Monday, December 19, 2011

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.

Wednesday, December 14, 2011

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.

Thursday, December 8, 2011

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.

Tuesday, December 6, 2011

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.

Tuesday, November 29, 2011

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.

Monday, November 28, 2011

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.

Thursday, November 24, 2011

Free Intraday Share Tips for Today, Stock tips

CIPLA
The stock has shown downward movement during the trading hours. As mentioned previously the stock has taken resistance at higher levels and reversed back in today’s trading session. It now has a support at 308 and is facing a resistance at 321.

HINDALCO INDUSTRIES

The stock is showing price volatility with the downside movement having next support at the level of 117 at the lower levels and resistance at tje level of 125.

INFOSYS
The stock had a consolidated movement in today’s trading session. The stock has resistance level at 2750 and may take support from the level of 2600. In short term it is expected to remain volatile within the range.

NTPC

The stock consolidates with positive biasness in today’s trading hours. Currently it faces resistance at 159 and support at 151. In near future the stock is expected to fall to lower level after breaching its support instead of recovery. Recovery can be expected in the stock if it crosses its resistance level.

PUNJAB NATIONAL BANK
The stock has a volatile movement in today’s trading hours it test its resistance level and bounces from it. In near future the stock may show bearish trend below support level while above resistance level the stock can exhibits recovery. Currently it faces resistance at 895 and support at 850.

RELIANCE COMMUNICATION
Reliance Communication is showing a consolidated movement in the current trading sessions, able to trade near the lower levels of 67. One should wait in the stock as some more consolidation is expected in the near term. It is facing resistance at the level of 72 above which the stock may take an upside movement.

SESA GOA

After sustaining at the lower levels of 170 the stock has continued to trade with its bearish trend in today’s trading session also. It is having next support at the level of 165 and facing resistance at 179 above which the stock is expected to take an upside correction with the positive biasness.

Monday, November 21, 2011

Free Intraday Share Tips for Tomorrow, Stock tips today

AMBUJA CEMENT
The stock showed a 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 153 and has support at 145.

BHARTI AIRTEL

The stock opened gap down and was consolidating during the trading hour. The trend presently in the stock is weak. The stock is now facing resistance at 398 and has support at 380.

HERO MOTOCORP
The stock has traded with the negative biasness in today’s trading session. It is currently facing resistance at the level of 2205, immediate support of the level of 2181.

HINDUSTAN UNILEVER
Technically the stock is consolidating with the sideways trend able to trade range bound facing resistance at the higher levels of 403 and having support at the level of 384.

ICICI BANK
Today the stock is able to follow the major bearish trend in the stock managing to trade at its lower levels of 726. Its next support level is at 712.

JAIPRAKASH ASSOCIATES
JPASSOCIATES continued its negative biasness in today’s trading session and closed with moderate loss. The stock now faces support from the level of 58, and resistance level exists at 64. In short term it is expected to continue its bearish movements.

M&M
In today’s trading session, the stock consolidates with negative biasness and made a low of 712. In upcoming session some more bearish trend can be expected. It now has next resistance level at 738 and support level at 712.

ONGC
The stock consolidates with negative biasness in today’s trading hours. Currently it has support level of 248 and resistance level of 262.

Thursday, November 17, 2011

Free Intraday Stock Tips for Tomorrow, Share Tips

CIPLA
The stock showed either side movement in today’s trading session and ended up on a positive note. It now has a support at 304 and is facing a resistance at 316. If it sustains at this level then further upward movement could be expected in the stock else it could also reverse back taking resistance at higher levels.

DLF

The stock showed downward movement in today’s trading session. As mentioned previously it has broken its support level and closed at 203.50. It is now facing a resistance at 212 and has support at 199. One should wait for crossing of levels on either side before taking any positions in the stock.

ITC
ITC showed continuous downside movements in today’s session and made intraday low of 206.10. The stock now has support level at 206 and resistance level at 212. It may continue its negative biasness in short term.

