The stock moved with negative biasness throughout this week, its next support is at 123 breach of this level will take the stock further downwards. One could go for sell on rise strategy in the stock as it is expected to test the support level once.

R - 132.50

S - 123

The stock is consolidating after a bearish trend previously. The stock now faces resistance at 337; crossing of this level will take the stock further upwards while it has support at 320, breach of this level may take the stock further downwards.

R - 337

S - 320

The stock moved down during the trading hour and closed on a negative note. The stock is now facing resistance at 505 and has support at 488. As the stock closed on negative note 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 - 505

S - 488