Grasim for Tomorrow
The stock is showing volatility in terms of price movement. It is currently trading in the sideways, where today it has moved with the negative biasness taking strong support at the level of 2303 and facing the same resistance at 2389. In the forth coming session it is predicted to breach its support level if it manages to trade with the negativity.
R - 2389
S - 2303
Tata Steel
The stock bounces back from the lower levels and closes with a gain of 1.75%. It has resistance level at 444 and support level at 423. Below the support level selling pressure can be expected in the stock, while above the resistance level it is looking strong.
R - 444
S - 4299
Reliance Infra
The stock has shown consolidated movement in today's trading session. It is now facing a resistance at 420 above which one could expect a short term recovery in stock. It now has a support at 398. One could go for a short position below the support level in the stock.
R- 420
S - 398
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