AXIS
The stock after having an up rally earlier in the week took resistance at higher levels and had a steep downfall. It's consolidating currently. It has resistance at 1301, crossing of this level may take the stock upwards while it has support at 1233, and breach of this level may take the stock downward.
R2- 1330.25, R1- 1306.6, PP 1276.15, S1- 1252.5, S2- 1222.05
HINDALCO
Hindalco is trading in the bearish trend. The stock is looking weak and below the support level of 202 it may continue to trade in downtrend in the coming trading sessions.
R2- 207.73, R1- 205.97, PP 204.33, S1- 202.57, S2- 200.93
HUL
HINDUNILVR
HUL is trading in bearish trend. The stocks hold crucial support of 270 in the short run and if this level is breached then some more correction may be seen in it in the coming time.
R2- 284.22, R1- 279.48, PP 275.12, S1- 270.38, S2- 266.02
IDFC
IDFC remains quite and trading in a narrow range. The stock is holding support of 140 from the last few trading sessions. So if it continues to hold the support level then above the level of 148 some uptrend may be seen in it. The stock is looking risky below the level of 140.
R2- 149.67, R1- 147.18, PP 143.77, S1- 141.28, S2- 137.87
MARUTI SUZUKI INDIA
MARUTI
Maruti in today's trading session manages to close near to the support level of 1200; from this level further downside of movement would be expected. It is now trading at 1214.15.One can go for short position in it at 1214.15 below this level it might test the next support level of 1275
R2- 1244.58, R1- 1229.37, PP 1214.68, S1- 1199.47, S2- 1184.78
The stock after having an up rally earlier in the week took resistance at higher levels and had a steep downfall. It's consolidating currently. It has resistance at 1301, crossing of this level may take the stock upwards while it has support at 1233, and breach of this level may take the stock downward.
R2- 1330.25, R1- 1306.6, PP 1276.15, S1- 1252.5, S2- 1222.05
HINDALCO
Hindalco is trading in the bearish trend. The stock is looking weak and below the support level of 202 it may continue to trade in downtrend in the coming trading sessions.
R2- 207.73, R1- 205.97, PP 204.33, S1- 202.57, S2- 200.93
HUL
HINDUNILVR
HUL is trading in bearish trend. The stocks hold crucial support of 270 in the short run and if this level is breached then some more correction may be seen in it in the coming time.
R2- 284.22, R1- 279.48, PP 275.12, S1- 270.38, S2- 266.02
IDFC
IDFC remains quite and trading in a narrow range. The stock is holding support of 140 from the last few trading sessions. So if it continues to hold the support level then above the level of 148 some uptrend may be seen in it. The stock is looking risky below the level of 140.
R2- 149.67, R1- 147.18, PP 143.77, S1- 141.28, S2- 137.87
MARUTI SUZUKI INDIA
MARUTI
Maruti in today's trading session manages to close near to the support level of 1200; from this level further downside of movement would be expected. It is now trading at 1214.15.One can go for short position in it at 1214.15 below this level it might test the next support level of 1275
R2- 1244.58, R1- 1229.37, PP 1214.68, S1- 1199.47, S2- 1184.78
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