₹1470 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1455 | 1420 | 1480 | 1500 | Near-term outlook is negative. Go short now and on a rise at 1475 with a stop-loss at 1495 |
₹1575 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1570 | 1555 | 1600 | 1630 | Room for more fall. Initiate fresh short positions now and at 1595. Keep the stop-loss at 1610 |
₹314 • ITC
S1 | S2 | R1 | R2 | COMMENT |
311 | 309 | 317 | 320 | Corrective fall is possible. Initiate fresh short positions now and at 316 with a stop-loss at 319 |
₹132 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
130 | 128 | 135 | 138 | Can fall from here. But wait for a rise and go short at 134. Stop-loss can be placed at 137 |
₹2607 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2585 | 2550 | 2620 | 2640 | Initiate fresh short positions only if the stock breaks below 2585. Keep the stop-loss at 2595 |
₹511 • SBI
S1 | S2 | R1 | R2 | COMMENT |
507 | 503 | 518 | 524 | Near-term trend is down. Can fall further from here. Go short now with a tight stop-loss at 515 |
₹3354 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3330 | 3300 | 3370 | 3400 | Near-term bias is turning weak. Initiate fresh short positions now with a stop-loss at 3380 |
17499 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17370 | 17240 | 17600 | 17750 | Sell-off strengthens. Initiate fresh short positions now and at 17560 with a stop-loss at 17620 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Comments
- Copy link
- Telegram
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.