Reliance broke the price Band of 830-860 last week but held on to its support zone of 800 going forward in next week, it will attempt to get back into 860-860 price band ,and on the negative side if it breaks 800 support next support comes in at 780.On the whole Reliance is trading in sideways pattern.
Ambuja cement broke its support zone of 168 on Mondays market crash and didn't recover from the low point instead losing some more ground and trading at 155 levels .This is a 52 weak low for the stock and at these levels the stock is going to be weak and only if it comes above 168 then we can expect strength in the stock.
As expected Bharti airtel broke the support zone of 321 and is trading below this levels .In the coming week it will try to consolidate around these levels and if it breaks these level then it has a strong support at 290 and resistance is at 330.
Hindalco has crossed the 100 mark after consolidating at 85-95 levels for 2-3 weeks and at 100 levels it is again going to consolidate before making any further up move and its resistances comes in at 105 and if it crosses this mark then 100 will be tough resistance and support is at 95.
Tata consultancy services continued to slide in the beginning of the week and went below the support of zone of 1740,but on Thursday it made a swift recovery and closed in at 1830 levels on Friday and this levels the stock is positive and only close below 1740 will trigger weakness.
Tata Motors stock is in a volatile zone with support at 280 levels and resistance is at 310 levels .It has to close at the these levels for 2 or 3 days to confirm the direction .
BHEL again made a 52 week low at 100 levels and only on Fridays closing it recovered and closed at 116, and one days up move cannot be taken as change in trend and it have to stay above 110 levels for making further up moves and resistance comes in at 125 and support is at 105
Coal India will try to cross the 275 mark as it is near, but it will come in steady consolidating mode and if it crosses 275 mark the next resistance is at 295 and support is at 262.
ITC broke down below 315 levels on Mondays trade and it never recovered from that zone and it will try to consolidate at these levels and the support comes in at 290 and resistance is at 315.