₹1608 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1595 | 1575 | 1630 | 1665 | Initiate fresh long positions if the stock breaks above 1665. Stop-loss can be placed at 1640 |
₹1861 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1850 | 1830 | 1875 | 1895 | Trading above a support. Short on a break below 1850 with stop-loss at 1875. |
₹259 • ITC
S1 | S2 | R1 | R2 | COMMENT |
257 | 254 | 265 | 270 | Closes above the resistance at 257 hinting further rally. Go long with a stop-loss at 254. |
₹172 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
168 | 162 | 175 | 180 | Consider buying at current level of 172 and on a dip to 168. Place stop-loss at 162. |
₹2626 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2600 | 2560 | 2675 | 2700 | Either buy above 2650 with stop-loss at 2600 or buy if stock bounces off 2600 with stop-loss at 2560. |
₹509 • SBI
S1 | S2 | R1 | R2 | COMMENT |
500 | 492 | 516 | 523 | Buy the stock if it breaks out of hurdle at 516. Stop-loss can be placed at 510. |
₹3815 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3780 | 3750 | 3835 | 3880 | Trend is up. Go long now and accumulate on dips to 3780. Stop-loss can be placed at 3740. |
18017 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17925 | 17800 | 18125 | 18200 | Stay on the fence and initiate trade along the direction of break of either 17925 or 18125. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.