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Intraday Tips- Technical Outlook Tuesday 26th July

The stock had been moving in an upward trend and in today's trading session it was up by 15.12 %. It is now taking support at 89 and resistance at 109. It is looking strong on charts; one can go for long position in it at 109 for the target of 120.
Resistance2-  118.45,  Resistance1-  113.5,  Pivot Point  103.75,
Support1-  98.8,  Support2-  89.05

The stock is currently moving in an up trend. Its next resistance is at 439, crossing of this level may take the stock further upwards while it may also resist at higher levels and reverse back.
Resistance2-  455.67,  Resistance1-  444.48,  Pivot Point  427.02, 
Support1-  415.83,  Support2-  398.37

M&M showed upside movements in today trading session and after crossing of resistance level it made intraday high of 753. The stock now has support level at 718 and resistance level at 765. It is expected to consolidate with positive biasness in short term.
Resistance2-  772.67,  Resistance1-  760.33,  Pivot Point  740.67,
Support1-  728.33,  Support2-  708.67

The stock has manages to closed near to the support level of 280 from this level further downside of movement would be expected. One can go for short position in it at 280 for the target of 265.
Resistance2-  291.08,  Resistance1-  286.32,  Pivot Point  282.83,
Support1-  278.07,  Support2-  274.58

The stock had consolidation in today's trading session. Now its next support is at 310, breach of this level may take the stock further down else it may also bounce back.
Resistance2-  327.12,  Resistance1-  322.23,  Pivot Point  318.62,
Support1-  313.73,  Support2-  310.12


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