JINDAL STEEL AND POWER breached its support level and made intraday low of 545.95. The stock has now resistance level at 580 and may take support from the level of 539. It is expected to remain range bound in short term.

R - 580

S - 539

M&M showed negative side movements today and closed with moderate losses. The stock now has support level at 697 andresistance level at 727. It is expected to consolidate and remain range bound in short term, also breaching of support level may take the stock at lower levels.

R - 727

S - 697

After making low 889.90 it is continuously moving in a downward trend and a recovery from the level of 818.50 made it to trade and close above the 10 days DMA. In order to be in an upward trend it has to trade and consolidate above the 10 days and 50 days moving averages. It is now taking support at 818 below this level it would be in a downward trend.

R - 840

S - 818

The stock is currently moving in an uptrend. Its next resistance is at 445, crossing of this level may take the stock further upwards while it may also resist at higher levels and reverse back.

R - 445

S - 423

INFOSYS showed negative side movements in today's trading session and made intraday low of 2745. The stock has resistance level at 2825 and support level at 2724. It is expected to consolidate and remain range bound and may test its support level.

R - 2825

S - 2724

MARUTI had volatile trading session today and it closed almost flat. The stock has resistance level at 1229 and support level at 1188. In short term it is expected to consolidate with positive biasness and may test its resistance level.

R - 1229

S - 1188

The stock is in short term downtrend, it is now trading at 1094.50 and it made a low of 1090.05, from this level further downside of movement would be expected. It is now taking resistance at 1113 and support at 1090. One can go for long position in it at 1113 for the target of 1135.

R - 1113

S - 1090

The stock is currently moving in an up trend. Its next resistance is at 439, crossing of this level may take the stock further upwards while it may also resist at higher levels and reverse back.

R - 439

S - 430

The stock opened gap up and then moved down during the trading hour and closed on a positive flat note. The major trend presently in the stock is sideways. The stock is now facing resistance at 475 and has support at 450. As the stock closed with positive biasness a further up movement can be seen in the stock once it breaks its resistance.

R - 475

S - 450

The stock showed an up movement during the trading hour and closed on a positive note. The trend presently in the stock is sideways. The stock is now facing resistance at 185 and has support at 173. Break of resistance may take the stock further up. One may go for buying the stock once it breaks its resistance level.

R - 185

S - 173

After making low of 857.55 it is continuously moving in an upward trend and a gap up opening made it to trade above the 10 days and 50 days DMA. In order to be in an upward trend it has to trade and consolidate above the 10 days and 50 days moving averages. It is now taking resistance at 895 above this level it would be in an upward trend.

R - 895

S - 879

The Nifty future shut shop at 5604.10 gaining 55.05 points or 0.99 percent. Nifty future increased 30,23,550 shares in open interest, and came to premium of 3.65 from premium of 3.75, whereas cost of carry is +23.79 vs. +12.34, up 92.79 percent. On the options front the OI PCR has ended at 1.55 vs. 1.52 whereas the Volume PCR at 1.10 vs. 1.08. On the Volatility Front the Indian Volatility Index has ended at 19.46% vs. 19.49% losing 0.15%.

Nifty would trade in bullish trend if it will manage resistance level of 5625 else Nifty would bearish from the support level of 5490.

Nifty Resistance - nifty has first resistance form the level of 5625 & 5726.

Nifty Support - Nifty has first support of 5564 & 5445.

The stock has moved in bullish trend throughout last week and had an up rally. its next resistance level is at 405. One could go for buying on dip strategy in the stock until it breaches the level of 387 in downside.

R - 405

S - 387

The stock moved opened gap up and then moved down during the trading hour but it managed to close on a positive note on a positive note. The trend presently in the stock is sideways. The stock is now facing resistance at 1575 and has support at 1515 which is the 50 day moving average of the stock. As the stock closed on positive note a further up movement can be seen in the stock once it breaks its resistance level.

R - 1575

S - 1515

The stock moved up during the earlier trading hour and then showed some recovery during the later trading session. The stock is now facing resistance at 1880 and has support at 1810. As the stock closed on a positive note a further up movement can be seen in the stock once it breaks its resistance level. One may go for buying the stock once it breaks its resistance level.

R - 1880

S - 1810

SBIN  - Buy

Above - 2348.60

Tgt - 2361.10, 2378.20

SL - 2334

SBI Future Tomorrow

The stock consolidated with positive biasness, in today's trading session. It is mainly in bullish phase. It has next resistance level at 2356 and above this level further positive movements can be seen in it. One may hold long position till it breaches its support level of 2320.

