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.
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.
11:01 PM
Sara
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