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Intraday Calls for Tomorrow (Nifty Trend for Friday, 25th March) |
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Intraday Calls for Tomorrow (Nifty Trend for Friday, 25th March) |
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Rohan
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| 25 March 2011, 00:34:12 |
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TATA POWER
Tata power has continued to trade in uptrend. The stock has positive breakout in it and has closing at the day high. So above the level 1275 it may continue with the uptrend in the coming trading sessions.
Resistance2- 1271.75, Resistance1- 1263.8, Pivot Point 1251.95, Support1- 1244, Support2- 1232.15
RANBAXY
Ranbaxy battered down to 432.10 which served as a major support level, it now moving in a sideways. It is looking strong on charts from this level further upside movement would be expected, above 450 it would be in an upward trend.
Resistance2- 446.2, Resistance1- 443.2, Pivot Point 440.35, Support1- 437.35, Support2- 434.5
MAHINDRA & MAHINDRA
M&M in today's trading session found the support at 648 and resistance at 671.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 671 else below 648 it would be in a downward trend.
Resistance2- 662.07, Resistance1- 654.08, Pivot Point 647.52, Support1- 639.53, Support2- 632.97 |
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