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BAJAJ AUTO
The stock remained range bound during the trading hours and ended up on a positive note. It is now facing a resistance at 1503 and support has support at 1442. The stock has taken support at lower levels and has shown recovery. If it manages to sustain at current levels then further upward movement is expected in the stock.
BHARTI AIRTEL
The stock has shown consolidated movement during the trading hours and ended up on a positive note. The stock is now facing a resistance at 329 and has support at 320. The stock is looking weak on charts and is consolidating with negative biasness. One could hold a short position in the stock below the level.
COAL INDIA
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.
CAIRN INDIA
The stock remained range bound during the trading hour and ended up on a negative note. The stock is now facing a resistance at 336 and support at 320. As mentioned previously it has taken resistance at higher levels. It is expected to show a corrective rally after a continuous upward movement. There has been much volatility in the stock in terms of price movement, so one should wait for sometime in stock till it gains its strength.
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