NTPC showed positive biasness today and made an intraday high of 176.25. The stock has support level at 172 and resistance level at 178. In short term it is expected to consolidate with positive biasness. Technically above the resistance level it is looking strong.
Resistance2-  178.1, Resistance1-  176.7,  Pivot Point  174.85,
Support1-  173.45,  Support2-  171.6
AXIS
The stock has tried to take resistance at higher levels and is now facing a correction phase. It has next support at 1205; breach of this level will take the stock further downwards.
Resistance2-  1246.15,  Resistance1-  1237.45,  Pivot Point  1227.3,
Support1-  1218.6,  Support2-  1208.45
LARSEN AND TOUBRO
L&T consolidated with negative biasness in today's trading session also and made intraday low of 1693.55. The stock has resistance level at 1768 and support level at 1680. In short term it is expected to consolidate and remain range bound.
Resistance2-  1727.87,  Resistance1-  1715.28,  Pivot Point  1704.42,
Support1-  1691.83,  Support2-  1680.97
JAIPRAKASH ASSOCIATES
JP ASSOCIATES traded in tight range today and closed almost flat. The stock has resistance level at 86 and support level at 81. In short term it is expected to consolidate and remain range bound.
Resistance2-  86.03,  Resistance1-  84.97,  Pivot Point  83.83,
Support1-  82.77,  Support2-  81.63
AMBUJA CEMENT
The stock is currently moving in bullish trend. One could hold the long positions in the stock as it is expected to continue its bullish trend and may move till the levels of 147-150 in coming trading sessions.
Resistance2-  145.47,  Resistance1-  143.13,  Pivot Point  141.22,
Support1-  138.88,  Support2-  136.97