Showing posts with label Intraday Calls. Show all posts
Showing posts with label Intraday Calls. Show all posts
Nifty Bank Nifty Intraday Tips for Today
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Today, Nifty is expected to trade flat to positive on the back of mixed global cues in the range of 5,332 - 5,400. The traders are advised to create short positions if the Nifty resists around 5,387 levels for targets of 5,357 and 5,342, else can also create long positions if it takes support at around 5,332 levels. Today, Bank Nifty is expected to trade in the range of 9,952-10,400.



Nifty Intraday Tips for Today: Market Outlook & Trend (Thursday 8th Dec.)
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Today the support for Nifty will be near 5,000 - 4,935 and resistance will be  seen at 5,110 - 5,178. The markets are technically up and the logical target is still around 5,110 - 5,178. As the market is still up up but profit booking is not ruled out in the upper regions. Yesterday Markets ended marginally higher, paring sharp intra-day gains, after profit booking was seen in late trades because of growth concerns.

Nifty Intraday Tips for Today: Market Outlook & Trend (Friday 2nd Dec.)
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Today the domestic indices opened flat, mirroring overseas markets. For NSE Nifty the critical level for upside movement is seen at 4,943 and if the index is able to sustain above this level for some time, then it can move towards the first resistance at 4,965. Above this level, further upside momentum towards the next level 4,993 could also be seen. After the initial volatility if it fails to trade above 4,943 levels, a sideways movement is expected due to the weekend pressure and the Nifty may try to find a support at 4,903. A break below this level can bring down the benchmark towards the major support around 4,877.

Nifty Intraday Tips for Today: Market Outlook (Wednesday 30th Nov.)
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Today the Indian markets opened on weaker side mirroring Asian markets, which fell after S&P slashed its credit rating on 15 European and US banks. For today the critical support level for NSE Nifty is expected around 4,760 and if the it trades below this level then the lower support will be around 4,736. Any positive surprise in GDP figures can bring back some optimism and after the consolidation above 4,760, the index can move higher. For today the first resistance is around 4,832 followed by the major resistance at 4,870.


GAIL INDIA
The stock has managed to follow its sideways trend with some consolidation in yesterday’s trading session still facing strong resistance at the levels of 396, increasing the strength of the level. If the stock will manage to trade with the positive biasness in the near term then it may manage to cross the resistance level else it may bounce back.
Resistance: 397.12 - 391.63, Support: 382.83 - 379.52


SUN PHARMACEUTICALS
The stock consolidates with negative biasness in yesterday’s trading session. The overall trend of the stock is sideways so one should wait for consolidation of either side before taking any position in the stock. It now has support level at 506 and resistance level at 518. In near future the stock may recover after crossing the resistance while below support level bearish trend can be expected in the stock.
Resistance: 521.9 - 515.2, Support: 504 - 499.5


RELIANCE INFRASTRUCTURE
The stock remained range bound during the trading hours and ended up on a positive note. The stock is now facing a resistance at 417 and has support at 400. As mentioned previously it has taken support at lower levels and bounced back. The stock is looking bearish on the charts and is consolidating with negative biasness. Breaching of support levels may take stock take stock further downwards.
Resistance: 420.07 - 415.23, Support: 405.28 - 400.17


HINDUSTAN UNILEVER
Yesterday the stock had shown positive biasness managing to trade near its resistance level of 392. It is still trading with the major sideways trend having support at the level of 371. In today's session it is expected to remain positive and consolidate more near its resistance level or may even cross it confirming the bullish trend.
Resistance: 394.57 - 391.28 , Support: 383.38 - 378.77

Nifty Intraday Tips for Tomorrow: Trend & Outlook (Tuesday 30th Nov.)
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Today selling pressure in Nifty is witnessed from resistance near 4,870 level. Selling pressure could be seen below 4785 levels and on the other hand it may face resistance near 4,900 levels. If Nifty manages to trade above 4,800 levels, then rally to 4,860/4,900 could be seen. If Nifty fails to manage to trade 4,800 levels then selling pressure till 4,750/4,700 Could also also be seen.

