Showing posts with label Free intraday Calls. Show all posts
Showing posts with label Free intraday Calls. Show all posts
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JAIPRAKASH ASSOCIATES
JP ASSOCIATES showed positive movements in today's trading session and made an intraday high of 84.65. The stock has resistance level at 85 and support level at 79. In short term it is expected to consolidate with positive biasness and to test its resistance level.
Resistance2-  87.17,  Resistance1-  85.68,  Pivot Point  83.17,
Support1-  81.68,  Support2-  79.17
CIPLA
The stock is currently moving in an up rally after crossing its resistance level. One could still hold the long positions in the stock as it is expected to move till the levels of 341-345 in coming trading sessions.
Resistance2-  348.63,  Resistance1-  344.27,  Pivot Point  337.43,
Support1-  333.07,  Support2-  326.23
NTPC
NTPC showed positive movements in today's trading session and made an intraday high of 181.30. The stock now has support level at 175 and resistance level at 183. In short term it is expected to consolidate with positive biasness.
Resistance2-  184.7,  Resistance1-  182.35,  Pivot Point  178.95, 
Support1-  176.6,  Support2-  173.2
SESA GOA
After making a high of 290.30 it is moving in a downward trend. It is now taking support at 278 and resistance at 289. It is now trading at 281.55, form this level further downside of movement would be expected. One can go for short position in it at 278 for the target of 270.
Resistance2-  286.95,  Resistance1-  284.25,  Pivot Point  282.25, 
Support1-  279.55,  Support2-  277.55
HINDALCO
The stock moved down during the trading hours continuing its major downtrend. The trend presently in the stock is weak. The stock is now facing resistance at 185 which is the 50 day moving average of the stock and has support at 176.One may go for selling the stock once it breaks its support level.
Resistance2-  185.58,  Resistance1-  182.97,  Pivot Point-  181.23
Support1-  178.62,  Support2-  176.88

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NTPC
NTPC showed positive biasness today and made an intraday high of 176.25. The stock has support level at 172 and resistance level at 178. In short term it is expected to consolidate with positive biasness. Technically above the resistance level it is looking strong.
Resistance2-  178.1, Resistance1-  176.7,  Pivot Point  174.85,
Support1-  173.45,  Support2-  171.6
AXIS
The stock has tried to take resistance at higher levels and is now facing a correction phase. It has next support at 1205; breach of this level will take the stock further downwards.
Resistance2-  1246.15,  Resistance1-  1237.45,  Pivot Point  1227.3,
Support1-  1218.6,  Support2-  1208.45
LARSEN AND TOUBRO
L&T consolidated with negative biasness in today's trading session also and made intraday low of 1693.55. The stock has resistance level at 1768 and support level at 1680. In short term it is expected to consolidate and remain range bound.
Resistance2-  1727.87,  Resistance1-  1715.28,  Pivot Point  1704.42,
Support1-  1691.83,  Support2-  1680.97
JAIPRAKASH ASSOCIATES
JP ASSOCIATES traded in tight range today and closed almost flat. The stock has resistance level at 86 and support level at 81. In short term it is expected to consolidate and remain range bound.
Resistance2-  86.03,  Resistance1-  84.97,  Pivot Point  83.83,
Support1-  82.77,  Support2-  81.63
AMBUJA CEMENT
The stock is currently moving in bullish trend. One could hold the long positions in the stock as it is expected to continue its bullish trend and may move till the levels of 147-150 in coming trading sessions.
Resistance2-  145.47,  Resistance1-  143.13,  Pivot Point  141.22,
Support1-  138.88,  Support2-  136.97

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RELIANCE COMMUNICATION
After making a high of 79.40 this stock is moving in an upward trend and made a high of 95. It is now taking support at 88 and resistance at 95. It is looking bullish in the coming trading session if it manages to trade the resistance level of 95 else below 88 it might face more selling pressure.
Resistance2-  98.72, Resistance1-  96.33,  Pivot Point  92.72,
Support1-  90.33,  Support2-  86.72
NTPC
NTPC is in negative trend, today it showed sideways movements and closed almost flat. The stock has support level at 165 and resistance level at 173. In short term it is expected to consolidate with negative biasness and to test its support level.
Resistance2-  179.25,  Resistance1-  177.15,  Pivot Point  173.35, 
Support1-  171.25,  Support2-  167.45
AMBUJA CEMENT
The stock is consolidating and tried to take support at lower levels and is now moving in an up rally. Its next resistance is at 140, crossing of which may take the stock further up.
Resistance2-  147.27,  Resistance1-  145.23,  Pivot Point  141.87,
Support1-  139.83,  Support2-  136.47
TATA MOTORS
The stock is currently consolidating. It now has support at 1055, breach of this level may continue its bearish trend else It may also bounce back from lower support levels.
Resistance2-  1105.57,  Resistance1-  1092.73,  Pivot Point  1084.17,
Support1-  1071.33,  Support2-  1062.77
DLF
The stock is moving in an up rally from last a few trading sessions. One should wait for sometime in the stock as it is expected to consolidate a bit after a sharp a continuous up rally.
Resistance2-  244.22,  Resistance1-  240.58,  Pivot Point  236.92,
Support1-  233.28,  Support2-  229.62

