Nifty and Bank Nifty Updates for Tomorrow 28 March 2012

NIFTY FUTURES
Nifty Futures shut stop at 5265.65 up by 74.35 points or 1.43 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5170 else above resistance level of 5300 it would be in an upward trend.
 
RESISTANCE 2     RESISTANCE 1     SUPPORT 1       SUPPORT 2
        5410                    5300                   5230                 5100

BANK NIFTY FUTURES
In banking, Bank Nifty Futures shut stop at 10204  up by 141.35 points or 1.40 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 9970 else above resistance level of 10300 it would be in an upward trend.

RESISTANCE 2     RESISTANCE 1     SUPPORT 1       SUPPORT 2
       10650                 10300                9970                 9740

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Intraday stock tips for tomorrow 20 dec

AMBUJA CEMENT
The stock is currently facing consolidation phase. It has support at 150 while resistance at 160.

BPCL
The stock has support at 515 while resistance at 545, one should now wait for sometime in the stock for crossing of levels on either side.

DLF
The stock has managed to breach its major support and then had a down rally in today’s trading session. Although it also recovered and closed with moderate loss. It has resistance at 195 and support at 184.

HCL TECHNOLOGIES
The stock was consolidating during the trading hour and closed on negative note. The stock is now facing resistance at 420 and has support at 400.

HINDALCO INDUSTRIES
The stock was consolidating during the trading hour and closed on negative note. The trend presently in the stock is sideways. The stock is now facing resistance at 127 and has support at 121.

HINDUSTAN UNILEVER
The stock showed an up move during the trading hour and closed on positive note. The trend presently in the stock is up. The stock is now facing resistance at 402 and has support at 390.

ICICI BANK
The stock opened gap down and was consolidating during the trading hour and closed on negative note. The trend presently in the stock is weak. The stock is now facing resistance at 675 and has support at 640.

JAIPRAKASH ASSOCIATES
JPASSOCIATES consolidates with negative biasness the stock now has resistance level at 59 and may take support from the level of 56.

NTPC
NTPC remained volatile trading session today and had arrange bound. The stock has support level at 159 and resistance level at 162.

RANBAXY
Ranbaxy had a volatile trading session today and closes with almost flat. Now it is facing resistance at level of 388 and support at 365.

RELIANCE COMMUNICATION
After a gap down opening stock had a down side rally and closes on negative note now stock is facing resistance at 66 and support at 63.

SESA GOA
The stock showed a continuous down move during the trading hour and closed on negative note. The trend presently in the stock is weak. The stock is now facing resistance at 163 and has support at 155.

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Intraday Stock Tips for Tomorrow 15 Dec

AMBUJA CEMENT
The stock had a consolidated move in today’s trading session. It has resistance at 153 while support at 148, one should wait for crossing of levels on either side before taking any positions in it.

CAIRN
The stock is currently having an either side movement. It has resistance at 317 and support at 302, one should wait for sometime in the stock as it is expected to remain volatile in terms of price movements in near term as well.

GAIL INDIA
GAIL had steep downfall in today’s session and it closed with the loss of around 4.13%. The stock has resistance level at 383 and support level at 367.

HDFC BANK
The stock had negative biasness in today’s trading session though it traded in the range of previous session. Resistance and support level for the stock are at 446 and 425 levels respectively. It is expected to show negative biasness in short term.

HINDALCO INDUSTRIES
Hindalco had range bound movements in today’s trading session and it closed on negative note. It may show correction if sustains below the support level of 126. It has resistance level at 131.

JAIPRAKASH ASSOCIATES
JPASSOCIATES consolidates with positive biasness the stock now has resistance level at 62 and may take support from the level of 58. In short term it is expected to remain volatile, and may test its resistance level.

RANBAXY
Ranbaxy had a volatile trading session today and closes with almost flat. Now it is facing resistance at level of 405 and support at 398. As overall trend is bearish one may go for short position after breaching of support level.

