Nifty Futures for Tomorrow
Axis Bank
The stock is currently consolidating with positive biasness. One can go for buying on dip strategy in the stock till it breaches the level of 1205 in downside as it is expected to move till the levels of 1280-1285 in coming trading sessions.
R - 1285
S - 1205
Bharti Airtel
The stock is currently consolidating with positive biasness. One can go for buying on dip strategy in the stock till it breaches the level of 1205 in downside as it is expected to move till the levels of 1280-1285 in coming trading sessions.
R - 292
S - 275
Gail India
The stock moved down during the trading hours after breaking its support at 446 and marked a low of 425. The major trend presently in the stock is sideways. The stock is now facing resistance at 443 which is the 50 day moving average of the stock and has support at 420. As the stock closed with negative biasness a further down movement can be seen in the stock once it breaks its support level. One may go for selling the stock once it breaks its support level.
R - 443
S - 420
Jindal Steel & Power
JINDAL STEEL AND POWER had volatile trading session and made intraday low of 610.80. The stock has resistance level at 639 and support level at 603. It is expected to consolidate with negative biasness and to test its support level in short term.
R - 639
S - 630
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