R - 2354

S - 2322

Tata Motor Tomorrow

TATA MOTORS remained volatile throughout the trading session and closed flat. The stock has support level at 974 and resistance level at 991. One should wait for crossing of levels on either side before taking any positions in it.

R - 991

S - 974

Ranbaxy Future Tomorrow

Ranbaxy is moving short term down trend with good volume and closed at 532.85; from this level further downside of movement would be expected. The stock may reach to the level of 520 if it manages to trade below the support level of 530, below this level it might be in a downward trend.

R - 546

S - 530

Nifty futures today closed at 5534.20 up by 50.15 points, Nifty futures looking bulish from the resistance level of 5560, otherwise nifty seems to looking bearish form the support levels of 5440.

Resistance - Nifty Futures first resistance is 5560 & second resistance is 5625.

Support - Nifty Futures fisrt support is 5440 and another support level is 5335.

Resistance - Bank Nifty First resistance is 11100 & another resistance is 112400/

Support - Bank Nifty first support is 10810, & seconf support is 10608.

The stock is currently consolidating from last a few weeks after a sharp fall previously. The stock has tried to test its major support level once previously. If it manages to sustain below this one may expect further downfall in this. One could go for sell on rise strategy in this stock.

R - 1950

S - 1875

The stock is currently moving in a bearish trend. The stock managed to breach its support level and made alow of 211.30, one could still hold the short positions in the stock as it is expected to move till the levels of 209-207 in coming trading sessions.

R - 228

S - 207

The stock showed a continuous down movement during the trading hour and marked a low of 310. The stock is now facing resistance at 316 which is 10 day moving average of the stock and has support at 307. As the stock ended on negative note a further down movement can be seen in the stock once it breaks its support level. One may go for selling the stock once it breaks its support level.

R - 316

S - 307

The stock is currently moving in bullish trend. One could hold the long positions in the stock as it is expected to continue its bullish trend and may move till the levels of 147-150 in coming trading sessions.

R- 131

s - 122

The stock is currently facing a correction phase from last a few trading sessions. The stock managed to breach its support level and made a low of 211.30, one could still hold the short positions in the stock as it is expected to move till the levels of 209-207 in coming trading sessions.

R - 228

S - 207

The stock moved up during the trading hours and closed with positive biasness. The stock is now facing resistance at 2348 which is the 50 day moving average of the stock and has support at 2300. A further up movement can be seen in the stock once it breaks its resistance level.

R - 2348

S - 2300

The stock is currently consolidating with positive biasness. One can go for buying on dip strategy in the stock till it breaches the level of 1205 in downside as it is expected to move till the levels of 1280-1285 in coming trading sessions.

R - 1285

S - 1205

The stock is currently consolidating with positive biasness. One can go for buying on dip strategy in the stock till it breaches the level of 1205 in downside as it is expected to move till the levels of 1280-1285 in coming trading sessions.

R - 292

S - 275

The stock moved down during the trading hours after breaking its support at 446 and marked a low of 425. The major trend presently in the stock is sideways. The stock is now facing resistance at 443 which is the 50 day moving average of the stock and has support at 420. As the stock closed with negative biasness a further down movement can be seen in the stock once it breaks its support level. One may go for selling the stock once it breaks its support level.

R - 443

S - 420

JINDAL STEEL AND POWER had volatile trading session and made intraday low of 610.80. The stock has resistance level at 639 and support level at 603. It is expected to consolidate with negative biasness and to test its support level in short term.

R - 639

S - 630

The stock was consolidating during the trading hours and ended on a negative note. The stock is now facing resistance at 1063 which is the 50 day moving average of the stock and has support at 1040. Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.

R - 1063

S - 1040

ICICI Buy

Above - 1047.15

Tgt - 1055.15, 1066.60, 1086.00

SL - 1034.45

INFOSYS showed little correction today after steep rise of previous session. The stock has now support level at 2830 and resistance level at 2912. The stock is expected to remain in positive phase and to test its resistance level in short term.

R - 2912

S - 2830

Infosys Sell

At - 2860

Tgt - 2852, 2844, 2831

SL - 2872.05

A correction was seen in the stock during its trading hours. The stock was not able to break its resistance at 1780 and moved down. The stock is now facing resistance at 1780 and has support at 1700. The stock is close to its support and break of support may take the stock further down. One may go for selling the stock once it breaks its support.

Resistance - 1780

Support - 1700

Infosys from the last few trading session moving sideways; in today's trading session it was up by 0.98 %. It is now taking support at 2857 below this level it would be in a downward trend. One can go for short position in it at 2857 below this level it might test the next support level of 2810.

