₹1466 • HDFC Bank

S1

S2

R1

R2

COMMENT

1450

1420

1490

1540

Short-term outlook is bullish. Go long now and on dips at 1455. Stop-loss can be kept at 1440.

₹1602 • Infosys

S1

S2

R1

R2

COMMENT

1590

1550

1625

1660

View is positive and the stock is currently near a support. So, buy with stop-loss at 1585.

₹311 • ITC

S1

S2

R1

R2

COMMENT

311

309

316

323

Uptrend is intact. Go long at the current level and place a stop-loss at 308.

₹134 • ONGC

S1

S2

R1

R2

COMMENT

133

128

139

141

Consolidating below a key resistance. Go short on a break below 133. Keep stop-loss at 135.

₹2582 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2525

2475

2590

2620

Immediate outlook is not clear. Avoid trading this stock until a clear trend emerges.

₹515 • SBI

S1

S2

R1

R2

COMMENT

515

509

520

524

Testing a key support at 515. Short if this level is breached and place stop-loss at 520.

₹3354 • TCS

S1

S2

R1

R2

COMMENT

3340

3280

3390

3460

Held within the range of 3340 - 3390. Stay away until the stock moves out of this price band.

17551 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17500

17350

17585

17700

Go long only if the contract breaks out of the hurdle 17585. Stop-loss can be at 17500.

S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.