In today’s trading session, the stock moved downward and consolidated for long time. In upcoming sessions, it may show downward trend. The stock is trading below its 10 and 50 period moving averages. It now has next resistance level at 1330 and support level at 1285.

The stock showed upward movement. As the stock closed on positive note a further upward movement can be seen in the stock in future once it breaks its resistance. One may go for buying the stock once it breaks its resistance level.

BHEL opened with gap down and showed downward movement and closed on negative note. The stock is trading below its 10 and 50 period moving averages. The stock has now resistance level at 292 and may take support from the level of 282. It may go down in upcoming session.

Bajaj Auto opened down with gap and showed downward movement with negative biasness. The stock has resistance level at 1714 and support level at 1692. The stock is trading below its 10 and 50 period moving averages, so negative biasness is expected to continue in it. One may go for selling the stock once it breaks its support level.