Tata Motors:
The stock opens with a gap down and made an intraday low of 143.50.The stock get split. In upcoming session some bullish trend can be expected, if it able to sustain above its resistance level. It has next resistance level at 149 and support level at 143.
WIPRO
In today's trading session, the stock consolidates with negative biasness and made a low of 323.At present the stock is in correction phase. In upcoming session it is expected to test its resistance level again .It now has next support level at 323 and resistance level at 333.
AXIS BANK
The stock showed a continuous down move during the trading hour and closed on negative note. The stock is now facing resistance at 1068 and has support at 1030. Break of support may take te stock further down. One may go for selling the stock once it breaks its support level.
HINDALCO
The stock opened gap down and moved down further during the trading hour and closed on negative note. The major trend presently in the stock is sideways. The stock is now facing resistance at 153 and has support at 134. Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.
RANBAXY
After a steep recovery from 468 levels, in today's trading session it manages to trade above the 10 and 50 period moving averages. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 517 else below 467 it would be in a downward trend.
The stock opens with a gap down and made an intraday low of 143.50.The stock get split. In upcoming session some bullish trend can be expected, if it able to sustain above its resistance level. It has next resistance level at 149 and support level at 143.
WIPRO
In today's trading session, the stock consolidates with negative biasness and made a low of 323.At present the stock is in correction phase. In upcoming session it is expected to test its resistance level again .It now has next support level at 323 and resistance level at 333.
AXIS BANK
The stock showed a continuous down move during the trading hour and closed on negative note. The stock is now facing resistance at 1068 and has support at 1030. Break of support may take te stock further down. One may go for selling the stock once it breaks its support level.
HINDALCO
The stock opened gap down and moved down further during the trading hour and closed on negative note. The major trend presently in the stock is sideways. The stock is now facing resistance at 153 and has support at 134. Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.
RANBAXY
After a steep recovery from 468 levels, in today's trading session it manages to trade above the 10 and 50 period moving averages. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 517 else below 467 it would be in a downward trend.
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