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Intraday Tips- Technical Report and Outlook for Tuesday 6th September

The stock managed to cross its resistance level and had an up rally in today's trading session. Its next resistance is at 495, one may hold the long positions in the stock as it is expected to test its resistance level in coming trading session.
Resistance2-  503.43, Resistance1-  488.02, Pivot Point  465.58, Support1-  450.17,  Support2-  427.73

The stock closed positive and it is showing gaining momentum with trading above 10 period and 50 period moving averages with high volume, it is now trading at 429.55. It is looking bullish in the coming trading session; one can go long position in it at 437 for the target of 455.
Resistance2-  455.8,  Resistance1-  441.6,  Pivot Point  419.3, Support1-  405.1,  Support2-  382.8

JP ASSOCIATES showed upside movements in today's trading session and made intraday high of 64.90. The stock now has resistance level at 66 and may take support from the level of 61. In short term it is expected to remain volatile, also crossing of resistance level may take the stock at higher levels.
Resistance2-  67.68,  Resistance1-  66.17,  Pivot Point  63.38, Support1-  61.87,  Support2-  59.08

The stock showed a continuous up move during the week and close on positive note. The stock is trading at its all time high and has support at 2130. As the stock closed on positive note a further up movement can be seen in the stock once it breaks its resistance. One may go for buying the stock once it breaks its resistance level.
Resistance2-  2287.1,  Resistance1-  2236.2,  Pivot Point  2142.1, Support1-  2091.2,  Support2-  1997.1

In today's trading session, the stock breaches its support level and made a low of 320.The major trend in the stock is sideways. In upcoming session it is expected to test its support level again .It now has next support level at 320 and resistance level at 334.
Resistance2-  337.92,  Resistance1-  329.23,  Pivot Point  324.62, Support1-  315.93,  Support2-  311.32


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