Bharti Airtel
The stock remained range bound this week. As mentioned previously it has taken support at lower levels and ended on a positive note. The stock is now facing a resistance at 411 and has support at 388. If it sustains at this level for a while a short term recovery is expected else breaching of this level may take
stock further down.
R - 411
S - 388

Cipla
The stock showed an up rally this week and ended up on a positive note. It now has a support at 305 and is facing a resistance at 324. If it sustains at this level then further upward movement could be expected in the stock else it could also reverse back taking resistance at higher levels. One should wait for some
time in stock till it consolidates for a while.
R - 324
S - 305

HDFC Bank
HDFC Bank is looking volatile on charts in terms of price fluctuation from the past many trading sessions. Throughout the week it has shown a steep fall having support at the lower levels of 448. It is facing strong resistance at the level of 498. In the forthcoming sessions it is expected to show the same
volatility in prices trading range bound in the long term.
R - 498
S - 448

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