BHARTI AIRTEL
The stock today managed to cross its resistance level and had an up rally. one could still hold the long positions in the stock as it is expected to continue its bullish trend.
Resistance2- 389.98, Resistance1- 385.27, Pivot Point 377.23,
Support1- 372.52, Support2- 364.48
Hindustan Unilever
The stock moved down during the earlier trading hours and then a recovery was seen in the stock during the later trading session and it closed on positive note. The stock is now facing resistance at 328 and has support at 315. A further up movement can be seen in the stock once it breaks its resistance level. One may go for buying the stock once it breaks its resistance level.
Resistance2- 330.8, Resistance1- 325.85, Pivot Point 321.55,
Support1- 316.6, Support2- 312.3
HERO HONDA
The stock was consolidating during the trading hour and closed on positive note. The stock is now facing resistance at 1760 and has support at 1690. As the
stock closed with positive biasness a further up movement can be seen in the stock once it breaks its resistance level. One may go for buying the stock once
it breaks its resistance level.
Resistance2- 1753.87, Resistance1- 1742.78, Pivot Point 1733.92,
Support1- 1722.83, Support2- 1713.97
RELIANCE COMMUNICATION
The stock is in short term down trend. It is looking bearish in the coming trading session if it manages to trade and consolidate below the 10 days and 50 days moving averages. One can go for short position in it at 86 for the target of 70.
Resistance2- 97.43, Resistance1- 96.32, Pivot Point 94.53,
Support1- 93.42, Support2- 91.63
TATA MOTORS
In today's trading session, it again breaches its support level and made a low of 925. It was down by more than 5%.The stock is now facing resistance at 1000 and has support at 887. The stock can go further down once it manages to breach its support level and one can go for the short position below its support level.
Resistance 2- 999.65, Resistance1- 990.3, Pivot Point 983.25,
Support1- 973.9, Support2- 966.85.
Source http://stock-intraday-tips.blogspot.com/2011/06/intraday-tips-for-tomorrow-technical_20.html For the latest updates PRESS CTR + D or visit Stock Market news Today
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