RELIANCE POWER-
R2 - 86.4, R1 - 84.75 , PP - 82.8, S1 - 81.15, S2 - 79.2
Today the stock has continued to trade with an uptrend with a consolidated move. It is having major resistance at the level of 85 where the stock is likely to sustain in the near term until it manages to cross the same level. Breach of the support level of 79 may give a correction in the stock.
Resistance - 85 Support - 79
TATA POWER -
R2 - 96.83, R1 - 95.57, PP - 94.03, S1 - 92.77, S2 - 91.23
TATA MOTORS -
R2 - 86.4, R1 - 84.75 , PP - 82.8, S1 - 81.15, S2 - 79.2
Today the stock has continued to trade with an uptrend with a consolidated move. It is having major resistance at the level of 85 where the stock is likely to sustain in the near term until it manages to cross the same level. Breach of the support level of 79 may give a correction in the stock.
Resistance - 85 Support - 79
TATA POWER -
R2 - 96.83, R1 - 95.57, PP - 94.03, S1 - 92.77, S2 - 91.23
The stock shows consolidated movement in remains range bound in today’s trading hours. In near term the stock can exhibit bullish trend on chart above resistance level. It now faces the resistance level of 95 and the support level of 92. The stock is trading in a range in last few trading session.
Resistance - 95 Support - 92TATA MOTORS -
R2 - 213.03, R1 - 209.62, PP - 206.08, S1 - 202.67, S2 - 199.13
The stock shows consolidated with positive biasness and remains range bound in today’s trading hours. It now has resistance level at 207 and support level at 201, the stock can exhibit bullish trend on chart above resistance level. If the stock sustains at current level before crossing the resistance level then one can go for buying in the stock, else correction can be expected in the stock.
Resistance - 210 Support - 202
COAL INDIA -
COAL INDIA -
R2 - 333.62, R1 - 329.63, PP - 323.82, S1 - 319.83, S2 - 314.02
The stock has a volatile trading session and closes on positive side. As overall trend is bearish below the support level stock is looking weak one may go for selling after breaching of support level and short term trend is bullish so both side movement can be expected.
Resistance - 330 Support - 319
