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RANBAXY
Ranbaxy from the last few trading session moving sideways and in today's trading session it was down by -0.88 %. It is now trading at 537.65 from this level either side of movement would be expected. In order to be in an upward trend it has to trade and consolidate above the resistance level of 547 else below 530 it would be in a downward trend.
Resistance2-  547.72,  Resistance1-  542.68,  Pivot Point  538.97,
Support1-  533.93,  Support2-  530.2

Sell RANBAXY with strict Stop Loss of 538
Target is 526 & 521

JSWSTEEL
JSWSTEEL BUY AROUND 904 – 908
Target 915 - 930
Stop Loss  - 895

RELIANCE INDUSTRIES
It is taking resistance at 967 and support at 944, a negative opening made it to trade and closed above the 10 days and 50 days moving averages. It is looking week on charts from this level further downside of movement would be expected, one can go for short position in at 929 below this level it would be in a downward trend else above 967 it might be in an
upward trend.
Resistance2-  961.7,  Resistance1-  955.45,  Pivot Point  949.7,
Support1-  943.45,  Support2-  937.7

Reliance Industries Ltd. buy above 957
Target  965-973
Stop Loss 948

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