RANBAXY
The stock falls to lower levels in today’s trading session. Currently it faces resistance at 476 and support at 445, breaching of support may take the stock to further lower levels else may take support of lower level and can bounce back.

RELIANCE INFRASTRUCTURE
The stock has shown consolidated movement in today’s trading session and ended up on a positive note. The stock is now facing a resistance at 424 and has support at 408. The stock is looking bearish on the charts and is consolidating with negative biasness.

STATE BANK OF INDIA
After a short term recovery SBI again closes with negative note. It now faces resistance at 1799 and support at 1718, breaching of support may take the stock to further lower levels in near future.

TATA CONSULTANCY SERVICES
TCS is taking support from level of 1105 today also it consolidates and took support of the level, in short term the stock can take support from the level of 1105 and can bounce back else after breaching of the support the stock can move down to lower levels. Currently it faces resistance at 1125.

Wednesday, November 16, 2011

Free Intraday Stock Tips for Tomorrow | Share Tips

BHARTI AIRTEL
The stock had consolidated movement during the trading hours. It is now facing a resistance at 408 and has support at 395. One should wait for sometime in the stock as it is expected to remain volatile and may face an either side movement in coming trading sessions.

BHEL

The stock slipped down with the starting bell but later tried to recover from lower levels. The stock is consolidating with negative biasness. It is now facing a resistance at 305 and support at 294. The stock is looking bearish on charts below the support level.

DR REDDY
The stock is currently trading with the sideways trend in a fixed range still having strong support at the same level of 1594 and facing resistance at the level of 1685. One may wait to enter into any position in the stock until it crosses either of the levels in the near term.

PUNJAB NATIONAL BANK
The stock continuous its bearish trend in today’s trading session. Currently it faces resistance at 920 and support at 890. In near term bearish trend can be expected in the stock below support level else it will be consolidating.

INFOSYS showed range bound movements in today’s trading session also and closed with moderate loss. The stock has resistance level at 2875 and may take support from the level of 2740.

L&T as expected continued its negative trend today also and made intraday low of 1224. Now stock is facing support from the level at 1200 and it has resistance level at 1260.

Today Reliance Communication has managed to take support at the levels of 75 with the consolidated movement. It is facing resistance at levels of 86. One can wait for some more consolidation in the upcoming session.

Tuesday, November 15, 2011

Free Intraday Stock Tips for Tomorrow, Share Tips

AMBUJA CEMENT
The stock has tried to resist at higher levels and is now facing a resistance at 165 and it has support at 158, breach of this level may take the stock further downwards in short term.

CIPLA

The stock today had an upward movement. Its next resistance is at 310, if it manages to sustain, crossing of this level may take the stock further upwards till the levels of 316-318 in coming trading sessions.

GAIL INDIA
It is now having support at the levels of 405 and facing the resistance at the level of 432. Now the stock is expected to trade with the bearish trend in the near term.

INFOSYS
INFOSYS showed range bound movements in today’s trading session also and closed with moderate loss. The stock has resistance level at 2875 and may take support from the level of 2740. In short term it is expected to remain volatile.

JAIPRAKASH ASSOCIATES
JPASSOCIATES remained bearish in today’s trading hours and closed with the loss of around 6.29%. The stock now has resistance level at 73 and support level t 68. In short term it is expected to remain volatile.

SESA GOA
The stock is has traded with the negative biasness in today’s session. It is now having support at the level of 194. With the negative biasness the stock is indicating to breach its next support level in the near trading sessions.

STATE BANK OF INDIA
SBI falls down and made a low of 1718.30 after some consolidation in first half. It now faces resistance at 1827 and support at 1710.

Monday, November 14, 2011

Free Intraday Share Tips for Tomorrow

BHARTI AIRTEL
The stock had consolidated movement during the trading hours. It is now facing a resistance at 408 and has support at 398. One should wait for sometime in the stock as it is expected to remain volatile and may face an either side movement in coming trading sessions.

