Intraday Call for Monday (Technical Overview, 21st March)
Posted: Sat Mar 19, 2011 4:41 am
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DR REDDY
Dr.Reddy Lab. has closed with the losses on WoW basis. The stock has weak closing and near the support level of 1475. So below this level selling pressure may continue in the coming time.
R2- 1564.58, R1- 1529.17, PP 1509.58, S1- 1474.17, S2- 145 4.58
HCL
HCL is oscillating in the range of 445-475 from the last few trading sessions. The stock has closed on weaker notes and trading with the negative bias. So below the level of 445 some downtrend may be seen in it.
R2- 471.47, R1- 460.88, PP 453.22, S1- 442.63, S2- 434.97
DR REDDY
Dr.Reddy Lab. has closed with the losses on WoW basis. The stock has weak closing and near the support level of 1475. So below this level selling pressure may continue in the coming time.
R2- 1564.58, R1- 1529.17, PP 1509.58, S1- 1474.17, S2- 145 4.58
HCL
HCL is oscillating in the range of 445-475 from the last few trading sessions. The stock has closed on weaker notes and trading with the negative bias. So below the level of 445 some downtrend may be seen in it.
R2- 471.47, R1- 460.88, PP 453.22, S1- 442.63, S2- 434.97