Rersistance - 2925

Support - 2857

Infosys from the last few trading session moving sideways; in today's trading session it was up by 0.98 %. It is now taking support at 2857 below this level it would be in a downward trend. One can go for short position in it at 2857 below this level it might test the next support level of 2810.

Resisatnce - 644

Support - 627

After making a high of 1116.80 it is continuously moving in a downward trend, it is now trading at 1078.55 and it was down by -1.94 %. It has resistance at 1005 and support at 1070. It is looking bearish in the coming trading session if it manages to trade below the support level of 1070 else above 1120 it would be in a bullish trend.

Resistance - 1120

Support - 1070

Tata motors continued its recovery in today's trading session. The stock has resistance level of 1270 and support level of 1200. In the short term it is expected to move with positive biasness, and above the resistance level it is looking strong.

Resisatnce - 1270

Support - 1200

Sun Pharmaceuticals consolidated with positive biasness. The stock has resistance level at 455 and support level at 425. As the stock is looking indecisive on the charts, one should wait for proper breakout to enter in it.

Resisatnce - 455

Support - 425

The stock has managed to cross its resistance level and moved in an up rally, its next resistance at 179, crossing of this level may take the stock further upwards while has support at 169, breach of this will bring the stock downward.

Resisatnce - 179

Support - 1669

Reliance capital in today's trading session was moving in a downward trend and it was up by 0.32%. It is now taking support at 586 and resistance at 610. One can go for long position in it at 610 above this level it would be in an upward trend.

Resistance - 610

support - 586

The Nifty Index in last trading session ended at 5938.10, up more than two percent. On the derivatives front we have seen that the Nifty Futures prices closed up with an overall increase of open interest and increase in the cost of carry, this is an indication of accumulation of long positions. On the options front the OI PCR has ended at 1.52 vs.1.32 whereas the Volume PCR has ended at 0.95 vs. 1.02. On the Volatility Front the Indian Volatility Index has ended at 20.41% vs. 21.24% losing 3.91%.

Nifty Futures closed at last trading session at 5944, & at that moment nifty seems to bullish if it will touch resistance level of 6000, else it looking bearish fro the support level of 5750.

The stock is consolidating from last many trading sessions after an up rally previously. It faces major resistance at 155.50, crossing of this level may continue its bullish trend while has support at 144, breach of this level will bring downward movement in the stock.

R- 155.50

S- 144

The stock today managed to cross its resistance and made a high of 374.75, now it has next major resistance at 377, crossing of this level will take the stock further upwards. One could go for buy on dip strategy in the stock till it breaches the levels of 345 in downside.

R - 377

S - 345

The stock has successfully taken support at lower levels and moved in an uptrend this week. One could go for buying on dip strategy in the stock till it breaches the level of 550 in downside as it is expected to continue its bullish trend.

Resistance - 590

Support - 550

The stock is being consolidating after a fall previously. It has next resistance at 233; crossing of this level may take the stock further up while it has support at 218.50, breach of this level may take the stock down.

Resistance - 233

Support - 218.50

Infosys in today's trading session was moving sideways, a negative down opening made it to trade below the 10 days and 50 days moving averages. It is now taking resistance at 2940 above this level it would be in an upward trend. One can go for long position in it at 2940 above this level it would be in an upward trend.

resistance - 2940

Support - 2900

ITC has found support at 167 and resistance 170.In today's trading session it manages to trade and close below the 10 days and 50 days moving averages and it is now trading at 167.90, from this level further downside of movement would be expected. It has support at 167 below this level it would be in downward trend.

resistance - 170

Support - 167

Reliance capital from the last few trading session was moving in an upward trend, in today's trading session it was moving sideways and manages to trade above the 10 days and 50 days moving averages. It is now taking support at 569 and resistance at 590. One can go for long position in it at 590 above this level it would be in an

upward trend.

Resistance - 586

Support - 569

The stock continued to move in an up rally after crossing its resistance this week. It now faces next resistance at 132; crossing of this level may continue the bullish trend of the stock after a short term correction.

Resistance - 132

Support - 122

Hero Honda is trading in uptrend. It is consolidating at the higher level and trading with the positive bias. So a decisive breakout above the level of 1575 may continue the upward rally in the coming trading sessions.

resistance - 1575

support - 1490

Infosys from the last few trading session was moving sideways, in today's trading it manages to trade and close below the 10 days and 50 days moving averages. It is now taking resistance at 3065 above this level it would be in an upward trend. One can go for long position in it at 3065 above this level it would be in an upward trend.

