BHARAT HEAVY ELECTRICAL
The stock has successfully taken support at lower levels and had an up rally in today's trading session. One should now wait for sometime in the stock as it may show some correction after a continuous up rally.
Resistance2- 341.62, Resistance1- 336.38, Support1- 321.53, Support2- 311.92
STERLITE INDUSTRIES
The stock consolidates with negative biasness in today's trading session. It now faces resistance at 123 and support at 119, in near term the stock is looking week below support level.
Resistance2- 125.18, Resistance1- 123.27, Support1- 119.47, Support2- 117.58
HINDALCO
The stock has consolidated sideways in the recent trading session by taking some correction after facing resistance at the level of 144 and now having support at the level of 133. One can wait for some time to confirm for a proper movement in the stock.
Resistance2- 139.38, Resistance1- 137.97, Support1- 134.17, Support2- 131.78
TATA STEEL
Tata steel trades with negative biasness and continue its bearish trend. Now it has resistance level at 470 and support level at 455. In near term further selling pressure can be expected in the stock below support level.
Resistance2- 476.97, Resistance1- 469.73, Support1- 455.28, Support2- 448.07
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