AXIS BANK -
R2 - 903.47
R1 - 890.73
PP - 865.57
S1 - 852.83
S2 - 827.67
The stock remained range bound during the trading hours and ended up on a positive note. It is now facing a resistance at 896 and has support at 852. One should wait for sometime in stock till it consolidates for a while as it may remain volatile in this range.
The stock remained range bound during the trading hours and ended up on a positive note. It is now facing a resistance at 896 and has support at 852. One should wait for sometime in stock till it consolidates for a while as it may remain volatile in this range.
Resistance - 896 Support - 852
BAJAJ AUTO -
R2 - 1643.3
R1 - 1628.75
PP - 1605.45
S1 - 1590.9
S2 - 1567.6
The stock has shown either side movement during the trading hours and ended up on a negative note. It is now facing a resistance at 1630 and support has support at 1583. The stock has been consolidating with negative biasness from past few trading sessions. Breaching of the support level may take stock further down.
The stock has shown either side movement during the trading hours and ended up on a negative note. It is now facing a resistance at 1630 and support has support at 1583. The stock has been consolidating with negative biasness from past few trading sessions. Breaching of the support level may take stock further down.
Resistance - 1630 Support - 1583
GRASIM INDUSTRIES -
R2 - 2457.33
R1 - 2434.67
PP - 2397.33
S1 - 2374.67
S2 - 2337.33
Today the stock has managed to cross the strong resistance of 2410 and traded with a moderate gain throughout the session. It is still following the major sideways trend having support at the level of 2380. Above the next resistance level of 2440 it is likely to trade with the bullish trend else it may consolidate with the sideways movement.
Today the stock has managed to cross the strong resistance of 2410 and traded with a moderate gain throughout the session. It is still following the major sideways trend having support at the level of 2380. Above the next resistance level of 2440 it is likely to trade with the bullish trend else it may consolidate with the sideways movement.
Resistance - 2440 Support - 2380