Resistance - 3065

Support - 3000

Reliance capital from the last few trading session was moving in an upward trend, in today's trading session it broke the resistance of 579 and made a high of 585.80. It is now taking support at 570 and resistance at 586. One can go for long position in it at 586 above this level it would be in an upward trend.

Resistance - 586

Support - 570

Tata power has volatile trading sessions today. The stock is recovering from the earlier losses and has good closing. So above the level of 1240 it may continue the uptrend in the coming trading sessions.

Resistance - 1240

Support - 1215

The stock continued to move in an up rally after crossing its resistance this week. It now faces next resistance at 130.50; crossing of this level may continue the bullish trend of the stock after a short term correction.

Resistance - 130.550

Support - 120

The stock after having an up rally earlier in the week took resistance at higher levels and had a steep downfall. It's consolidating currently. It has resistance at 1301, crossing of this level may take the stock upwards while it has support at 1233, and breach of this level may take the stock downward.

Resistance - 1301

Support - 1233

GAIL India has weak opening in the today's session but the stock shown strong pull back and closed flat. The stock has importance resistance level of 445 above which if it sustain then some more upside may be seen in it. The stock is looking risky below the level of 445.

Resistance - 462

Support - 445

Hero Honda is trading in uptrend. It is consolidating at the higher level and trading with the positive bias. So a decisive breakout above the level of 1575 may continue the upward rally in the coming trading sessions.

Resistance - 1575

Support - 1500

M&M in today's trading session found the support at 632 and resistance at 657 .In order to be in an upward trend 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 above the resistance level of 657 else below 632 it would be in a downward trend.

Resistance - 657

Support - 632

Hero Honda is trading in uptrend. It is consolidating at the higher level and trading with the positive bias. So a decisive breakout above the level of 1575 it may continue the upward rally in the coming trading sessions.

Resistance - 1575

Support - 1515

Icici Bank Tomorrow

ICICI Bank is trading in uptrend. The stock has strong opening and hold it till the end and closed near the day's high. So above the resistance level some more upside may be seen in it.

Resistance - 1330

Support - 1000

In today's trading session it was down by -1.11 %, 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 86 else below 83 it would be in a bearish trend.

Resistance - 86

Support - 83

Kotak Mahindra Bank from the last few trading session moving in a particular price range of 420-440, in today's trading session it gave closing above the 10 days and 50 days moving averages, from this level further upside of movement would be expected. In coming trading session it manages to trade and sustain above the major resistance level 430 it would be in an upward trend.

Resistance - 430

Support - 420

Reliance capital from the last few trading session was moving in an upward trend, in today's trading session it broke the resistance of 512 and made a high of 531.25. It is now taking support at 513 and resistance at 532. One can go for long position in it at 532 above this level it would be in an upward trend.

Resistance - 532

Support - 513

Nifty Future Today closed at in the red mode & finally settled at 5532, Nifty seems bulish for next session if it will manage level of 5580 else looking bearish for the level of 5315.

Resistance for Nifty - It would be 5580 & 5625

Support for Nifty - It would be 5506 & 5460

On the call options front we can see that accumulation of open interest is seen at strike price of 5600, 5700 and 5800. On the put options front we have seen addition of open interest at strike price of 5500.

In March Series addition of open interest on the calls front is existent in the band at strike price of 5600-5700 indicating it as resistance on the upside whereas on the put options front we can see that addition of open interest is existent at strike price of 5400-5300 indicating it as immediate support zone on the downside.

The stock is moving in a sideways trend currently. It has resistance at 1016; crossing of this level may take the stock further upwards till the levels of 1030-1045 in coming trading sessions else it may also bounce from resistance level. One has to wait for crossing of level.

Resistance - 1016

Support - 960

The stock is currently moving with positive biasness after taking support at lower levels. It faces resistance at 1351; crossing of this level may bring some more up movement in the stock. One could go for buying on dip strategy in the stock until it breaches level of 1228 in downside.

Resistance - 1351

Support - 1228

The stock is currently facing a tight range bound movement. It has support at 295, breach of this level may take the stock downward while it has resistance at 310, crossing of this level may take the stock upward. One has to wait for crossing of levels on either side.

Resistance - 310

Support - 295

M&M in today's trading session found the support at 660 and resistance at 674 .In order to be in an upward trend 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 above the resistance level of 674 else below 660 it would be in a downward trend.

Resistance - 674

Support - 660