In today’s trading session, the stock moved downward and consolidated for long time. The stock is trading above its 10 and 50 period moving averages. It now has next resistance level at 1185 and support level at 1130. In upcoming session, it may show downward trend, if breaches its support level.

The stock showed volatile movement . As the stock closed on negative note a further downward movement can be seen in the stock in future once it breaks its support. One may go for selling the stock once it breaks its support level.

COAL INDIA is trading volatile in a wide range, today it closed with moderate loss. The stock faces resistance level at 352 and support level exists at 325. It is expected to remain volatile within the range. One should wait for proper breakout for entering in this stock as currently trading sideways.

INFOSYS today opened above its previous closing and had a down side movement, the stock closed with the loss of around 1%. It has resistance level at 2866 and support level at 2809. It is expected to show volatile movements in short term, below the support level stock is looking down.

Jaiprakash Associates

JAIPRAKASH ASSOCIATES showed down side movements and ended in negative note. The stock has resistance level at 85 and support level at 81. In short term it is expected to consolidate and remain range bound, it may also test its resistance level in short term. Technically above the resistance level it is looking strong on charts on charts.