Nifty Intraday Tips for Today: Prediction & Outlook (Tuesday 29th Nov.)
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The market is expected to trade in a narrow positive range. The critical support for Nifty is around 4,820, and above this level the sentiments are expected to remain strong.  
The first resistance for today's session is near 4,860 and the major resistance is around 4,900 levels. In the down side, Nifty may take support at 4,793.

RANBAXY
Ranbaxy had a volatile trading session today and closes with moderate gain. Now it is facing resistance at level of 453 and support at 442. One may go for long position after crossing of resistance.
Resistance: 460.53 - 455.07, Support: 443.07 - 436.53

TATA STEEL
The stock is moving with the downward trend, where in yesterday’s trading session it sustained at the support level of 367. Currently it is facing resistance at 389, above which it may show an upside move. It is expected to trade with the positive biasness in the upcoming sessions.
Resistance: 396.3 - 392.4, Support: 381.3 - 374.1

CIPLA
The stock continued its upward movement in yesterday’s trading session. It is now facing a resistance at 330 and support at 318. If it manages to sustain at current level then it is expected to show further upward movement. One should wait for crossing of the levels before taking any position in the stock, as the stock may try to reverse back after continuous up rally.
Resistance: 330.27 - 327.63, Support: 319.73 - 314.47

HINDUSTAN UNILEVER
The stock has continued to trade range bound in Yesterday’s session as well, consolidating between the support level of 371 and resistance level of 392. One can wait in the stock until it breaches either of the levels as it can give an either of the movement.
Resistance: 387.8 - 384.65, Support: 377.55 - 373.6

Stock Intraday Tips for Today
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GAIL INDIA
Yesterday the stock has again managed to breach its immediate support and now sustaining at its lower level of 367 showing a consolidated movement. With the bearish trend in the stock it is expected to breach its recent support at the lower levels and move further downward or it may show an upside correction trading with the positive biasness. It is now facing resistance at 388 above which it may show an upside movement.
Resistance: 385.33 - 379.67, Support: 367.67 - 361.33

TATA MOTORS
Tata motor covers from lower levels after taking support in today’s trading hours. In near term the stock can recover further after crossing its resistance level. It now has resistance level at 177 and support level at 160, breaching of support may take the stock to lower levels in near future.
Resistance: 182.42 - 177.43, Support: 165.23 - 158.02

CIPLA
The stock has shown consolidated movement in yesterday’s trading session and ended up on a positive note. It now has a support at 312 and is facing a resistance at 321. If it sustains at this level then further upward movement could be expected in the stock else it could also reverse back taking resistance at higher levels. One should wait for some time in stock till it consolidates for a while.
Resistance: 323.07 - 319.88, Support: 311.83 - 306.97

HINDUSTAN UNILEVER
Technically the stock is consolidating with the sideways trend able to trade range bound facing resistance at the higher levels of 403 and having strong support at the levels of 384. As the stock has gained negativity in it, it may breach its support level in the upcoming session confirming downside movement in the stock.
Resistance: 395.13 - 390.02, Support: 381.77 - 378.63

Stock Intraday Tips for Today
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Mahindra and Mahindra (M&M)
The stock had shown steep down rally due to lower than expected quarterly results announced. Now the stock is facing psychological support zone of 750, and may take resistance from the levels of 795. It is expected to continue negative biasness in short term.
Resistance2- 811.6, Resistance1- 786.05, Support1- 743.75, Support2- 727

RELIANCE COMMUNICATION
Today Reliance Communication has managed to take support at the levels of 77 after trading with the negative biasness with a downside movement. It is now facing resistance at levels of 87. One can wait for some consolidation or if it manages to trade with the negative biasness it may breach the support and move further downward.
Resistance2- 84.6, Resistance1- 81, Support1- 75.4, Support2- 73.4

CIPLA
The stock today had an upward movement. Its next resistance is at 310, if it manages to sustain, crossing of this level may take the stock further upwards till the levels of 316-318 in coming trading sessions.
Resistance2- 317.95, Resistance1- 312.1, Support1- 296.9, Support2- 287.55

STATE BANK OF INDIA
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- 1782.3, Resistance1- 1755.5, Support1- 1710.1, Support2- 1691.5

Stock Intraday Tips for Today- Friday 4th November 2011
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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

Stock Intraday Tips for Today- Thursday 3rd November 2011
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RELIANCE COMMUNICATION
The Stock had positive side movement in today's trading session and closed with the gain of around 5.55%. Now it has resistance level at 84 and support level at 79. It may show range bound movements in short term.