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JAIPRAKASH ASSOCIATES
JP ASSOCIATES as discussed earlier was strong above the level of 84, crossed the resistance level today and made an intraday high of 86.75. The stock now has resistance level at 89 and support level at 82. In short term it may take some correction and remain range bound, after upside movement of today's session.
Resistance2-  89.4,  Resistance1-  87.95,  Pivot Point  85.3, 
Support1-  83.85,  Support2-  81.2
HDFC BANK
A continuous up rally was seen in the stock during the trading hour and the stock marked a high of 2406 after breaking its resistance at 2330. A further up movement can be seen in the stock once it breaks its resistance level. The stock is presently facing resistance at 2425 and has support at 2354. One may go for buying the stock once it breaks its resistance.
Resistance2-  2460.63,  Resistance1-  2418.87,  Pivot Point  2366.93,
Support1-  2325.17,  Support2-  2273.23
DLF
The stock had an up rally in today's trading session. One should wait for sometime in the stock as it is expected to consolidate a bit after a sharp a continuous up rally.
Resistance2-  246.03,  Resistance1-  242.82,  Pivot Point  236.48,
Support1-  233.27,  Support2-  226.93
AMBUJA CEMENT
The stock is consolidating and tried to take support at lower levels and is now moving in an up rally. Its next resistance is at 140, crossing of which may take the stock further up.
Resistance2-  144.17,  Resistance1-  141.58,  Pivot Point  136.92,
Support1-  134.33,  Support2-  129.67
CIPLA
The stock had a correction phase today after a sharp increase previously. It has next support at 317; breach of this level may bring some more correction in the stock.
Resistance2-  338.6,  Resistance1-  331.8,  Pivot Point  328.1,
Support1-  321.3, Support2-  317.6

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RANBAXY
Ranbaxy from the last few trading session moving in an upward trend and in today's trading session it manages
to trade and close above the 10 days and 50 days moving averages. It is now trading at 536.60 from this level further upside of movement would be expected. One can go for long position in it at 542 for the target of 560.
Resistance2-  557.82,  Resistance1-  546.83,  Pivot Point  530.42,
Support1-  519.43,  Support2-  503.02
CIPLA
CIPLA showed upside movement in today's trading session and made an intraday high of 331. Now the stock has resistance level at 333 and support level at 321. It is expected to show positive biasness and to test its resistance level in short term.
Resistance2-  338.98,  Resistance1-  334.97,  Pivot Point  326.98,
Support1-  322.97,  Support2-  314.98
SUN PHARMA
Sun Pharma is looking strong on chart; it is now taking support at 457 and resistance at 467. It is looking bullish in the coming trading session if it manages to trade above the resistance of 467 else below 457 it would be in a downward trend.
Resistance2-  479.32,  Resistance1-  472.53,  Pivot Point  460.27,
Support1-  453.48,  Support2-  441.22
MAHINDRA & MAHINDRA
M&M shown steep down rally, and closed with the loss of 5.95%. The stock has support level at 655 and resistance level at 695. In short term it is expected to remain volatile.
Resistance2-  731.62,  Resistance1-  697.58,  Pivot Point  678.42,
Support1-  644.38,  Support2-  625.22
HINDALCO
The stock showed a continuous down movement during the trading hours. The stock is now facing resistance at 200 and has support at 190 which is also the 50 day moving average of the stock. Break of support may take the stock further down. One may go for selling the stock once it breaks its support.
Resistance2-  202.33,  Resistance1-  197.47,  Pivot Ppoint  194.63,
Support1-  189.77,  Support2-  186.93

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Today (Friday- 27 may, 11') CNX Bank Index gained 254.35 points or 2.43 %. Amongst the banking stocks Allahabad Bank, Vijaya Bank and Central Bank of India lead the row.
Bank Nifty Futures closed at 10638.55 with the gain of 254.80 points or 2.45 %. It is looking bullish for the coming trading sessions if it manages to trade above the resistance level of 10682 else below support level of 10430 it would be in a downward trend.
It has resistance close to the level of 10682 above this level the next resistance near to the level of 10750. It has support close to the level of 10430 & below this level the next support near 10330 marks.

