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Showing posts with label nifty - 50 trend. Show all posts
Showing posts with label nifty - 50 trend. Show all posts
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Stocks For Tomorrow

Tata Motor Strategy for Tomorrow
Shares of the automobile company declined Rs 32.9, or 2.53%, to settle at Rs 1,267.70. It touched a high of Rs 502.70 and a low of Rs 453.15. Shares of the company declined following its weakness of its ADR, or American depository receipt on the New York Stock Exchange. The shares of the company declined 2.49% to USD 29.40 on the New York Stock Exchange on Monday, Dec 27, 2010. It touched a high of Rs 1,306.90 and a low of Rs 1,262.05. If that has been broken, then the next logical target would be 1,210. Hence on the downside, the target support for stock is 1,250-1,210. However, 1,300 stiff resistance only above 1,300, the counter would see momentum.
SUPPORT RESISTANCE
1307 1253

Reliance Capital Strategy For Tomorrow
Reliance Capital from the last few trading session moving sideways and it was up by 0.47 %. It is now taking resistance at 673 and support at 625. In order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. It is looking bullish in the coming trading session if it manages to trade and consolidate above the resistance level of 673 else it has support at the level of 625 below this level it would be in a bearish trend.
SUPPORT RESISTANCE
673 625

Reliance Industries
It is taking resistance at 1033 and support at 1033.It is looking positive in the coming trading session one can go for long position in at 1075 else below 1033 it would might face more selling pressure.
SUPPORT RESISTANCE
1075 1033

Sun Pharma
Sun Pharma after making a low of 423 it is continuously moving in an uptrend it is now trading near to the new 52 week high. It is now taking resistance at 485 and support at 466. It is looking positive in the coming trading session if it manages to trade above the resistance level of 485 else below 466 it would be in a bearish trend.
SUPPORT RESISTANCE
485 460

Hindalco
Hindalco has bullish trend. The stock is consolidating at the higher level and above the resistance level it may continues to trade in uptrend in the coming time. SUPPORT RESISTANCE
242 232

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Nifty For Tomorrow

Jindal Steel & Power
It is taking support at the level of 675, from the last few trading session it was moving sideways in today's trading session it was up by 0.54 %.It is looking bullish in the coming trading session, one can go for long position in it at 715 else it has support at 675 below this Level it would might face more selling pressure.
SUPPORT RESISTANCE
715 675

MAHINDRA & MAHINDRA
M&M from the last few trading session moving in an uptrend in today's trading session it was moving sideways from this level either side of movement would be expected. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 765 else below support level of 743 it would might face more selling pressure.
SUPPORT RESISTANCE
771 743

ICICI Bank
ICICI Bank is in consolidation state. The stock is trading with the positive sentiments and above the immediate
resistance level of 1150 it may show some more upside in the coming time.
SUPPORT RESISTANCE
1150 1100

ITC
ITC from the last few trading session moving in adownward trend in today's trading session it was moving sideways and traded below the 10 days and 50 days moving averages. It is now taking resistance at 169 and support at 160. It is looking positive in the coming trading session if it manages to trade and consolidate above the resistance level of 170 else below 164 it would might face more selling pressure.
SUPPORT RESISTANCE
170 164

RELIANCE INFRA
Reliance Infra from the last few trading session it was moving in a downward trend in today's trading session it was down by 0.55 %. It is looking bearish in the coming trading session one can go for short position it at 769 below this level it would might be in a downward trend else it has resistance at 821 above this level it would be in an uptrend.
SUPPORT RESISTANCE
821 769

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Nifty for Tomorrow

Ambuja Cement
The stock is consolidating from last many trading sessions. It now faces resistance at 145; crossing of this level may take the stock further up till the levels of 148-150 in near run. One could adopt buy on dip strategy in this stock.
SUPPORT RESISTANCE
145 127

BHARTI AIRTEL
The stock has tried to take support at lower levels and was moving in an up rally last week. It today faced some profit booking after a continuous up rally. One could go for buy on dip strategy in this stock until it breaches level of 320 in downside as it is expected to move till the levels of 348-350 in near run.
SUPPORT RESISTANCE
355 320

