9:46 PM
Sara
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.
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.
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