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Nifty Futures Stocks
Gail India
The stock moved down and was consolidating during the trading hours. The stock is now facing resistance at 440 and has support at 418.Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.
Resistance - 440
Support - 418

Jindal Steel & Power
JINDAL STEEL AND POWER had taken little recovery in today's session. The stock has resistance level at 635 and support level at 618. It is expected to remain volatile in short term, also above the resistance level positive movements can be seen in the stock.
Resistance - 646
Support - 620

ONGC
ONGC battered down to the level of 263.10 and it is now trading at 265.65, it is now trading and closes below the 10 days and 50 days moving averages. It is now looking weak on charts. One can go for short position in it at 263 for the target of 245.
Resistance - 272
Support - 263

Punjab National Bank
After making a low of 1007.50 it is continuously moving in an upward trend and it and made a high of 1057.90. It has resistance at 1062 and support at 1034. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 1062 else below 1034 it would be in a downward trend.
Resistance - 1062
Support - 1064

Relaince Industries
It is taking resistance at 927 and support at 900. It is looking strong on charts from this level further upside of movement would be expected, one can go for long position in at 927 above this level it would be in an upward trend else below 900 it would be in a downward trend.
Resistance- 927
support - 900

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