INFOSYS
INFOSYS showed positive side trading in today's trading session and closed with the gain of around 3.13%. The stock now has resistance level at 2470 and support level at 2355. It is expected to consolidate and remain range bound; also crossing of resistance level may take the stock at higher levels.
DLF
The stock is currently consolidating with positive biasness. Its next major resistance is at 214, if it consolidates for a while then crossing of this level will take the stock further upwards while it may also reverse taking resistance at higher levels.
HDFC BANK
The stock showed an up move during the trading hour and closed on positive note. The stock is now facing resistance at 495 and has support at 465. As the stock closed with positive biasness 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.
RELIANCE COMMUNICATION
After a steep fall from the level of 94, the stock has been moving sideways, it is now trading at in a particular price range of 80-85, and from this level either side of movement would be expected. In order to be in an uptrend it has to trade and consolidate above the resistance level 87 else below 79 it would be bearish.
INFOSYS showed positive side trading in today's trading session and closed with the gain of around 3.13%. The stock now has resistance level at 2470 and support level at 2355. It is expected to consolidate and remain range bound; also crossing of resistance level may take the stock at higher levels.
DLF
The stock is currently consolidating with positive biasness. Its next major resistance is at 214, if it consolidates for a while then crossing of this level will take the stock further upwards while it may also reverse taking resistance at higher levels.
HDFC BANK
The stock showed an up move during the trading hour and closed on positive note. The stock is now facing resistance at 495 and has support at 465. As the stock closed with positive biasness 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.
RELIANCE COMMUNICATION
After a steep fall from the level of 94, the stock has been moving sideways, it is now trading at in a particular price range of 80-85, and from this level either side of movement would be expected. In order to be in an uptrend it has to trade and consolidate above the resistance level 87 else below 79 it would be bearish.
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