DLF
The stock has shown consolidated movement during the trading hours and ended up on a positive note. It is now facing a resistance of 240 crossing of this level will take stock further upward else it may also resist at higher levels after showing a continuous up rally.
RESISTANCE SUPPORT
243 231
HDFC Bank managed to cross its strong resistance level and move upward. It showed consolidation in today's session. It is facing a new resistance at the level of 481 and has support at 465. The stock is expected to cross its resistance and move further upward, where it is the right time to enter into a buying position.
RELIANCE COMMUNICATION
The stock has taken a strong support at the level of 75 and is giving a continuous upward movement but closes with moderate loss. It is sailing smooth forming an upside rally. It will continue to be in its short term bullish trend above the resistance level of 79, if it fails to breach this level some retracement will be seen in the coming trading sessions.
SESA GOA
The stock is range bound in the short term, consolidating with the sideways trend. It is facing resistance at the level of 230 and having support at 218. In the upcoming session it is expected to consolidate more and remain range bound if it does not crosses its resistance level.
TCS
After an early up the stock falls down to the level of 1111. It now faces resistance level at 1154 and support level at 1110, for near term it is looking strong above the resistance level of 1154. One may go for long position in it after the crossing of resistance level.
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