Nifty 50 - Review
ABB - TECHNICAL PICTURE
As we have mentioned in our earlier reports that if the stock crosses the resistence level of 885, one may expect the level of 910-915, it today reached to this level and made a high of 922.75.
RESISTANCE - 945
SUPPORT - 845
AMBUJA CEMENT - TECHNICAL PICTURE
For this stock we have already mentioned in our previous reports that it holds bullish trend and is expected to move till the levels of 155-160 in near term. so one could go for holding the longs in this stock .
RESISTANCE -152
SUPPORT - 135
BHEL - TECHNICAL PICTURE
We have already recommended sell on rise strategy in this stock. the stock is looking nice for short side. it faces support at 2420 crossing of this level may take down the stock till the levels of 2390-2380 .
RESISTANCE -2525
SUPPORT - 2421
AXIS BANK - TECHNICAL PICTURE
We have already said that one could go for cautious buying on dip strategy in this stock until it closes below 1450.as the stock holds the bullish trend.