5:46 PM
Sara
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.
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