HCL
The trend of the stock is bullish, where today it managed to tried to fall in its trend by consolidating near its resistance level. It is presently facing resistance at the level 455 and taking support at the level of 437. It is still expected to consolidate more and cross its resistance level in the near term as well.
HDFC Bank is has shown recovery after bouncing back from the levels of 446 and traded with the positive biasness in today's trading session facing strong resistance at the level of 498. The stock is now having support at the level of 472. If it remains positive in the upcoming sessions also then it is expected to move beyond its strong resistance.
HINDALCO
After taking a straight upward movement and facing resistance at the level of 144, the stock has shown some correction and managed to take support at the level of 135. One can wait for some time to confirm for a proper movement in the stock.
Ranbaxy had a volatile trading session today and closes with a loss of 2.45%. Now it is facing resistance at level of 517 and support at 500. One may go for long position after crossing of resistance.
RELIANCE COMMUNICATION
Stock closes on flat note, now stock is doing recovery and shown some correction. Stock is facing resistance at the level of 82 and support at 77.
TCS
In today's session also TCS consolidates and remains range bound, it now faces support of 1110 and resistance of 1140, crossing of resistance may take the stock to higher levels while below support level selling pressure can be experienced in the stock.
The trend of the stock is bullish, where today it managed to tried to fall in its trend by consolidating near its resistance level. It is presently facing resistance at the level 455 and taking support at the level of 437. It is still expected to consolidate more and cross its resistance level in the near term as well.
HDFC Bank is has shown recovery after bouncing back from the levels of 446 and traded with the positive biasness in today's trading session facing strong resistance at the level of 498. The stock is now having support at the level of 472. If it remains positive in the upcoming sessions also then it is expected to move beyond its strong resistance.
HINDALCO
After taking a straight upward movement and facing resistance at the level of 144, the stock has shown some correction and managed to take support at the level of 135. One can wait for some time to confirm for a proper movement in the stock.
Ranbaxy had a volatile trading session today and closes with a loss of 2.45%. Now it is facing resistance at level of 517 and support at 500. One may go for long position after crossing of resistance.
RELIANCE COMMUNICATION
Stock closes on flat note, now stock is doing recovery and shown some correction. Stock is facing resistance at the level of 82 and support at 77.
TCS
In today's session also TCS consolidates and remains range bound, it now faces support of 1110 and resistance of 1140, crossing of resistance may take the stock to higher levels while below support level selling pressure can be experienced in the stock.
0 comments:
Post a Comment