Thursday, July 21, 2011

TECHNICAL OUTLOOK FOR INTRADAY : 22 JULY 11


NIIT

NIIT is going to announce its quarter result tomorrow. Script has traded in heavy volume before the result day. Shares closed the today’s session at 58.15. Support and resistance levels for the share for the next trading session are:

RESISTANCE LEVELS :

Resistance 1 : 59

Resistance 2 : 60

SUPPORT LEVELS :

Support 1 : 56

Support 2 : 55


JET AIRWAYS

JETAIRWAYS is been reflecting the crude oil price up and down in its share prices. Airline is going to announce its first quarter results on 22nd  July. It has seen trading within the range of 485 TO 498on thursday. Expected levels for this script are as follow:

RESISTANCE LEVELS :

Resistance 1 : 496

Resistance 2 : 504

SUPPORT LEVELS :

Support 1 : 483


Support 2 : 477


AXIS BANK

Axis Bank is going to announce the quarter result on 22nd July. The script is seen trading in broad range on Thursday amid the news that the RBI again going to raise the interest rate. Script closed trading at 1239.Expected resistance and support levels for the scrip for the next trading session are:

RESISTANCE LEVELS :

Resistance 1 : 1255

Resistance 2 : 1271

SUPPORT LEVELS :

Support 1 : 1228

Support 2 : 1217


COLGATE PALMOLIVE

COLGATE is going to announce its first quarter result tomorrow. This script closed the today’s trading session at 977.35 and made a low of 975. Resistance and support levels for tomorrow:

RESISTANCE LEVELS :
Resistance 1 : 992

Resistance 2 : 1006

SUPPORT LEVELS :

Support 1 : 3969

Support 2 : 3960






1 comments:

Peehu Sharma said...

• Oil prices dip after reaching June highs on U.S. crude stock draw.
• Gold prices gain in Asia after ADP jobs report misses expectations.
• Financial markets in Shanghai will be closed for a national holiday for whole week.
CapitalStars

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