Intraday stock Tips: JP Associated & Jindal Steel

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Stocks To Pick Today
JP ASSOCIATES showed volatile movements in today’s trading session and made intraday low of 69.25. The stock now has resistance level at 73 and may take support from the level of 67. In short term it is expected to remain volatile, below the support level stock is looking further down.
RESISTANCE – 73
SUPPORT – 67

JINDAL STEEL AND POWER had a gap up opening and had consolidation session and closes with negative biasness; the major trend in stock is sideways. The stock is now facing resistance at 443 and has support at 425. As the stock closed on negative note a further down movement can be seen in the stock once it breaks its support level.

RESISTANCE – 443
SUPPORT – 425




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