HDFC -
The stock has shown a bounce back from the strong support level of 381 and traded with the positive biasness in today’s trading session with a moderate gain. Presently the stock is facing resistance at the level of 398. One may wait for some consolidation near its resistance level before it manages to cross the level and move upward.
Resistance - 398 Support - 381
R2 - 440.55
R1 - 436.1
PP - 431.55
S1 - 427.1
S2 - 422.55
Today also the stock has confirmed the strength of the support level of 425 by consolidating sideways and sustaining near the level. It is presently facing resistance at the level of 445. One may expect the stock to breach the support level if it manages to trade with the negative biasness in the upcoming sessions where one can enter into a short position.
Resistance - 445 Support - 425
Resistance - 445 Support - 425
HINDUSTAN UNILEVER -
R2 - 405.98
R1 - 401.02
PP - 391.78
S1 - 386.82
S2 - 377.58
The stock has shown a bounce back from the strong support level of 381 and traded with the positive biasness in today’s trading session with a moderate gain. Presently the stock is facing resistance at the level of 398. One may wait for some consolidation near its resistance level before it manages to cross the level and move upward.
Resistance - 398 Support - 381
POWER GRID CORPORATION -
R2 - 103.67
R1 - 101.53
PP - 98.22
S1 - 96.08
S2 - 92.77
The stock consolidates with positive biasness in today’s trading hours and shown some recovery. The stock can show bearish trend on chart in near future. It faces resistance at 100 and support at 94; crossing of support may take the stock to higher level. One should wait for consolidation on either side before taking any position in the stock.
Resistance - 100 Support - 94
The stock consolidates with positive biasness in today’s trading hours and shown some recovery. The stock can show bearish trend on chart in near future. It faces resistance at 100 and support at 94; crossing of support may take the stock to higher level. One should wait for consolidation on either side before taking any position in the stock.
Resistance - 100 Support - 94
