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RELIANCE CAPITAL
Reliance capital has closed above the resistance level of 595 and looks positive for the short term perspective. It has next resistance at 613 and support at 580. It is looking positive in the coming trading session; one can go for long position in it at 615 for the target of 650.
Resistance2-  631.87,  Resistance1-  619.53,  Pivot Point  600.67,
Support1-  588.33,  Support2-  569.47
 
HDFC BANK
The stock showed an up movement during the trading hour and marked a high of 2552 and closed with positive biasness. The stock is now facing resistance at 2552 and has support at 2500. As the stock closed with positive biasness a further up movement can be seen in the stock once it breaks its resistance level.
Resistance2-  2573.4,  Resistance1-  2557.3,  Pivot Point  2535.9,
Support1-  2519.8,  Support2-  2498.4

MAHINDRA & MAHINDRA
M&M made an intraday high of 722.80 after crossing its resistance level. The stock now has support level at 698 and resistance level at 725. It is expected to consolidate with positive biasness and may test its resistance level.
Resistance2-  736.13,  Resistance1-  729.07,  Pivot Point  715.73,
Support1-  708.67,  Support2-  695.33

IDFC
IDFC showed negative biasness in today's trading session and it traded in tight range. The stock has resistance level at 141 and support level at 132. In short term it is expected to consolidated with positive biasness and crossing of resistance level may take the stock to the higher levels.
Resistance2-  139.73,  Resistance1-  137.92,  Pivot Point  136.13,
Support1-  134.32,  Support2-  132.53

HINDALCO
The stock moved down during the trading hour and ended on a negative note. The stock is now facing resistance at 192 and has support at 182. As the stock closed on a negative note a further down movement can be seen in the stock. One may go for selling the stock once it breaks its support level.
Resistance2-  194.27,  Resistance1-  190.33,  Pivot Point  187.67,
Support1-  183.73,  Support2-  181.07





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