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Nifty For Tomorrow

Bajaj Auto
The stock consolidated in today's trading session. It's moving above its 10 days and 50 days moving average. 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 breaches 1545 in downside. It faces resistance at 1620.
SUPPORT RESISTANCE
1620 1545

HDFC BANK
HDFC Bank has sideways trend. The stock is looking weak and below the level of 2325 the stock may continue to trade in downtrend.
SUPPORT RESISTANCE
2425 2295

ICICI BANK
ICICI Bank is trading in bearish trend. The stock is looking weak and below the immediate support level of 1100 it may show some more correction in the coming time.
SUPPORT RESISTANCE
1150 1100

PNB Bank
PNB from the last few trading session moving in an uptrend in today's trading session it was down by 2.46 % and closed below the 10 days and 50 days moving averages. It is taking support at 1185 and resistance at 1332. It is looking bearish in the coming trading session it manages to trade below the support level of 1185 else above
1332 it would might be in an uptrend.
SUPPORT RESISTANCE
1332 1185

RELIANCE INDUSTRIES
It is taking resistance at 1040 and support at 1025.It is looking positive in the coming trading session one can go for long position in at 1040 else below 1025 it would might face more selling pressure.
SUPPORT RESISTANCE
1040 1025

SBIThe stock had a down rally in today's trading session. One could go for sale on higher levels until it crosses 3190 in upside. As it is expected to move till the levels of 2790- 2775 in coming trading sessions.
SUPPORT RESISTANCE
3190 2790

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