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Intraday Calls for Wednesday (Technical Overview, 13 April 2011)



Intraday Calls for Wednesday (Technical Overview, 13 April 2011)
Rohan
12 April 2011, 18:31:44
TCS
TCS has is in correction phase from last few trading sessions. The stock has resistance level at 1202 and support level at 1172. It is expected to trade with negative biasness, also if it sustain below support level at 1172, further correction may be seen in short term.
Resistance2- 1202.7, Resistance1- 1183, Pivot Point 1171, Support1- 1190.7, Support2- 1163.3
WIPRO
Wipro is in correction phase and today also it consolidated with negative biasness. The stock has resistance at 474 and support at 453. The stock is expected to continue its trade with negative biasness, and below the support level at 453 it looks weak in short term.
Resistance2- 469.07, Resistance1- 464.68, Pivot Point 460.62, Support1- 456.23, Support2- 452.17
TATA POWER
Tata Power is in consolidation phase from many previous sessions and trading in tight range. The stock is looking strong above the resistance level at 1350. It is expected to trade sideways within the range of resistance 1350 and support at....read more

 


 
 
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