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ONGC 
ONGC battered down to the level of 261.40 and it is now trading at 274.45, in today's trading session it manages to trade and closes above the 10 days and 50 days moving averages. It is now looking strong on charts. One can go for long position in it at 285 for the target of 300.
Resistance2-  285.08,  Resistance1-  279.77,  Pivot Point  271.03,
Support1-  265.72,  Support2-  256.98
HERO HONDA
The stock had a sharp upward movement during the trading hours. The stock broke its resistance at 1840 and marked a high of 1949. The stock is highly bullish and a further up movement can be seen in the stock once it breaks its resistance level. The resistance for the stock is 1950.
Resistance2-  2028, Resistance1-  1956,  Pivot Point  1877, 
Support1-  1805,  Support2-  1726
DLF
The stock had an up rally in today's trading session. One should wait for sometime in the stock as its is expected to consolidate a bit after a sharp fall previously.
Resistance2-  225.6,  Resistance1-  221.55,  Pivot Point  215.35,
Support1-  211.3,  Support2-  205.1
ITC
As said earlier, ITC is in sideways trend and today also it traded in tight range. The stock has resistance level at 192 and support level at 182. As said earlier, it is in sideways trend from last many sessions and expected to remain range bound in short term.
Resistance2-  190.33,  Resistance1-  188.67,  Pivot Point  187.33,
Support1-  185.67,  Support2-  184.33
BHARTI AIRTEL
The stock is currently consolidating; it has support at 363, breach of this level may take the stock further down while it has resistance at 376.50, crossing of this level may take the stock upward. One has to wait for crossing of levels on either side.
Resistance2-  377.5,  Resistance1-  372.4,  Pivot Point  368.6,
Support1-  363.5,  Support2-  359.7

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AMBUJA CEMENT
The stock is consolidating and tried to take support at lower levels and had an up rally in today's trading session. One could go for sell on rise strategy in the stock until it crosses the level of 137 in upside.
Resistance2-  141.13,  Resistance1-  138.77,  Pivot Point  134.63
Support1-  132.27,  Support2-  128.13
ITC
ITC showed negative side movement today but remained range bound. The stock has resistance level at 192 and support level at 182. It is in sideways trend from last many sessions and expected to remain range bound in short term.
Resistance2-  192.63,  Resistance1-  189.67,  Pivot Point  187.93,
Support1-  184.97,  Support2-  183.23
KOTAK MAHINDRA BANK
KOTAK MAHINDRA BANK had sideways movements in today's trading session and later it showed little recovery. The stock has support level at 402 and resistance level at 421. It is expected to remain sideways in short term, also if it continues to sustain above the support level a bounce back can be seen in it.
Resistance2-  422.7,  Resistance1-  419.4,  Pivot Point  413.7, 
Support1-  410.4,  Support2-  404.7
DLF
The stock has successfully resisted at higher levels and had a downward trend, its major support is at 214.50, and breach of this level may continue its bearish trend.
Resistance2-  230.7,  Resistance1-  224.6,  Pivot Point  219.9, 
Support1-  213.8,  Support2-  209.1
IDFC
IDFC remained sideways in today's trading session and traded in tight range. Now the stock has resistance level at 134 and support level at 129. In short term it is expected to consolidate with positive biasness.
Resistance2-  134.23,  Resistance1-  133.37,  Pivot Point  131.88,
Support1-  131.02,  Support2-  129.53

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Benchmarks ended choppy session on a positive due to lack of buying conviction amongst investors in absence of any trigger to drive the market. Losses in FMCG, realty and metals were offset by gains in capital goods, banks and pharmaceutical stocks. The S&P CNX Nifty ended at 5394.85, up 8.30 points or 0.15 %.
The Nifty futures closed and settled finally at 5387.85, up by 4.40 points or 0.08 %. It is looking bearish in the coming trading session if it manages to trade support level of 5350 else above resistance level of 5440 it would be in an upward trend.
It has resistance close to the level of 5440 & above this level the next resistance near the 5540 mark. It has support close to the level of 5350 & below this level the next support near 5230 mark.

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TCS has strong recovery in the late trade and closed on
stronger notes. So above the resistance level of 1150
the stock may show some more upside trend in the
coming time.

Buy TCS above 1141
Target 1- 1155
Target 2- 1171

Stop Loss- 1128



Wipro has continued to trade with the positive trend.
The stock has closing near the day's high and above
the resistance level of 455 some more positive trend
may be seen in it.


Buy Wipro above 452
Target 1- 456
Target 2- 460

Stop Loss- 445