Monday, July 18, 2011

TECHNICAL OUTLOOK : INTRADAY TIPS : 19 JULY 11




HDFC BANK

India's third largest lender HDFC Bank is going to announce the quarter results on 19 july 11 and expected to report a 31% rise in first quarter FY12  profit after tax of Rs 1,064.2 crore as against Rs 811.7 crore in a year ago period. Shares closed the today’s session AT 515.05.

Support and resistance levels for the share for the next trading session are:

RESISTANCE LEVELS

Resistance 1- 522

Resistance 2-  527

SUPPORT LEVELS

 Support 1-  505

Support 2-  500



ASHOK LEYLAND

Ashok Leyland IS going to announce its first quarter results on 19th July. It has seen trading within the narrow range of 52.45 to 51.25 on Monday.

Support and resistance levels for the share for the next trading session are:

RESISTANCE LEVELS :

Resistance 1-55

Resistance 2- 59

SUPPORT LEVELS :

Support 1- 52

Support 2- 45



CROMPTON GREAVES

Crompton Greaves is going to announce the quarter result on 19th July. The script is seen trading in bounded range


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