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Indian stock markets reversed early losses to end at their 12-week highs on Wednesday, amid firm European cues, led by index heavyweight Reliance Industries following the commencement of its buyback offer.
Here are some sure shot suggestion for today's trading.
TATA Motors-
The stock touches higher level and had straight up rally in today’s trading session. It now has resistance level at 252 and support level at 243, the stock can exhibit bullish trend on chart above resistance level. The stock can show further bullish trend on chart above resistance level.
SBI-
The stock consolidates with positive biasness in today’s trading session. It now faces resistance at 2089 and support level at 2042; the stock can continue its bullish rally above resistance level in near future one can for long position in the stock.
GAIL India-
Presently the stock is consolidating sideways. In today’s trading session it showed positive biasness able to sustain at the strong resistance level of 380. The stock is likely to gain strength above the strong resistance in the near session where it would be a right time to enter into a long position. At the same time it is having support at the level of 364. One should wait for some consolidation.
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