The stock has shown upward movement during the trading hours. The stock is now facing a resistance at 385 and has support at 369. If it sustains at this level for a while a short term recovery is expected. One should avoid entering till the stock confirms its recovery at this level.

COAL INDIA is gradually showing an upside movement with some consolidation facing resistance at the level of 307. In the upcoming session one may wait to enter into a buying position until it crosses its resistance level, above which it is likely to show an upside movement.

The stock is now trading with the major sideways trend showing volatility in terms of price fluctuation. It is having strong support at the levels of 2075 and facing resistance at 2115 with the crossing of which the stock may show an upside movement.

ITC had sideways movements in today’s trading session and it closed on negative note. The stock has support level at 188.50 and resistance level at 197. One should now wait for sometime in the stock as it is expected to recover a bit after continuous down rally.