NTPC Green Energy, Dredging Corporation, NALCO, RITES, SAIL and IREDA were among losers in today's session as selling returned to Indian markets. While many PSU stocks jumped from recent lows and were showing signs of recovery on technical charts, today selling could change the sentiment about these counters once again. Today's closing will be crucial and looking at the current market sentiment, we could see a negative close today. BEML, RCF, MRPL, REC and BHEL were trading with more than 2 percent loss during early trades.

Quick Insights for Each Stock:

NALCO

Current resistance lies near the Rs 231 Fibonacci level.
Support can be seen around Rs 180, indicating a crucial level for buyers.
A break above Rs 231 could drive momentum toward Rs 250+.

SAIL

The stock is consolidating near the Rs 137-157 range.
Strong support is identified at Rs 128, with further weakness below that level.
A breakout above Rs 157 could trigger upside toward Rs 175.

TPC Green Energy

The stock has strong support around Rs 118, based on Fibonacci analysis.
Resistance can be seen near Rs 141.
A sustained move above Rs 141 could lead to momentum toward Rs 150+.

RITES

The stock’s resistance is evident near the Rs 362 level.
Support exists around Rs 281, which could act as a key buying zone.
A breakout above Rs 363 could push it towards the Rs 400 range.

IREDA

Resistance lies around Rs 265, based on Fibonacci retracement.
Support near Rs 193 remains crucial for sustained upside.
A break above Rs 265 could see upside momentum building toward Rs 300.

IRFC

The key support area for IRFC lies near Rs 159.
Resistance can be seen around Rs 202.
A breakout above Rs 202 could drive momentum toward Rs 215-230 levels.

Dredging Corporation

Key resistance lies around Rs 1246.
Support levels can be identified around Rs 902.
A breakout above Rs 1246 could drive momentum toward Rs 1300+.