RELIANCE COMMUNICATION
After a gap down opening stock had a down side rally and closes on negative note now stock is facing resistance at 74 and support at 70.

SESA GOA
Sesa Goa showed negative side movements in today’s trading session and made intraday low of 168.25. The stock has support level at 165 and resistance level at 175. It is expected to consolidate with negative biasness and may test its support level in short term.

WIPRO CORPORATION
The stock was found to be consolidating during the trading hours and closed on positive note. The trend presently in the stock is sideways. The stock is now facing resistance at 421 and has support at 408.

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Free Intraday Stock Tips for Tomorrow

AMBUJA CEMENT
The stock remained range bound during the trading hours. As mentioned previously it has resisted at higher levels. It is now facing a resistance at 165 and has support at 158.

BHARTI AIRTEL
The stock slipped down with the morning bell and showed downward movement during the trading hours. The stock is now facing a resistance at 373 and has support at 363.

HDFC BANK
Currently the stock has taken a sideways turn able to take strong support at the level of 449 after trading with the negative biasness in today’s session. It is presently facing resistance at the level of 472.

HINDUSTAN UNILEVER
The stock is consolidating with the sideways movement facing immediate resistance at the level of 400 and having support at 386. One can wait in the stock until it crosses any of the levels as either side of the movement is expected.

INFOSYS
INFOSYS showed negative movements in today’s trading session and made intraday low of 2683. The stock now has resistance level at 2760 and may take support from the level of 2680.

JAIPRAKASH ASSOCIATES
JPASSOCIATES moved in straight down side and had a loss of 5.81%. The stock now has resistance level at 70 and may take support from the level of 65.

RANBAXY
Ranbaxy had a volatile trading session today and closes with a moderate gain. Now it is facing resistance at level of 432 and support at 415.

RELIANCE COMMUNICATION
After a gap down opening stock had a down side rally and closes on negative note now stock is facing resistance at 81 and support at 72.

TATA STEEL
The stock consolidates with negative biasness today’s trading hours. Now it has resistance level at 417 and support level at 402, below support level the stock can show bearish trend.

WIPRO CORPORATION
The stock is in bullish trend and in today’s trading session the stock consolidated with positive biasness. In upcoming session further bullish trend can be expected in the stock above resistance level. It now has resistance level at 416 and support level at 398.

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Free Intraday Stock Tips for Tomorrow 07 Dec

BHEL
The stock has shown consolidated movement during the trading hours. It is now facing a resistance at 295 and support at 282. The stock may remain volatile in coming trading sessions till it consolidates for a while.

CIPLA
The stock remained range bound during the trading hours and ended up on a negative note. It is now facing a resistance at 335 and support at 322. It is expected to take resistance at higher levels and reverse back after a continuous up rally.

DLF
The stock has shown consolidated movement during the trading hours. It is now facing a resistance at 227 and has support at 219. The stock is looking week on charts and is expected to show some downward movement if fails to sustain at current level.

HDFC BANK
Currently the stock is moving with the upside movement where today it has shown some consolidation facing strong resistance at the levels of 470. It is presently having support at the levels of 449.

JAIPRAKASH ASSOCIATES
JPASSOCIATES had a up rally during market hours and manage to close with moderate gain. The stock now has resistance level at 70 and may take support from the level of 69.

RELIANCE COMMUNICATION
The stock is facing resistance at 81 and support at 76. The short term trend is bullish so may go for long position after crossing of resistance level.

TATA POWER
The stock consolidates with negative biasness in today’s trading session. It now faces the resistance level of 99 and the support level of 96, breaching of support may take the stock to lower levels.

WIPRO CORPORATION
In today’s trading session the stock consolidated with positive biasness. In upcoming session further bullish trend can be expected in the stock above resistance level. It now has resistance level at 400 and support level at 386.

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Intraday Stock Tips for Tomorrow | Share Tips

CAIRN INDIA
The stock remained range bound during the trading hours. The stock is now facing a resistance at 310 and support at 294. It has taken support at lower levels and bounced back.