HDFC Bank
HDFC Bank has bearish trend. The stock has sideways trend and managed to sustain above the support level of 2145. So this will be crucial support level moving forward in the coming time. The stock may show some more correction below the support level.
SUPPORT RESISTANCE
2230 2145

Reliance Capital
Reliance Capital from the last few trading session moving sideways and it was down by 1.13 %. It is now taking resistance at 654 and support at 615 from this level either side of movement would be expected. It is looking bearish in the coming trading session if it manages to trade and consolidate below the support level of 615 else it has resistance at 685 above this level it would be in an uptrend.
SUPPORT RESISTANCE
654 615

Tata Steel
Tata steel has bullish trend. The stock is now trading in sideways trend and above the resistance level of 685 it may further continue the uptrend to the level of 700 in the short run.
SUPPORT RESISTANCE
685 660

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Stock For Tomorrow

Ambuja Cement
The stock is consolidating from last many trading sessions. It now faces resistance at 145; crossing of this level may take the stock further up till the levels of 148-150 in near run. One could adopt buy on dip strategy in this stock.
SUPPORT RESISTANCE
145 127

Bharti Airtel
The stock has tried to take support at lower levels and was moving in an up rally last week. It today faced some profit booking after a continuous up rally. One could go for buy on dip strategy in this stock until it breaches level of 320 in downside.
SUPPORT RESISTANCE
355 320

Gail
GAIL India has bullish trend. The stock is now trading in sideways trend and not lucrative in the short term, so wait for proper breakout in it.
SUPPORT RESISTANCE
515 495

Hero Honda
Hero Honda after an explosive rally it is now consolidating at the higher level. The stock is looking bullish and a decisive breakout above the level of 2000 may continue the uptrend in the coming time.
SUPPORT RESISTANCE
2000 1910

Jiaprakash Associates
Jaiprakash Associates form the last few trading session was moving sideways. In today's trading session it was up by 0.58 % and closed below 50 days moving averages. It has resistance at 109 and support at 98. One can take a long position in it, above 109 it would be in an uptrend.
SUPPORT RESISTANCE
109 98

Ranbaxy
Ranbaxy was moving in an uptrend trend and closed above the 10 days and 50 days moving averages. It is now taking support at 536 and resistance at 574. In order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. It is looking bullish in the coming trading session one can go for long position in it at 574 else it has support at 536 below this level it would be in a downward trend.
SUPPORT RESISTANCE
574 536

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Nifty Stocks for Tomorrow

TataMotor
Tata motors has rallies from the support level of 1210. The stock is looking good and sustaining above the support level of 1290. So it may show some more upside movements in the coming time.
SUPPORT - 1345
RESISTANCE - 1290

Suzlon
Suzlon has taken support at 46 and starts moving in uptrend. The stock has strong closing in the today's session and if sustains above the resistance level of 51 then it may show some more upside in the coming time.
SUPPORT - 50
RESISTANCE -47

Reliance Industries
It is taking resistance at 1060 and support at 1040.It is looking positive in the coming trading session one can go for long position in at 1060 else below 1040 it would might face more selling pressure.
SUPPORT -1088
RESISTANCE - 1003

ONGC
It is in today's trading session it was moving in an uptrend and it was down by 0.46 %. It has resistance at 1363 and support at 1295. It is looking positive in the coming trading session if it manages to trade above the resistance level of 1363 else it has support at 1295 below this level it would might face more selling pressure.
SUPPORT - 1363
RESISTANCE - 1295

Dlf
The stock faced profit booking and moved with negative sentiments after gaining in yesterday's trading session. One could go for buy on dips strategy until it breaches the level of 270 in down side.
SUPPORT - 325
RESISTANCE - 270

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Nifty For Tomorrow

ACC
The stock is moving in a sideways trend currently. It faces resistance at 1032, if it manages to cross this level one may expect some more upward movement till the levels of 1045-50 while it faces support at 968; if it manages to cross this level one may expect the stock to move till the levels of 945-940 in near run.
SUPPORT - 1032
RESISTANCE - 968


BAJAJ AUTO
The stock moved in a down rally in today's trading session. It now faces support at 1513, breaching of this level may bring some more southward movement in the stock else it may also bounce back from lower support levels.
SUPPORT RESISTANCE
1610 1513