CIPLA

The stock showed volatile movement during the trading hours. It now has a support at 284 and resistance at 290. One should avoid entering in the stock as it is expected to remain volatile and may face an either side movement in coming trading sessions.

GRASIM INDUSTRIES

The stock is trading range bound in the recent trading sessions. Currently it is showing negative biasness having strong support at the level of 2439 and facing resistance at the level of 2580. If the stock manages to trade with the negativity in the forth coming session.

HDFC BANK

HDFC Bank seems to be volatile on charts in terms of price fluctuation. With a slight downside movement it has managed to breach its recent support level of 472 making low of 462. It is now facing resistance at 488. In the upcoming session it is expected to follow it’s down side movement with some consolidation.

L&T showed negative biasness during trading hours and closed almost flat. Now stock is facing support from the level at 1300 and it has resistance level at 1350. Below the support level stock is looking weak on charts.

SESA GOA

The stock is has traded with the negative biasness in today’s session still continuing to trade with the sideways trend taking support at the level of 200 and facing resistance at the same level of 218.

TATA STEEL
Tata steel trades in bearish trend in today’s trading session. Now it has resistance level at 438 and support level at 409.

Thursday, November 10, 2011

Intraday Share Trading Tips and News for Tomorrow 11 Nov

CIPLA
The stock showed downward movement in last trading session and closed at 287.80. It now has a support at 285 and resistance at 291. One should wait some time in stock till it crosses either side levels.

DLF
The stock slipped down with the closing bell. The stock is facing a sideways trend currently. It is facing a resistance at 241 and has support at 229. One should wait for crossing of levels on either side before taking any positions in the stock.

HINDALCO
The stock has consolidated sideways in the recent trading session facing resistance at the level of 144 and having strong support at the level of 133. One can wait for some time to confirm for a proper movement in the stock.

INFOSYS showed negative movements in last trading session and made intraday low of 2825. The stock now has resistance level at 2866 and may take support from the level of 2835. In short term it is expected to remain volatile, also crossing of resistance level may take the stock at higher levels.

PUNJAB NATIONAL BANK
The stock consolidates and remains range bound in last trading session. Currently it faces resistance at 985 and support at 958. In near term bearish trend can be expected in the stock below support level.

RELIANCE COMMUNICATION
After a gap up opening stock had a down side rally and closes on 3.57%.now stock is facing resistance at 87.90 and support at 82.75.the short term trend is bullish so may go for long position after crossing of resistance level.

Tuesday, November 8, 2011

Free Intraday Share Tips for Tomorrow

After the severe correction in September and the first week of October, markets rebounded and broke the psychological barrier of 5,200 of Nifty during Oct 11. This week is a shortened one due to two trading holidays. Market is expected to be volatile. International developments will greatly influence the market trend in near future. Downside support exists at 5,235-5,240 and then 5,200. Upside resistance exist at 5,320-5,375-5,400.

For Nifty, on the upside the next level of resistance comes at 5,400. And a close over 5,400 will take Nifty to 5,480 levels. On the downside 5,230 is strong support.

Buy Nagarjuna Construction Company (NCC) with a price target of Rs 93.

Buy Bharti Airtel with a price target of Rs 515 as against the current market price (CMP) of Rs 398.

Buy Ashok Leyland with a price target of Rs 33 as against the current market price (CMP) of Rs 28.

Buy Jain Irrigation Systems with a price target of Rs 229

Saturday, November 5, 2011

Nifty Outlook and Share Tips for next week

Next week will be a shortened week due to two trading holidays. Market is expected to be volatile. International developments will greatly influence the market trend in near future. Downside support exists at 5,235-5,240 and then 5,200. Upside resistance exist at 5,320-5,375-5,400. Outcome of G20 meeting could influence the market trend.

Free Intraday Stock Tips for Next Week:

Hold Fortis Healthcare with a target price of Rs 140 as against the current market price (CMP) of Rs 130.

BGR Energy Systems

Buy in the range of 334-336 levels for a target of 360-370 levels with a closing below stop loss of 319 levels.

