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ACC- The stock had a range bound movement in today’s trading session after showing a correction rally yesterday. It now has next support at 1125, if it consolidates for a while, breach of this level may take the stock further downwards till the levels of 1110-1100 in coming trading sessions.
State Bank of India- Today the stock tried to test its resistance level but was not able to cross it. It now faces resistance at 1800 and support level of 1716. The stock can exhibit bullish trend if it manages cross its resistance level after some consolidation in near future while below support level selling pressure can be seen in the stock.