08/06/2010

 Markets opened lower in the wake of extremely weak global cues and traded with negative bias throughout the
day to close in red. We maintain our view that till the higher bottom of 16550 / 4960 is intact, the markets have
fair chance of a bounce back. In the coming trading session if indices trade convincingly above 16817 / 5046
levels then it can test the 16871 – 16925 / 5060 – 5093 levels. On the downside 16700 – 16612 / 5000 – 4980 levels remains support for the day.

Stocks for Intraday

1. Buy Dena Bank above 93.50 SL 92.60 TGT 95.30-96.50

2. Buy REC Ltd above 279.20 SL 276.90 TGT 284-286
3. Sell Bharat Forge below 259 SL 261 TGT 255-253
4. Sell Tata Motors below 739 SL 744.50 TGT 729-725

Friday, June 4, 2010

SELL NIFTY 04/06/2010

SELL NIFTY @ 5080-5085 Stop loss @ 5102 Target @ 5040-5035

BANKNIFTY FOR SUPPORT 04/06/2010

BANKNIFTY (2nd Resistance) 9380.45
(1st Resistance) 9332.9
Pivot point 9251.45
(1st Support) 9203.9
(2nd support) 9122.45

NIFTY FOR SUPPORT 04/06/2010

NIFTY (2nd Resistance) 5136.02
(1st Resistance) 5115.98
Pivot point 5088.77
(1st Support) 5068.73
(2nd support) 5041.52

put options 04/06/2010

Yesterday, the 5000 and 5100 put options each
added around 35,000 contracts, which is
comparatively high. On the other hand, the 5200
and 5300 call options added considerable open
interest.

MARKETS OPENED 04/06/2010

if indices trade convincingly above 17073 / 5126 levels then indices are likely to test 17330 – 17390 /
5190 – 5220 levels. On the downside 16884 – 16826 / 5067 – 5048 levels may act support for the day.

Wednesday, June 2, 2010

MARKET ENDS 02.06.10

Our market ends a flat session of trade on a strong note following a last half an hour pull-back on the back of short covering. For most part of the day, the market however, traded within a narrow range. Sensex closed at 16774, up 201 points (provisional) and Nifty at 5027, up 57 points (provisional) from the previous close. CNX Midcap index was up 1% and BSE Smallcap index was up 0.8%. The market breadth was positive with advances at 835 against declines of 433 

Tuesday, June 1, 2010

MARKETS OPENED 01/06/2010

Markets opened on a flat note and traded with choppiness to close with marginal gains. After a continuous rally of
nearly 300 points in the past four sessions, the daily charts now indicate a candle stick pattern which resembles a
“Hanging man” formation. This indicates that if the low of the “Hanging man” i.e. 16806 / 5038 is broken, then we
may witness a fall up to 16600 – 16450 / 4980 – 4940 levels. On the upside, if indices convincingly trade above
17000 / 5100 level then it may test 17200 – 17300 / 5140 – 5165 levelsBookmark

BANKNIFTY FOR SUPPORT 01/06/2010

BANKNIFTY (2nd Resistance) 9340.5
(1st Resistance) 9297.2
Pivot point 9229.7
(1st Support) 9186.4
(2nd support) 9118.9

NIFTY FOR SUPPORT 01/06/2010

NIFTY (2nd Resistance) 5104.13
(1st Resistance) 5080.17
Pivot point 5047.73
(1st Support) 5023.77
(2nd support) 4991.33

Monday, May 31, 2010

BANKNIFTY FOR SUPPORT 31/05/2010

BANKNIFTY Support 1 9031.02
Support 1 9123.93
Pivot Point 9203.97
Resistance 1 9296.88
Resistance 2 9376.92

NIFTY FOR SUPPORT 31/05/2010

NIFTY Support 1 4971.9
Support 1 5006.45
Pivot Point 5030.55
Resistance 1 5065.1
Resistance 2 5089.2

Friday, May 28, 2010

MARKETS OPENED 28/05/2010

 For second consecutive trading session market witnessed a rally which led the indices to close on a positive note.
In the coming trading session the market may face stiff resistance at the levels of 16757 / 5030. If the market
convincingly trades above this level, we may see a further rally upto 16843 - 17000 / 5050 – 5090 levels. On the
downside 16507 – 16450 / 4952 – 4938 levels may act as a support for the day.

