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JAIPRAKASH ASSOCIATES
JP ASSOCIATES as discussed earlier was strong above the level of 84, crossed the resistance level today and made an intraday high of 86.75. The stock now has resistance level at 89 and support level at 82. In short term it may take some correction and remain range bound, after upside movement of today's session.
Resistance2-  89.4,  Resistance1-  87.95,  Pivot Point  85.3, 
Support1-  83.85,  Support2-  81.2
HDFC BANK
A continuous up rally was seen in the stock during the trading hour and the stock marked a high of 2406 after breaking its resistance at 2330. A further up movement can be seen in the stock once it breaks its resistance level. The stock is presently facing resistance at 2425 and has support at 2354. One may go for buying the stock once it breaks its resistance.
Resistance2-  2460.63,  Resistance1-  2418.87,  Pivot Point  2366.93,
Support1-  2325.17,  Support2-  2273.23
DLF
The stock had an up rally in today's trading session. One should wait for sometime in the stock as it is expected to consolidate a bit after a sharp a continuous up rally.
Resistance2-  246.03,  Resistance1-  242.82,  Pivot Point  236.48,
Support1-  233.27,  Support2-  226.93
AMBUJA CEMENT
The stock is consolidating and tried to take support at lower levels and is now moving in an up rally. Its next resistance is at 140, crossing of which may take the stock further up.
Resistance2-  144.17,  Resistance1-  141.58,  Pivot Point  136.92,
Support1-  134.33,  Support2-  129.67
CIPLA
The stock had a correction phase today after a sharp increase previously. It has next support at 317; breach of this level may bring some more correction in the stock.
Resistance2-  338.6,  Resistance1-  331.8,  Pivot Point  328.1,
Support1-  321.3, Support2-  317.6

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