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Dr. Reddy Lab
The stock showed an up move during the trading hour and closed on positive note. The major trend presently in the stock is weak. The stock is now facing resistance at 1520 and has support at 1470. As the stock closed on positive note a further up movement can be seen in the stock once it breaks its resistance level.
R- 1520
S - 1470

INFOSYS had positive rally in beginning of today's trading session and later it came down, closed with moderate gain. The stock now has resistance level at 2550 and support level at 2435. It is expected to consolidate and remain range bound; short term correction may also be seen.
R - 2550
S - 2435

L&T today showed negative side movements and taken support from 1400 levels. The stock may face resistance from the level of 1450 and it has support level at 1400. In short term it is expected to consolidate and remain range bound, also technically it is looking weak below support level.
R - 1450
S - 1400

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