Thursday, May 27, 2010

BILPOWER LIMITED BUY 27/05/2010

BILPOWER LIMITED BUY ABOVE 177.35 SL 175.4 TGTS1 185 TGTS2190

BANKNIFTY FOR SUPPORT 27/05/2010

BANKNIFTY Support 1 8817.5
Support 1 8912.8
Pivot Point 9001.4
Resistance 1 9096.7
Resistance 2 9185.3

NIFTY FOR SUPPORT 27/05/2010

NIFTY Support 1 4828.82
Support 1 4872.93
Pivot Point 4898.97
Resistance 1 4943.08
Resistance 2 4969.12

PIRAMAL HEALTHCARE BUY 27/05/2010

PIRAMAL HEALTHCARE BUY 534 SL 525 TGTS1  545 TGTS2  556

MARKETS OPENED 27/05/2010

 Markets opened up with a gap and witnessed a sharp short covering rally which led the indices to close on a
strong note. On the daily charts, we have seen that prices have taken support on the lower trendline of the
channel and have bounced back. The trend still remains in lower top lower bottom cycle in daily charts but an
extended pull back up to 16551 to 16673 / 4962 to 4997 can be expected once indices trade above 16410 / 4926
levels. On the downside 16000 / 4800 remains crucial support level

Tuesday, May 25, 2010

BANKNIFTY FOR SUPPORT 25/05/2010

BANKNIFTY Support 1 8874.92
Support 1 8977.43
Pivot Point 9133.72
Resistance 1 9236.23
Resistance 2 9392.52

NIFTY FOR SUPPORT 25/05/2010

NIFTY Support 1 4842.42
Support 1 4886.73
Pivot Point 4954.87
Resistance 1 4999.18
Resistance 2 5067.32

Thursday, May 20, 2010

MARKETS OPENED 20/05/2010

Markets opened gap down and selling pressure intensified below 16680 / 4980 levels which dragged the indices
to close deep in red below the 200 day SMA. On the daily chart we are seeing a continuation of lower top lower
bottom formation which clearly indicates weakness. As mentioned in the previous daily report, we now expect
indices to test lower levels of 16200-16150 / 4850 – 4800 in the next few trading sessions. Since the hourly
charts are highly oversold a bounce up to 16540 – 16580 / 4972 – 4990 cannot be ruled out. Aggressive traders
may consider any weakness near these levels to go short for a target of 16200-16150 / 4850 – 4800 levels

Wednesday, May 19, 2010

BANKNIFTY FOR SUPPORT19/05/2010

BANKNIFTY Support 1 9345.12
Support 1 9419.73
Pivot Point 9499.87
Resistance 1 9574.48
Resistance 2 9654.62

NIFTY FOR SUPPORT 19/05/2010

NIFTY Support 1 4973.33
Support 1 5018.37
Pivot Point 5062.98
Resistance 1 5108.02
Resistance 2 5152.63

MARKETS OPENED 19/05/2010

Markets opened on a subdued note traded with enhanced choppiness to close marginally in green. On the daily
chart after a Hammer candlestick formation we are now witnessing a narrow range body which suggests
indecisiveness prevailing at current levels. In the coming trading session if indices trade convincingly above
17000 / 5105 levels then a bounce up to 17162 - 17250 / 5120 -5150 levels. We maintain our view that selling
pressure will intensify on any daily closing below 16684 / 4984 levels.

Tuesday, May 18, 2010

BANKNIFTY FOR SUPPORT 18/05/2010

BANKNIFTY Support 1 9203.1
Support 1 9365.4
Pivot Point 9460.5
Resistance 1 9622.8
Resistance 2 9717.9

NIFTY FOR SUPPORT 18/05/2010

NIFTY Support 1 4919.08
Support 1 4988.57
Pivot Point 5031.68
Resistance 1 5101.17
Resistance 2 5144.28

Friday, May 14, 2010

BANKNIFTY FOR SUPPORT 14/05/2010

BANKNIFTY (2nd Resistance) 9586.98
(1st Resistance) 9536.22
Pivot point 9493.23
(1st Support) 9442.47
(2nd support) 9399.48

NIFTY FOR SUPPORT 14/05/2010

NIFTY (2nd Resistance) 5318.67
(1st Resistance) 5290.13
Pivot point 5267.57
(1st Support) 5239.03
(2nd support) 5216.47

