10:28 PM
Sara
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.
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.
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