Resistance2- 78.32, Resistance1- 76.83, Support1- 73.28, Support2- 71.22

TATA MOTORS
In today's trading session, the stock consolidates with positive biasness and made a high of 196.90. At present the stock is in bullish trend. In upcoming session some correction can be expected. It now has resistance level at 197 and support level at 191.One may hold long position in it.

Resistance2- 198.6, Resistance1- 195.2, Support1- 186.6, Support2- 181.4

STERLITE INDUSTRIES
In today's trading session, the stock shown some recovery and consolidates with positive biasness. It made a high of 124.50.The major trend in the stock is bearish, in upcoming session some more bearish trend can be expected. It has next resistance level at 125 and support level at 122.

Resistance2- 124.45, Resistance1- 122.6, Support1- 118.15, Support2- 115.55

RANBAXY
Ranbaxy ha d upside movements in today's trading session and made intraday high of 515.40. Now it is facing resistance at level of 520 and support at 500. It is expected to continue positive biasness and may test its resistance level in short term.
Resistance2- 520.68, Resistance1- 515.42, Support1- 502.77, Support2- 495.38

Stock Intraday Tips for Tomorrow
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RANBAXY
During today's trading session the share prices of Ranbaxy Laboratories advanced to a level of 508 giving an intraday gain of 1.06%. The stock will be trading strong on the charts if it manages to trade above its resistance in the coming trading sessions. Currently it takes a support from the level of 484.

Resistance2- 522.2, Resistance1- 514.75, Pivot Point 499.85, Support1- 492.4, Support2- 477.5

GAIL INDIA
The stock has consolidated after breaching its support level in today's session. It is in continuity with the major bearish trend. It is facing resistance at the level of 426. One can wait for sometime in the stock as it is expected to consolidate more in the upcoming trading session.

Resistance2- 425.23, Resistance1- 420.17, Pivot Point 412.93, Support1- 407.87, Support2- 400.63

POWER GRID CORPORATION
After a dip in the beginning, the stock consolidated during the day and ended on a positive note. It is trading with positive biasness in the upward direction. The stock seems bullish in the coming trading sessions, if it manages to breach the resistance and trades above it. It takes a support at the level of 97.

Resistance2- 100.47, Resistance1- 99.53, Pivot Point 98.27, Support1- 97.33, Support2- 96.07

HCL
Today the stock managed to destroy the major trend in the stock and moved red making intraday low of 399.40. It is now having support at the level of 386.50. In the next trading session if it manages to sustain above this level then it is expected to consolidate and then breach its support.

Resistance2- 460.62, Resistance1- 430.48, Pivot Point 414.87, Support1- 384.73, Support2- 369.12

Stock Tips for Tomorrow
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JINDAL STEEL & POWER
The stock showed a continuous up move during the market hours and close with the gain of 6.06%.The stock made an intraday high of 529.4. 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- 549.88, Resistance1- 529.77, Pivot Point 509.28, Support1- 489.17, Support2- 468.68

SBI
Today the stock gives a very good recovery after two day's consolidation and closes with a gain of 6.09%. In short term bullish trend can be expected in the stock, if it trades above its resistance level. Now it faces resistance at 1885 and support at 1757.

Resistance2- 1961.8, Resistance1- 1920.85, Pivot Point 1839.05, Support1- 1798.1, Support2- 1716.3

TATA MOTORS
Today the stock continue its up rally and made a high of 190, after crossing its previous resistance level of 178. In short term it is expected to continue it's up rally, if it crosses its resistance level else it will show some correction. It has next resistance level at 190 and support level at 170.

Resistance2- 201.23, Resistance1- 193.12, Pivot Point 181.88, Support1- 173.77, Support2- 162.53

MARUTI SUZUKI INDIA
Maruti opened below its previous closing and manage to close with moderate gain. Short term trend is sideways so either side movement can be expected. Stock closed with an intraday high of 1090, now resistance level at 1092 and support at 1063.

Resistance2- 1104.23, Resistance1- 1094.12, Pivot Point 1079.88, Support1- 1069.77, Support2- 1055.53

Stock Tips for Tomorrow
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BHARAT PETROLEUM CORPORATION
The stock had a bounce back taking support at lower levels and had a sharp rise in today's trading session. Its resistance is at 700, if it consolidates for a while then it may test its resistance level.

