Axis Bank
The stock has shown down rally during the trading hours after gap up opening. It now has resistance at 1004 crossing of which may take stock further upwards. One should wait for sometime in stock till it crosses either side levels, as it may remain volatile in this range.
R - 1003
S - 960
DLF
The stock has shown consolidated movement during the trading hours. It is now facing a resistance at 224 and has support at 211. The stock is looking week on charts and is expected to show some downward movement if fails to sustain at current level. One should avoid entering in stock at current level until it consolidates at either side levels.
R - 224
S - 211
HDFC Bank
Currently the stock is moving with the upside movement where today it has shown some correction after resisting at the levels of 470. It is presently having support at the levels of 449. One may wait for some time as it is expected to show some more correction in the upcoming session.
R - 470
S - 450
Kotak Mahindra Bank
Stock has opened gap up but closes on moderate gain, after an gap up opening stock had a downward rally. One may go for short position if stock is able to cross it is support level. Below the support level stock is looking weak.
R - 489
S - 473
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