ACC showed continually downward movement during the week and closed with positive note, making weekly high of 1405. The stock may face resistance from the level of 1421 and it has support level at 1323. It is expected to show upward movement in upcoming session.

AXIS BANK showed negative movements last week and manage to cross it is major support level at 1102.The stock has support level at 1093 and resistance level at 1245. It is expected consolidate and remain range bound in short term. Also it may test its support level.

BPCL showed continully consolidation in this week. The stock may face resistance from the level of 713 and it has support level at 661. In short term it is expected to consolidate and remain range bound, also crossing of resistance level may take the stock at higher levels.

RANBAXY crossed its resistance level today, and exhibited upside move last week. It made weekly high of 474 and closed with the gain of around 12.90%. The stock now faces resistance level at 480 and support level exists at 420. It is expected to show some correction in short term. Also if it holds at current levels then crossing of resistance level upside may continue in it.

The shows both side movement during the week and closses on positive note. It now faces resistance level at 2172 and support level at 2079. The stock is expected to be volatile in near future and can show either side movement. One should wait before taking any position in the stock.

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