Resistance2- 723.28, Resistance1- 699.72, Pivot Point 670.43, Support1- 646.87, Support2- 617.58

BHARAT HEAVY ELECTRICAL
The stock had a split in today's trading session. Its next major support is at 314, breach of this level may take the stock further downwards, else it may also bounce back from lower support levels.

Resistance2- 329.62, Resistance1- 324.98, Pivot Point 321.77, Support1- 317.13, Support2- 313.92

DLF
The stock showed some correction as expected in today's trading session. Its next support is at 190, breach of this level may continue its correction. One should wait for sometime in the stock as an either side movement is expected in the stock.

Resistance2- 219.23, Resistance1- 209.47, Pivot Point 204.23, Support1- 194.47, Support2- 189.23

TATA MOTORS
In today's trading session, the stock consolidates with negative biasness and made a low of 152.35. It now has next resistance level at 157 and support level at 152.In upcoming session some bullish trend can be expected. One may hold long position in it till it crosses its support level.

Resistance2- 159.17, Resistance1- 155.88, Pivot Point 154.12, Support1- 150.83, Support2- 149.07

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Stock Tips for Tomorrow
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JAIPRAKASH ASSOCIATES
JPASSOCIATES rallied in upside in today's trading session and tested its resistance level at 75 making intraday high of 75.25. The stock now has resistance level at 76 and may take support from the level of 70. It may test its resistance level in short term.

Resistance2- 79.3, Resistance1- 77.1, Pivot Point 73.05, Support1- 70.85, Support2- 66.8

KOTAK MAHINDRA BANK
KOTAK MAHINDRA BANK had upside movements in today's trading session and made intraday high of 480. The stock has support level at 454 and resistance level at 485. It is expected to consolidate and remain range bound in short term. Also it may test its resistance level in short term.

Resistance2- 495.17, Resistance1- 487.08, Pivot Point 471.92, Support1- 463.83, Support2- 448.67

TATA MOTORS
In today's trading session, the stock remains positive and made a high of 162.85. It now has next resistance level at 163 and support level at 159.In upcoming session some more bullish trend can be expected. One may hold long position in it till it crosses its support level.

Resistance2- 169.67, Resistance1- 164.83, Pivot Point 158.02, Support1- 153.18, Support2- 146.37

LARSEN & TOUBRO
L&T remained weak in today's trading session also and made intraday low of 1348.65. The stock may face resistance from the level of 1410 and it has support level at 1340. In short term it is expected to consolidate and remain range bound, some recovery can also be seen.

Resistance2- 1427.63, Resistance1- 1400.32, Pivot Point 1374.48, Support1- 1347.17, Support2- 1321.33

STERLITE INDUSTRIES
The stock consolidates with positive biasness, in today's trading session. The major trend in the stock is bearish and at present it is in recovery phase. In short term it is expected to show some more recovery. It now has next resistance level at 120 and support level at 117.

Resistance2- 121.5, Resistance1- 120, Pivot Point 118.35, Support1- 116.85, Support2- 115.2

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Stock Intraday Tips for Tomorrow
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DLF
The stock is currently moving in an up trend. It managed to reach our mentioned levels in today's trading session. Now it has next resistance at 230, if its consolidates for a while crossing of this level may take the stock further upwards else it may also resist at higher levels.

Resistance2- 233.35, Resistance1- 228.9, Pivot Point 221, Support1- 216.55, Support2- 208.65

RANBAXY
The stock was moving in a short term uptrend trend, in today's trading session it was moving sideways and manages to trade and close near to the resistance of 500 . It is looking bullish in the coming trading session if it manages to trade above the resistance level of 500 else below 473 it would be in a downward trend.

Resistance2- 509.1, Resistance1- 501.45, Pivot Point 490.8, Support1- 483.15, Support2- 472.5

GAIL INDIA
The stock showed a continuous up move during the trading hour and closed on positive note. The major trend presently in the stock is weak. The stock is now facing resistance at 420 and has support at 404. As the stock closed with positive biasness a further up movement can be seen in the stock once it breaks its resistance level.

