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TCS has is in correction phase from last few trading sessions. The stock has resistance level at 1202 and support level at 1172. It is expected to trade with negative biasness, also if it sustain below support level at 1172, further correction may be seen in short term.
Resistance2-  1202.7,  Resistance1-  1183,  Pivot Point  1171, Support1-  1190.7,  Support2-  1163.3
Wipro is in correction phase and today also it consolidated with negative biasness. The stock has resistance at 474 and support at 453. The stock is
expected to continue its trade with negative biasness, and below the support level at 453 it looks weak in short term.
Resistance2-  469.07,  Resistance1-  464.68,  Pivot Point  460.62,  Support1-  456.23,  Support2-  452.17
Tata Power is in consolidation phase from many previous sessions and trading in tight range. The stock is looking strong above the resistance level at 1350. It is expected to trade sideways within the range of resistance 1350 and support at 1295, and if it crosses the resistance bullishness is expected.
Resistance2-  1360.33,  Resistance1-  1338.72,  Pivot Point  1322.03,  Support1-  1300.42,  Support2-  1283.73
The stock is consolidating with negative biasness from last a few trading sessions. It faces next resistance at 180; crossing of this level will further take up the stock while has support at 165, breach of this level may bring downward movement.
Resistance2-  171.77,  Resistance1-  169.63,  Pivot Point  168.37,  Support1-  166.23,  Support2-  164.97
M&M in today's trading session found the support at 706 and resistance at 726. In order to be in an upward trend it has to trade and consolidate above the 10 days and 50 days moving averages. It is looking bearish in the coming trading session if it manages to trade below the support level of 706 else above 726 it would be in an upward trend.
Resistance2-  731.58,  Resistance1-  720.32,  Pivot Point  713.98,  Support1-  702.72,  Support2-  696.38


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