Technical outlook of top 2 stocks

·        INDIANB FUT

Stock has successfully sustained above the 20 DMA and settled near the resistance level so drawn. The stock future may continue the buy trend.

INTRADAY
R1	351	Stock Info
R2	366
R3	382	VOLUME	5532000
LEVEL	347.50	DAY HIGH	347.50
S1	312	DAY LOW	336
S2	297	WEEKLY LOW	311.15
S3	290	WEEKLY HIGH	350.60
All over trends	Sideways to Positive

·        TATAELXSI FUT

Stock remained significantly lower from the downward sloping trend line and rested near it which is drawn on chart. the stock is expected to give breakout and trade higher.

INTRADAY
R1	1210	Stock Info
R2	1235
R3	1260	VOLUME	3231200
LEVEL	1204	DAY HIGH	1209
S1	1180	DAY LOW	1182.05
S2	1140	WEEKLY LOW	1126.05
S3	1100	WEEKLY HIGH	1209
All over trends	Sideways to Positive

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