The stock consolidated in today's trading session. Now breaching of next support level 345.50 will bring some more downward movement in the stock while it faces resistance at 370, crossing of this level may take the stock upwards.

Resisatnce - 370

Support - 345.50

The stock moved down during the earlier trading hours and then shown a recovery during the later trading session. The stock is facing resistance at 2325 and has support at 2220. Break of resistance may take the stock further up. One can go for buying the stock once it breaks its resistance.

Resistance - 2325

Support - 2220

Kotak Mahindra Bank from the last few trading session was moving in a downward trend, in today's trading session a negative opening made it to trade below the 10 days and 50 days moving averages, it is looking weak on charts from this level further downside of movement would be expected. One can go for short position in it at 415 for the target of 390.

Resistance - 436

Support - 415

Ranbaxy battered down to 429.65; from this level it made a smart recovery and made a high of 479.65. It is now trading at 479.65 from this level further upside of movement would be expected. It is looking strong on charts. One can go for long position in it at 480 for the target of 495.

Resistance - 480

Support - 450