BAJAJ AUTO
The stock had a steep pull back from its support levels is now moving in an up rally. One could go for buying on dip strategy until it crosses the level of 1314 in downside as it is expected to continue its bullish trend.
R2- 1422.4, R1- 1411.85, PP 1402.6, S1- 1392.05, S2- 1382.8
DR.REDDY LAB
DRREDDY
Dr.Reddy Lab. has volatile trading session and it was closed flat with the positive bias. The stock is looking bullish and above the level of 1630 some more uptrend may be seen in it.
R2- 1624.75, R1- 1607.55, PP 1596.5, S1- 1579.3, S2- 1568.25
HCL
HCLTECH
HCL is oscillating in the range of 435-475 from the last few trading sessions. The stock is not looking lucrative in the short run and waits for proper breakout in it.
R2- 467.25, R1- 462.1, PP 457.85, S1- 452.7, S2- 448.45
HERO HONDA
Hero Honda is trading in uptrend. It is consolidating at the higher level and trading with the positive bias. So a decisive breakout above the level of 1575 it may continue the upward rally in the coming trading sessions.
R2- 1598.43, R1- 1567.37, PP 1543.78, S1- 1512.72, S2- 1489.13
HINDALCO
Hindalco is trading in sideways trend with the negative bias. So a decisive breakout below the level of 205 may show some more downside in the coming trading session.
R2- 214.6, R1- 211.95 , PP 208.9 , S1- 206.25 , S2- 203.2
The stock had a steep pull back from its support levels is now moving in an up rally. One could go for buying on dip strategy until it crosses the level of 1314 in downside as it is expected to continue its bullish trend.
R2- 1422.4, R1- 1411.85, PP 1402.6, S1- 1392.05, S2- 1382.8
DR.REDDY LAB
DRREDDY
Dr.Reddy Lab. has volatile trading session and it was closed flat with the positive bias. The stock is looking bullish and above the level of 1630 some more uptrend may be seen in it.
R2- 1624.75, R1- 1607.55, PP 1596.5, S1- 1579.3, S2- 1568.25
HCL
HCLTECH
HCL is oscillating in the range of 435-475 from the last few trading sessions. The stock is not looking lucrative in the short run and waits for proper breakout in it.
R2- 467.25, R1- 462.1, PP 457.85, S1- 452.7, S2- 448.45
HERO HONDA
Hero Honda is trading in uptrend. It is consolidating at the higher level and trading with the positive bias. So a decisive breakout above the level of 1575 it may continue the upward rally in the coming trading sessions.
R2- 1598.43, R1- 1567.37, PP 1543.78, S1- 1512.72, S2- 1489.13
HINDALCO
Hindalco is trading in sideways trend with the negative bias. So a decisive breakout below the level of 205 may show some more downside in the coming trading session.
R2- 214.6, R1- 211.95 , PP 208.9 , S1- 206.25 , S2- 203.2
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