Quotes with Resistance & Support
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Technical view:: Nifty, Axis bank, BHEL & Jindal Steel

Posted on: February 23rd, 2012 at 8:53 am

Nifty
Nifty has been facing strong resistance at 5600 levels. This is the same level it started to show weakness in month of August last year. Technically seems can test 5380-5400 on the downside in coming days

nifty

nifty

Axis bank:
Axis bank has rallied quite a bit in last few days. Technically seems can test 1180 in coming days

axis-bank

axis-bank

BHEL
BHEL has strong resistance at 320 levels. in near term can test 290 on the downside. Buying interest could resume again from 290 levels.

bhel

bhel

Jindal Steel & power:
Jindal steel has strong resistance at 640-650 levels. Can test 580 levels on the downside on account of profit booking.

jindal-steel

jindal-steel

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