10:14 PM
Sara
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.
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.
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