INTRADAY TECHNICAL TRADE:

Ranbaxy Future:

Is trading in narrow range of 528 - 531, unable to pass its resistance of 535 & below 527 mark it may see more down side towards 520,

if it manages to break its main day support level of 520 then we may see this stock melting towards 510-515 level in coming days,

one may go short in Ranbaxy below 527.

Biocon Future:

This stock is trading in negative pattern, resistance stands @352 mark & currently it is trading @345 near its day support of 341,

once it manage to break this support we may see 335-333 level in intraday & if it breaks 330 level then we may see this stock in a range between 315-323 in coming days.