The stock was not able to sustain at its support level of 278 and moved down. The trend presently in the stock is weak and one can expect a further correction in the stock. The stock is facing resistance at 283 and has support at 266.Break of support may take the stock further down and one can go for selling the stock once

it breaks its support.

Resistance - 283

Support - 266

The trend presently in the stock is downtrend and the stock showed a further correction after breaking its support at 693 during the trading hours and ended on a negative note. The stock is now facing resistance at 706 and has support at 672. The stock is close to support and break of support may take the stock further down and one can go for selling the stock once it breaks its support.

Resistance - 706

Support - 672

Jindal Steel & Power found support at 617 which served as a strong support level; from this level further downside of movement would be expected. In today's trading session it manages to trade and close below the 10 days and 50 days moving averages. It has support at 617 below this level it would be in a bearish trend else above 627 it would be bullish in trend.

Resistance - 627

Support - 642

Maruti in today's trading session was moving in a downward trend and it manages to trade and close below the 10 days and 50 days moving averages; from this level further downside of movement would be expected. It is now trading at 1272.80.One can go for short position in it at 1230 below this level it might test the next support level of 1200.

Resistance - 1270

support - 1240