TCS
TCS is in correction phase. The stock is trading with weak sentiments and below the level of 1060 it may show some more correction in the coming time.
RESISTANCE - 1100
SUPPORT- 1060

WIPRO

Wipro is trading in the sideways trend with the positive bias. So a decisive breakout above the resistance level may show upside in the coming time.
SUPPORT RESISTANCE
445 415

Other Stock
Sesa Goa - Hold
The stock is consolidating since May. It has support at 297. Hold with a stop loss of 295 below which the stock might tank to 250 levels.The iron ore prices are likely to rise and the earning per share from the stock is expected to be Rs. 45. If the Cairn deal does not go through, it will be a positive for the stock.

Hindustan Construction Company Ltd - Sell
The short term and medium term charts are negative. The stock has lost 33 per cent over the last week. It has broken the support level of 50 and the new support is now at 35.Infrastructure stocks have not performed in the market rally. The sector is also likely to be adversely affected because of the liquidity crunch. The Lavasa project has run into controversy. However, the stock is trading at fair value and there is much downside from here.

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Nifty Futures for Tomorrow

AMBHUJA CEMENT
The stock is moving in a tight range from last few trading sessions. It faces resistance at 143, crossing of this level may bring some up rally in it while it faces support at 133, crossing of this level may move down the stock. One has to wait for crossing of levels on either side.
SUPPORT RESISTANCE
148 133

BHARTI AIRTEL
The stock is facing consolidation phase currently after showing an up rally in previous week. It now faces resistance at 370; crossing of this level may take the stock further upwards. So one can go for buying on dip strategy in the stock until it breaches its major support of 340 in downside.
SUPPORT RESISTANCE
370 340

HINDALCO
Hindalco has bounced back from the support level of 192. The stock is now trading in the sideways trend with the positive bias. So above the resistance level it may further continue the uptrend in the coming time.
SUPPORT RESISTANCE
229 218

ICICI BANK
ICICI Bank is trading in bearish trend. The stock is now trading in sideways trend and has weak closing so below the immediate support level it may show some more correction in the coming time.
SUPPORT RESISTANCE
1125 1080

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Nifty - 50 Stock For Tomorrow
Tata motors
Tata motors has bullish trend. The stock made a new 52 weeks high in the today's session and closed above the resistance level of 1350. So it may continue the uptrend in the coming time.
SUPPORT RESISTANCE
1375 1320

TATA STEEL
Tata steel has bounced back from the support level of 575. The stock is looking bullish and has strong closing so above the immediate resistance level of 640 it may continue to trade in bullish trend.
SUPPORT RESISTANCE
640 620

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POWER GRID CORP
After making a low of 91.80 it is continuously moving in an uptrend. In today's trading session it manages to trade above 50 days moving averages from this level either side of movement would be expected. It is looking positive in the coming trading session one can go for long position in it at 100 else it had support at 98 below this level it would might face more selling pressure.
SUPPORT RESISTANCE
100 98

Hero Honda
Shares of the two-wheeler motorcycle company plunged Rs 58.6, or 3.2%, to settle at Rs 1,773.85. The total volume of shares traded was 112,287 at the BSE (Monday).It touched a high of Rs 1,810 and a low of Rs 1,745. On technical charts it can move down around 1600-1650 levels and hence we recommend investors to avoid the counter in the near term.Hero Honda is trading in bearish trend. The stock has closing below the support level of 1775. So the stock may show some more downside in the coming time.
SUPPORT RESISTANCE
1840 1750

Hindalco Industries
The committee of Hindalco Industries in its meeting on 06 December 2010 has passed the resolution for allotment of 7,11,372 equity shares of Re. 1 each fully paid up for entitlement of rights shares kept in abeyance due to court  matters.Hindalco has bounced back from the support level of 192. The stock has bullish trend and above the immediate resistance level of 225 the stock may continue to trade in uptrend.
SUPPORT RESISTANCE
225 212

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Nifty - 50 Tomorrow

AXIS Bank
The stock moved with positive biasness in today's trading session. As we have already mentioned about the stock that one could go for buying on dip strategy in it until it crosses 1310 in downside as it is expected to move upwards till the levels of 1475-1500 in near run.
SUPPORT - 1431
RESISTANCE - 1310

