TATA STEEL
One of the worst performing stock in the recent bull rally. For tomorrow475 is the strong resistence area if that crosses then it'll hurdle at485 which is the short term resistence an then at 515 which is the longterm resistence. Daily CCI is given buy signal and RSI is still just belowthe mid-point level.
BAJAJ AUTO
This stock is continuosly struggling to cross the 2600 level and taking support at 2492-2480. If this stock takes the 2492-2480 support then it'lltest the July Double Bottom support at 2350. If that cracks too then thefall might stop at 2085. For me 2350 is the hard support for thsi stock.
ICICI BANK
This stock is nearing to test the short term support at 823. And in thecoming sessions this stock will might struck in the range bound between890 and 775. 890 is the very strong resistence indeed and anything below823 it'll retest this months low of 776.
One of the worst performing stock in the recent bull rally. For tomorrow475 is the strong resistence area if that crosses then it'll hurdle at485 which is the short term resistence an then at 515 which is the longterm resistence. Daily CCI is given buy signal and RSI is still just belowthe mid-point level.
BAJAJ AUTO
This stock is continuosly struggling to cross the 2600 level and taking support at 2492-2480. If this stock takes the 2492-2480 support then it'lltest the July Double Bottom support at 2350. If that cracks too then thefall might stop at 2085. For me 2350 is the hard support for thsi stock.
ICICI BANK
This stock is nearing to test the short term support at 823. And in thecoming sessions this stock will might struck in the range bound between890 and 775. 890 is the very strong resistence indeed and anything below823 it'll retest this months low of 776.
posted by Naveen Pantera at 9:58 PM
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