Nifty - 50 Tomorrow
AXIS Bank
The stock moved with positive biasness in today's trading session. As we have already mentioned about the stock that one could go for buying on dip strategy in it until it crosses 1310 in downside as it is expected to move upwards till the levels of 1475-1500 in near run.
SUPPORT - 1431
RESISTANCE - 1310
BAJAJ AUTO
The stock is currently facing correction phase. It overall holds the bullish trend. It is expected to take an up rally after a short term correction. So buying on dip
strategy would be suggested for the stock until it crosses 1545 in downside. It faces resistance at 1620.
SUPPORT RESISTANCE
1620 1545
BHEL
The stock is currently facing consolidation phase. If it sustains above the level of 2290, one may expect northward movement in it else it faces support at 2140, crossing of which may bring some more selling pressure in the stock.
SUPPORT RESISTANCE
2225 2000
HERO HONDA
Hero Honda showing correction after made a high of 2062. The stock has continued to trade in bearish mode and broke the support level of 1775. So below this if the stock prices sustain then some more downside may be seen in it.
SUPPORT RESISTANCE
1890 1775
RANBAXY
In today's trading session it manages to trade above the 10 days and 50 days moving averages but it was moving in a downward trend. In order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. It is taking support at 577 below this level it would be in a bearish trend else above resistance at 590 it would be bullish in trend.
SUPPORT RESISTANCE
590 577
Check Our Stock Tips Page for Stock F&O Tips, Nifty Future tips, Nifty Trend Stock Option Tips, Stock Future tips.
Or Click Here for Stock Tips
