Ambhuja Cement: One could go for a short position in the stock below 159.
Bajaj auto: If it manages to sustain at current level then it is expected to show further upward movement. One could go for a long position in the stock above the 1738 level.
Gail India: It is now facing immediate resistance at the level of 404, the crossing of which may take the stock upward continuing the major uptrend.
ITC: One may go for long position after breaching of its resistance level. It now has next resistance level at 205 and support level at 198.
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