BAJAJ AUTO
The stock is currently facing correction phase. It overall holds the bullish trend. It is expected to take an up rally after a short term correction. So buying on dip
 strategy would be suggested for the stock until it crosses 1545 in downside. It faces resistance at 1620.
SUPPORT RESISTANCE
1620 1545

BHEL
The stock is currently facing consolidation phase. If it sustains above the level of 2290, one may expect northward movement in it else it faces support at 2140, crossing of which may bring some more selling pressure in the stock.
SUPPORT RESISTANCE
2225 2000

HERO HONDA
Hero Honda showing correction after made a high of 2062. The stock has continued to trade in bearish mode and broke the support level of 1775. So below this if the stock prices sustain then some more downside may be seen in it.
SUPPORT RESISTANCE
1890 1775

RANBAXY
In today's trading session it manages to trade above the 10 days and 50 days moving averages but it was moving in a downward trend. In order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. It is taking support at 577 below this level it would be in a bearish trend else above resistance at 590 it would be bullish in trend.
SUPPORT RESISTANCE
590 577

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Nifty - 50 Stocks

AMBHUJA CEMENT
The stock had taken support at lower levels and moved in an up rally thereafter. If it sustains above 142, some more northward movement is expected. One could go for buying on dip strategy if it sustains above the mentioned level.
SUPPORT - 148
RESISTANCE - 133

AXIS
The stock took support at lower levels and moved in an up rally and gained approximately 3%. Now it faces resistance at 1400, crossing of this may take stock further upwards while it holds support at 1265.
SUPPORT 1400
RESISTANCE - 1265

BHARTI AIRTEL
The stock today was able to achieve our mentioned levels. It moved in an uptrend in today's trading session and gained more than 6%. It now faces resistance at 370; crossing of this level may take the stock further upwards.
SUPPORT -370
RESISTANCE - 330

CIPLA
The stock is moving sideways currently. It now faces resistance at 363 which is also all time high for the stock, crossing of this level may move it further in upside
else it may also bounce back. Also it faces support at 330. Until it crosses any of the level, either side movement in this range is expected
SUPPORT - 363
RESISTANCE -330

JINDAL STEEL & POWER
It is taking support at the level of 630, from the last few trading session it was moving in an uptrend but in today's trading session it was up by 1.99 % and closed above the 10 days and 50 days moving averages. It is looking positive in the coming trading session one can go for long position in it at 656 else it has
support at 630 below this level it would might face more selling.
SUPPORT -655
RESISTANCE - 630

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Nifty - 50 Trend for Tomorrow

ACC
As we have already mentioned about the stock that it is trading with negative sentiments. It is below its 50 days moving average. It now faces next support at 968; if it manages to cross this level one may expect the stock to move till the levels of 945-940 in near run else it may also bounce back taking support at lower levels.
RESISTANCE - 1060
SUPPORT - 968

Ambuja Cement
The stock today managed to reach our mentioned levels. It is now trading below its 50 days moving average. It now faces support at 133, crossing of this level may take down the stock till the levels of 128-125 in short term.
RESISTANCE - 148
SUPPORT - 133

AXIS BANK
The stock today crossed its support level and made a low of 1336.10. One may keep holding the short positions in the stock. It holds support at 1330, crossing of this level may bring some more downward movement in coming trading sessions and take the stock till the levels of 1310.
RESISTANCE -1535
SUPPORT - 1330

BHEL
The stock is continuously moving in a downtrend from last few weeks. It's trading below its 10 days and 50 days moving average. We have already mentioned about the stock that one may go for sell on rise strategy until it crosses 2290 in upside and hold the short positions in this stock. It now faces support at 2100, crossing of which may bring some more selling pressure in the stock.
RESISTANCE - 2425
support - 2180

TATA MOTOR
Today it moved slightly negative, it has immediate support at the level of 1175 if it crosses this level then it may indicate trend reversal , else it may continue its existing trend if it crosses it strong resistance of 1260.
RESISTANCE - 1330
SUPPORT - 1175

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