WIPRO
WIPRO consolidated with negative biasness in today's trading session and closed almost flat. Now the stock has support level at 421 and it may bounce back taking support from this level. The stock has resistance level at 450.
Resistance2- 448.07, Resistance1- 442.53, Pivot Point 435.27, Support1- 429.73, Support2- 422.47
TCS
TCS today traded with negative biasness and closed almost flat. Now the stock has support level at 1103 and it may bounce back taking support from this level. In short term it is expected to consolidate with negative biasness. It has resistance level of 1152.
Resistance2- 1163.58, Resistance1- 1150.32, Pivot Point 1132.73, Support1- 1119.47, Support2-1101.88
TATA STEEL
TATA Steel continued its downside movement in today's trading session and made an intraday low of 588.20. The stock has major support level is 575 and it is expected to take support from this level and may bounce back. The stock faces resistance from the level of 620. In short term negative phase seems to be continued in it.
Resistance2- 609.72, Resistance1- 599.73, Pivot Point 593.97, Support1- 583.98, Support2- 578.22
SESA GOA
The stock consolidated with negative biasness. Its next support is at 302, breach of this level will continue the bearish trend of the stock.
Resistance2- 312.22, Resistance1- 306.78, Pivot Point 301.07, Support1- 295.63, Support2- 289.92
SAIL
The stock is currently moving in bearish trend, one could hold the short positions in the stock as it is expected to move till the levels of 154-150 in coming trading sessions.
Resistance2- 158.52, Resistance1- 157.33, Pivot Point 155.82, Support1- 154.63, Support2- 153.12
RELIANCE INFRA
It is now taking support at 649 and resistance at 670.It is looking weak on chart in today's trading session it was down by -0.90 % and it is now trading at 656.50, from this level further downside of movement would be expected. Once can go for short position in it at 649 below this level it might be in a bearish trend.
Resistance2- 669.85, Resistance1- 656.2, Pivot Point 646.65, Support1- 633, Support2- 623.45
WIPRO consolidated with negative biasness in today's trading session and closed almost flat. Now the stock has support level at 421 and it may bounce back taking support from this level. The stock has resistance level at 450.
Resistance2- 448.07, Resistance1- 442.53, Pivot Point 435.27, Support1- 429.73, Support2- 422.47
TCS
TCS today traded with negative biasness and closed almost flat. Now the stock has support level at 1103 and it may bounce back taking support from this level. In short term it is expected to consolidate with negative biasness. It has resistance level of 1152.
Resistance2- 1163.58, Resistance1- 1150.32, Pivot Point 1132.73, Support1- 1119.47, Support2-1101.88
TATA STEEL
TATA Steel continued its downside movement in today's trading session and made an intraday low of 588.20. The stock has major support level is 575 and it is expected to take support from this level and may bounce back. The stock faces resistance from the level of 620. In short term negative phase seems to be continued in it.
Resistance2- 609.72, Resistance1- 599.73, Pivot Point 593.97, Support1- 583.98, Support2- 578.22
SESA GOA
The stock consolidated with negative biasness. Its next support is at 302, breach of this level will continue the bearish trend of the stock.
Resistance2- 312.22, Resistance1- 306.78, Pivot Point 301.07, Support1- 295.63, Support2- 289.92
SAIL
The stock is currently moving in bearish trend, one could hold the short positions in the stock as it is expected to move till the levels of 154-150 in coming trading sessions.
Resistance2- 158.52, Resistance1- 157.33, Pivot Point 155.82, Support1- 154.63, Support2- 153.12
RELIANCE INFRA
It is now taking support at 649 and resistance at 670.It is looking weak on chart in today's trading session it was down by -0.90 % and it is now trading at 656.50, from this level further downside of movement would be expected. Once can go for short position in it at 649 below this level it might be in a bearish trend.
Resistance2- 669.85, Resistance1- 656.2, Pivot Point 646.65, Support1- 633, Support2- 623.45
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