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RELIANCE CAPITAL
Reliance capital from the last few trading session was moving sideways in last trading session it found resistance of 495 which served as major resistance, from this level further upside of movement would be expected. It is now taking support at 463 and resistance at 495.
R2 - 497.02 , R1- 491.03, PP 483.02, S1- 477.03 , S2- 469.02
SUZLON
Suzlon has shown pull back in the today's session and closed with the strong gains. The stock is looking bullish and above the level of 49 the upside momentum may continue in it.
R2- 49.13, R1- 48.47, PP 47.48, S1- 46.82, S2 - 45.83
TATA MOTORS
Tata motors has closed with the moderate gains in the today's session and near the day's high. The stock is looking strong in the coming trading sessions and above the level of 1167 it may show some more upside trend.
R2 - 1190.58 , R1- 1176.37, PP 1150.68, S1- 1136.47, S2 - 1110.78
RANBAXY
Ranbaxy battered down to 441 which served as a major support level. It is looking strong on charts from this level further upside movement would be expected, above 465 it would be in an upward trend.
R2 - 469.05 , R1- 462.4 , PP 451.3, S1- 444.65, S2 - 433.55
ONGC
ONGC found resistance at 276 and support at 261 from this level it made a smart recovery and made a high of 273, it is now moving in an upward trend. In today's trading session it manages to trade above the 10 days and 50 days moving averages. One can go for long position in it at 276 for the target of 285.
R2 - 278.98 , R1 - 275.62 , PP 269.58 , S1 - 266.22 , S2 - 260.18

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