Resistance2- 434.47, Resistance1- 429.03, Pivot Point 419.57, Support1- 414.13, Support2- 404.67

ITC
ITC continued its upside in today's trading session and made intraday high of 197.50. The stock may face resistance from the level of 199 and it has support level at 193. In short term is expected to consolidate with positive biasness and may test its resistance level.

Resistance2- 200.53, Resistance1- 198.82, Pivot Point 195.78, Support1- 194.07, Support2- 191.03

RELIANCE CAPITAL
After a volatile trading session the stock closed in red and it battered down to the level of 366.30, it is now trading at 368.95. The closed near to the support level of 365 with high volume which shows bears are taking control and the stock may decline in the coming trading session.

Resistance2- 412.12, Resistance1- 390.53, Pivot Point 378.42, Support1- 356.83, Support2- 344.72

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Stock Intraday Tips for Tomorrow
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DLF
The stock has tried to take support at major support level and recovered a bit. If it consolidates for a while then crossing of resistance level may take the stock further upwards.

Resistance2- 227.17, Resistance1- 222.08, Pivot Point 213.82, Support1- 208.73, Support2- 200.47

TATA MOTORS
In today's trading session, the stock remains positive to show some recovery and made a high of 157.It now has next resistance level at 158 and support level at 154.In upcoming session some more recovery can be expected.

Resistance2- 161.15, Resistance1- 158.9, Pivot Point 154.75, Support1- 152.5, Support2- 148.35

JAIPRAKASH ASSOCIATES
JPASSOCIATES had shown positive movements in today's trading session and closed with the gain of around 6.06%. The stock now has resistance level at 75 and may take support from the level of 71. In short term it is expected to consolidate and remain range bound, it may also test its resistance level.

Resistance2- 76.3, Resistance1- 74.85, Pivot Point 72.8, Support1- 71.35, Support2- 69.3

CIPLA
The stock had continued to consolidate. It now has support at 272; breach of this level will continue its bearish trend while it has resistance at 288, crossing of this level may bring some recovery in the stock in short term.

Resistance2- 292.13, Resistance1- 288.87, Pivot Point 286.73, Support1- 283.47, Support2- 281.33

BHARAT PETROLEUM CORPORATION
The stock is currently being very volatile in terms of price movements. Its major resistance is at 700 and support at 648, one should wait for sometime as it is expected to be in a range.

Resistance2- 665.5, Resistance1- 661, Pivot Point 657.5, Support1- 653, Support2- 649.5

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Stock Intraday Tips for Tomorrow
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Intraday Tips- Technical Report and Outlook for Wednesday 7th September


AMBHUJA CEMENT
The stock moved with positive biasness and had an up rally last week. It now has resistance at 140.50 and support at 130. One should now wait for sometime in the stock.
Resistance2- 146.3, Resistance1- 142.8 , pivot Point 136.95, Support1- 133.45, Support2- 127.6

RELIANCE INDUSTRIES
The stock was consolidating in a range of 775-800, in today's trading session it broke the resistance level of 799 and made a high of 825.50, it is now trading at 805.45. In order to be in an upward trend it has to trade and consolidate above the next resistance level of 838 else below 775 it might face more selling pressure.
Resistance2- 856.83, Resistance1- 839.17, pivot Point 807.83, Support1- 790.17, Support2- 758.83

SUN PHARMA
In trading session, the stock consolidates with positive biasness. In upcoming session some more bullish trend can be expected, if it able to sustain above its resistance level. It now has next resistance level at 511 and support level at 498.One may hold long position in it till it crosses its support level downsides.
Resistance2- 512.68, Resistance1- 502.27, pivot Point 494.33, Support1- 483.92, Support2- 475.98

MAHINDRA & MAHINDRA
M&M had upside trading session today and it made intraday high of 800. The stock now has support level at 765 and resistance level at 802. It is expected to continue its positive biasness in short term, and crossing of resistance level may take it to higher levels.
Resistance2- 824.87, Resistance1- 811.08, pivot Point 786.22, Support1- 772.43, Support2- 747.57

DLF
The stock has tried to reverse taking support at lower levels. Its next major resistance is at 214, if it consolidates for a while then crossing of this level will take the stock further upwards.
Resistance2- 211.17, Resistance1- 204.93, pivot Point 199.77, Support1- 193.53, Support2- 188.37 