IRB Infrastructure Developers

Buy in the range of 165-167 levels for a target of 179-184 levels with a closing below stop loss of 160 levels.

Indian Overseas Bank
Buy in the range of 96-97 levels for a target of 110-115 levels with a closing below stop loss of 91 levels.

Friday, November 4, 2011

Intraday Stock Tips and Best Stocks for next week

Bharti Airtel
Buy Bharti Airtel November futures above Rs 403.50 for the target price of Rs 415 with a stop loss placed at Rs 398.5.

HDFC
Buy HDFC November futures above Rs 692.50 for the target price of Rs 710 with a stop loss placed at Rs 684.

3 stocks witnessing upgrade

Ambuja Cement
Market price (Nov 2): Rs 157
Target price: Rs 165
Upside: 5.10%

ACC
Market price (Nov 1): Rs 1,184
Target price: Rs 1,290
Upside: 8.95%

Bank of Baroda (BoB)
Market price (Oct 31): Rs 1,003
Target price: Rs 826
Downside: 17.65%

5 stocks witnessing downgrades

OnMobile Global
Market price (Nov 3): Rs 66
Target price: Rs 70
Upside: 6.06%

Maruti Suzuki
Market price (Nov 2): Rs 1,134
Target price: Rs 1,153
Upside: 1.68%

United Bank of India (UBI)
Market price (Nov 2): Rs 71
Target price: Rs 73
Upside: 2.82%

Wipro
Market price (Oct 31): Rs 367
Target price: Rs 390
Upside: 6.27%

Hindustan Unilever
Market price (Oct 31): Rs 375
Target price: Rs 347
Downside: 7.47%

Thursday, November 3, 2011

Intraday Stock Tips for Tomorrow 04 Nov

AXIS BANK
The stock remains range bound in today's trading session. It has support at 1090, breach of this level may take the stock downwards else it may also bounce back from these levels and may show an upward movement in short term. And resistance at 1140.

MARUTI SUZUKI INDIA

Today stock has consolidated with moderate gain. The major trend in stock is sideways so it is expected that stock will consolidate and crossing of resistance may made him to higher level, now the stock facing resistance at 1139 and support at 1113.

ONGC
The stock consolidates with positive biasness in today's trading session. In upcoming session bullish trend can be expected in it above resistance level. Currently it has support level of 271 and resistance level of 280.

RELIANCE INDUSTRIES
The stock is currently moving in a range. It now has resistance at 903 while support at 855, one should wait for sometime in the stock as an either side movement is expected in the stock.

WIPRO
In today's trading session the stock consolidates and remains range bound. In upcoming session bullish trend can be expected in the stock above the resistance level. It now has resistance level at 375 and support level at 366.

Wednesday, November 2, 2011

Free Intraday Share Tips for Tomorrow 03 Nov

WIPRO
In today's trading session, the stock remains volatile and closed almost flat. It's looking very weak on the chart. In upcoming session some bearish trend can be expected. It now has next resistance level at 1123 and support level at 1100. One may go for the sell on rise strategy till it breaks its resistance level.

SESA GOA
The stock is range bound trading with sideways movement taking support at the level of 200 and facing resistance at the near level of 214. One can wait in the stock as it is expected to consolidate more for a while in the near term and remain range bound, until it breaks either of the levels.

RELIANCE COMMUNICATION
The Stock had positive side movement in today's trading session and closed with the gain of around 5.55%. Now it has resistance level at 84 and support level at 79. It may show range bound movements in short term.

JAIPRAKASH ASSOCIATES
Stock is exhibiting a volatile movement with prominent move on down side but closes with a nominal gain. Its next major support is at 74 breach of this level will take the stock further downwards while it has resistance at 78, as stock closes above its 10 period and 50 period moving average.

HDFC BANK

The stock showed a sideways movement during the trading hour and closed on a positive note. The stock is now facing resistance at 493 and has support at 470. 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.

 
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