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Nifty for Tomorrow

Ambuja Cement
The stock is consolidating from last many trading sessions. It now faces resistance at 145; crossing of this level may take the stock further up till the levels of 148-150 in near run. One could adopt buy on dip strategy in this stock.
SUPPORT RESISTANCE
145 127

BHARTI AIRTEL
The stock has tried to take support at lower levels and was moving in an up rally last week. It today faced some profit booking after a continuous up rally. One could go for buy on dip strategy in this stock until it breaches level of 320 in downside as it is expected to move till the levels of 348-350 in near run.
SUPPORT RESISTANCE
355 320

HDFC Bank
HDFC Bank has bearish trend. The stock has sideways trend and managed to sustain above the support level of 2145. So this will be crucial support level moving forward in the coming time. The stock may show some more correction below the support level.
SUPPORT RESISTANCE
2230 2145

Reliance Capital
Reliance Capital from the last few trading session moving sideways and it was down by 1.13 %. It is now taking resistance at 654 and support at 615 from this level either side of movement would be expected. It is looking bearish in the coming trading session if it manages to trade and consolidate below the support level of 615 else it has resistance at 685 above this level it would be in an uptrend.
SUPPORT RESISTANCE
654 615

Tata Steel
Tata steel has bullish trend. The stock is now trading in sideways trend and above the resistance level of 685 it may further continue the uptrend to the level of 700 in the short run.
SUPPORT RESISTANCE
685 660

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