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

RELIANCE INFRA
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


RELIANCE CAPITAL
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


JAIPRAKASH ASSOCIATES
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


HERO MOTOCORP
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


WIPRO
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

Stock Intraday Tips for Tomorrow
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Intraday Tips- Technical Report and Outlook for Tuesday 30th August
 
RELIANCE CAPITAL
The stock closed positive and it is showing gaining momentum with trading above 10 and 50 period moving averages with high volume, it is now trading at 377.25. It is looking bullish in the coming trading session; one can go long position in it at 400 for the target of 425.
Resistance2-  416.77,  Resistance1-  402.88,  Pivot Point  376.12, 
Support1-  362.23,  Support2-  335.47

RELIANCE POWER
The stock had been moving in long term downtrend and in today's trading session it made a high of 84.55; from this level further upside of movement would be expected. One can go for long position in it at 85 for the target of 90.
Resistance2-  88.3,  Resistance1-  85.9,  Pivot Point  82.2, 
Support1-  79.8,  Support2-  76.1

JINDAL STEEL & POWER
The stock showed a continuous up move during the trading hour and closed on positive note. The stock has now resistance level at 510 and has support at 480. Break of resistance may take the stock further up. One may go for buying the stock once it breaks its resistance level.
Resistance2-  531,  Resistance1-  511.2,  Pivot Point  489.1, 
Support1-  469.3,  Support2-  447.2

ONGC
In the last few trading session, the stock has been moving sideways and it is now trading at 274.95. However, sustenance below 274 may result into breaks of 267 and below that we may expect even 250 in the near term. Trade short below 267.
Resistance2-  285.2,  Resistance1-  279.6,  Pivot Point  276.6,
Support1-  271,  Support2-  268

MARUTI SUZUKI INDIA
In today's trading session, the stock consolidates with positive biasness to show some correction after the sharp down trend. In upcoming session some more bearish trend can be expected after some more correction. It has next resistance level at 1130 and support level at 1097.
Resistance2-  1132.33,  Resistance1-  1106.67,  Pivot Point  1081.33,
Support1-  1055.67, Support2-  1030.33.

Stock Intraday Tips for Tomorrow
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Intraday Tips- Technical Report and Outlook for Thursday 25th August
 
POWER GRID CORPORATION
The stock has been facing strong support at 98 and it is now trading at 102.05, form this level either side of movement would be expected. In order to be in an upward trend it has to trade and consolidate above the resistance level of 105 else below support level of 98 it would be in a downward trend.
Resistance2-  104.27, Resistance1-  103.33,  Pivot Point  101.82,
Support1-  100.88,  Support2-  99.37

GRASIM
The stock showed an up movement during the trading hour and closed on positive note. The stock is now facing resistance at 2165 and has support at 2060. As the stock closed with positive biasness a further up move can be seen in the stock once it breaks its resistance level. One may go for buying the stock once it breaks its resistance level.
Resistance2-  2184.23,  Resistance1-  2158.62,  Pivot Point  2127.38,
Support1-  2101.77,  Support2-  2070.53

RANBAXY
After making a high of 486.20 it is continuously moving in a downtrend, in today's trading session it manages to hold above the support level of 460 and it is now trading at 469.45. It is looking bearish in the coming trading session if it manages to trade below the support level of 460 else above 487 it would be in an upward trend.
Resistance2-  488.67,  Resistance1-  480.33,  Pivot Point  471.17,
Support1-  462.83,  Support2-  453.67

TATA MOTORS
The stock consolidates with negative biasness, in today's trading session. In upcoming session some correction can be expected. It has next resistance level at 747 and support level at 715.One may go for the long position above its resistance level.
Resistance2-  750.75,  Resistance1-  722.95,  Pivot Point  709,
Support1-  681.2,  Support2-  667.25

MARUTI SUZUKI INDIA
In today's trading session, the stock breaches its support level and made a low of 1097.35. The stock was down by more than 3.77%.In upcoming session some more bearish trend can be expected after a little correction. It has next resistance level at 1157 and support level at 1097.
Resistance2-  1182.83,  Resistance1-  1149.42,  Pivot Point  1123.38,
Support1-  1089.97,  Support2-  1063.93