Wednesday, May 12, 2010

BUY CENTURYTEX 12/03/2010

Intraday call BUY CENTURYTEX @ 484-485 stop loss @ 482.50 target @ 496-497

BANKNIFTY FOR SUPPORT 12/05/2010

BANKNIFTY (2nd Resistance) 9795.07
(1st Resistance) 9704.63
Pivot point 9638.57
(1st Support) 9548.13
(2nd support) 9482.07

NIFTY FOR SUPPORT 12/05/2010

NIFTY (2nd Resistance) 5217.98
(1st Resistance) 5175.47
Pivot point 5148.73
(1st Support) 5106.22
(2nd support) 5079.48

Tuesday, May 11, 2010

BUY RAIN 11/03/2010

 Hot Shot Call Buy RAIN ABove 164 SL 160 Tgt 168 - 170

BANKNIFTY FOR SUPPORT 11/05/2010

BANKNIFTY (2nd Resistance) 9902.6
(1st Resistance) 9786.7
Pivot point 9574.1
(1st Support) 9458.2
(2nd support) 9245.6

NIFTY FOR SUPPORT 11/05/2010

NIFTY (2nd Resistance) 5291.15
(1st Resistance) 5245.7
Pivot point 5162.85
(1st Support) 5117.4
(2nd support) 5034.55

Friday, May 7, 2010

BANKNIFTY FOR SUPPORT 07/05/2010

BANKNIFTY (2nd Resistance) 9728.1
(1st Resistance) 9651.3
Pivot point 9543.2
(1st Support) 9466.4
(2nd support) 9358.3

NIFTY FOR SUPPORT 07/05/2010

NIFTY (2nd Resistance) 5165.05
(1st Resistance) 5126.1
Pivot point 5075.55
(1st Support) 5036.6
(2nd support) 4986.05

Thursday, May 6, 2010

BUY CANBK 06/05/10

mid-cap banking counters, CANBK is looking
weak up to Rs. 416-420. Positional traders can
trade form short positions, with the stop loss of
Rs.444.

BANKNIFTY FOR SUPPORT 06/05/2010

BANKNIFTY (2nd Resistance) 9737.53
(1st Resistance) 9660.82
Pivot point 9551.23
(1st Support) 9474.52
(2nd support) 9364.93

NIFTY FOR SUPPORT 06/05/2010

NIFTY (2nd Resistance) 5182.05
(1st Resistance) 5151.1
Pivot point 5102.05
(1st Support) 5071.1
(2nd support) 5022.05

Wednesday, May 5, 2010

BANKNIFTY FOR SUPPORT 05/05/2010

BANKNIFTY (2nd Resistance) 9905.18
(1st Resistance) 9762.62
Pivot point 9682.43
(1st Support) 9539.87
(2nd support) 9459.68

NIFTY FOR SUPPORT 05/05/2010

 NIFTY (2nd Resistance) 5279.18
(1st Resistance) 5210.52
Pivot point 5169.33
(1st Support) 5100.67
(2nd support) 5059.48

Tuesday, May 4, 2010

BANKNIFTY FOR SUPPORT 04/05/2010

BANKNIFTY (2nd Resistance) 9894.23
(1st Resistance) 9832.72
Pivot point 9784.88
(1st Support) 9723.37
(2nd support) 9675.53

NIFTY FOR SUPPORT 04/05/2010

NIFTY (2nd Resistance) 5264.58
(1st Resistance) 5241.52
Pivot point 5221.93
(1st Support) 5198.87
(2nd support) 5179.28

Monday, May 3, 2010

Stocks To Watch For 2-3 Days

ROLTA (2nd Resistance) 193.95 (1st Resistance) 191.55 Pivot point 188.05 (1st Support) 185.65 (2nd support) 182.15 ,CIPLA (2nd Resistance) 351.55 (1st Resistance) 347.8 Pivot point 342.05 (1st Support) 338.3 (2nd support) 332.55

BANKNIFTY FOR SUPPORT 03/05/2010

BANKNIFTY (2nd Resistance) 9936.3
(1st Resistance) 9889.2
Pivot point 9846.6
(1st Support) 9799.5
(2nd support) 9756.9

NIFTY FOR SUPPORT 03/05/2010

NIFTY (2nd Resistance) 5306.27
(1st Resistance) 5284.53
Pivot point 5268.27
(1st Support) 5246.53
(2nd support) 5230.27

Friday, April 30, 2010

Bank of Baroda Resistance 30/04/2010

Bank of Baroda : (2nd Resistance) 706.8
(1st Resistance) 698.8
Pivot point 692.95
(1st Support) 684.95
(2nd support) 679.1