CIPLA
The stock today managed to reach our mentioned levels. Now its next support is at 310, breach of this level may take the stock further down else it may also bounce back.
RESISTANCE: 328
SUPPORT: 310
HINDALCO
The stock showed an up move during the earlier trading hour and then moved down during the later trading hour. The stock is now facing resistance at 183 and has support at 172.As the stock closed on a positive note a further up movement can be seen in the stock once it breaks its resistance level. One may go for buying the stock once it breaks its resistance level.
The stock today managed to reach our mentioned levels. Now its next support is at 310, breach of this level may take the stock further down else it may also bounce back.
RESISTANCE: 328
SUPPORT: 310
HINDALCO
The stock showed an up move during the earlier trading hour and then moved down during the later trading hour. The stock is now facing resistance at 183 and has support at 172.As the stock closed on a positive note a further up movement can be seen in the stock once it breaks its resistance level. One may go for buying the stock once it breaks its resistance level.
RESISTANCE: 183
SUPPORT: 172
PUNJAB NATIONAL BANK (PNB)
The stock has been moving sideways, it is now trading at 1150.40 from this level further upside of movement would be expected. It is now taking resistance at 1170 and support at 1132. One can go for long position in it at 1170 for the target of 1200.
SUPPORT: 172
PUNJAB NATIONAL BANK (PNB)
The stock has been moving sideways, it is now trading at 1150.40 from this level further upside of movement would be expected. It is now taking resistance at 1170 and support at 1132. One can go for long position in it at 1170 for the target of 1200.
RESISTANCE: 1170
SUPPORT: 1132
WIPRO
Wipro today also consolidate in a range . It now has support level at 407 and resistance level at 418. One should wait for the proper break out on either side before taking any position in it.
RESISTANCE: 418
SUPPORT: 407
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