DLF
The stock has shown downward movement during the trading hours. It is now facing a resistance at 209 and has support at 193. The stock is looking week on charts and is expected to show some downward movement if fails to sustain at current level. One should avoid entering in stock at current level until it consolidates at either side levels.

HCL TECHNOLOGIES
HCL Technologies traded flat with sideways consolidation in today’s trading session, still facing strong resistance at the level of 400 and having immediate support at the level of 383. One can expect some more consolidation until it crosses either of the levels in the forth coming session.

HDFC BANK
HDFC Bank is currently moving with the downtrend, where today it has again showed negative biasness with a correction from the resistance level of 450. It is currently having support at the level of 425, which may breach if it all continues to trade with the negative biasness in the upcoming session.

ITC
ITC had volatile trading session today and it closed with positive biasness. The stock may face resistance from the level of 199 and it has support level at 195. As stock is in upward trend one may go for long position after crossing of resistance.

JINDAL STEEL AND POWER
JINDAL had a down side rally; the major trend in stock is sideways. The stock is now facing resistance at 513 and has support at 484. As the stock closed on negative note a further down movement can be seen in the stock once it breaks its support level.

NTPC
NTPC showed volatile trading session today and closed with nominal loss. The stock has support level at 157 and resistance level at 160. In short term it is expected to show consolidation within the range.

RANBAXY
RANBAXY had a gap up opening and in second half it started coming down now Ranbaxy facing support at 445 and resistance at 465 above the resistance stock is looking strong.

SESA GOA
Sesa Goa is consolidating sideways facing strong resistance at the levels of 185. Its immediate support is at the level of 169. The stock is looking positive with upward in trend above the resistance level of 185 where one may wait for the crossing of this level.

WIPRO CORPORATION
The stock shows consolidated movement in today’s trading session and remains range bound. In upcoming session bullish trend can be expected in the stock above resistance level. It now has resistance level at 377 and support level at 369, breeching of support may take the stock to lower level.

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Free Intraday Share Tips for Tomorrow, Stock Tips Today

BHARTI AIRTEL
The stock has shown upward movement during the trading hours. The stock is now facing a resistance at 396 and has support at 381. If it sustains at this level for a while a short term recovery is expected. Else it could also reverse back taking resistance at higher levels after a short term recovery.

DR REDDY LABORATORIES
The stock is consolidating with the sideways trend having major support at the level of 1500 and facing resistance at the level of 1568, where in today’s trading session it traded within this particular range with the positive biasness.

HCL TECHNOLOGIES
HCL Technologies traded with the positive biasness in today’s trading session with the sideways movement, facing strong resistance at the level of 400 and having immediate support at the level of 378. In the forthcoming session the stock is likely to show an upside movement if it all manages to trade above its resistance level.

HERO MOTOCORP
The stock is still trading with the major sideways trend. It traded with the negative biasness in today’s session having strong support at the levels of 2019 and facing resistance at 2095. If the stock continues to trade with the negative biasness then it may breach its strong support and move downward confirming the bearish trend.

HINDUSTAN UNILEVER
The stock has continued to trade range bound in today’s session as well, consolidating between the support level of 371 and resistance level of 392.

INFOSYS
Stock opened gap up and consolidate, manage to close with moderate gain, now stock is facing resistance at a level of 2655 and support at 2611. Above the resistance stock is looking strong.

PUNJAB NATIONAL BANK
The stock battered down to the level of 895, from this level it made a smart recovery and made a high of 935.55.stock is facing support at 888 and resistance at 936.

RELIANCE COMMUNICATION
Stock closes on positive note, now stock is doing recovery and shown some correction. Stock is facing resistance at the level of 74 and support at 70.

RANBAXY
Ranbaxy had a volatile trading session today and closes with moderate gain. Now it is facing resistance at level of 453 and support at 442. One may go for long position after crossing of resistance.

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