The stock is moving in a sideways trend currently. It faces resistance at 1032, if it manages to cross this level one may expect some more upward movement till the levels of 1045-50 while it faces support at 968; if it manages to cross this level one may expect the stock to move till the levels of 945-940 in near run.

SUPPORT - 1032

RESISTANCE - 968

The stock moved in a down rally in today's trading session. It now faces support at 1513, breaching of this level may bring some more southward movement in the stock else it may also bounce back from lower support levels.

SUPPORT RESISTANCE

1610 1513

TCS is in correction phase. The stock is trading with weak sentiments and below the level of 1060 it may show some more correction in the coming time.

RESISTANCE - 1100

SUPPORT- 1060

Wipro is trading in the sideways trend with the positive bias. So a decisive breakout above the resistance level may show upside in the coming time.

SUPPORT RESISTANCE

445 415

The stock is consolidating since May. It has support at 297. Hold with a stop loss of 295 below which the stock might tank to 250 levels.The iron ore prices are likely to rise and the earning per share from the stock is expected to be Rs. 45. If the Cairn deal does not go through, it will be a positive for the stock.

The short term and medium term charts are negative. The stock has lost 33 per cent over the last week. It has broken the support level of 50 and the new support is now at 35.Infrastructure stocks have not performed in the market rally. The sector is also likely to be adversely affected because of the liquidity crunch. The Lavasa project has run into controversy. However, the stock is trading at fair value and there is much downside from here.