₹1504 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1490 | 1470 | 1510 | 1540 | Bias is turning bearish. Fresh fall is possible. Initiate fresh shorts now with a stop-loss at 1525 |
₹1724 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1720 | 1680 | 1745 | 1760 | Initiate fresh short positions only if the stock breaks below 1720. Keep the stop-loss at 1735 |
₹223 • ITC
S1 | S2 | R1 | R2 | COMMENT |
218 | 216 | 225 | 228 | Stuck in a narrow range. Avoid trading this stock until a clear trade signal emerges |
₹171 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
168 | 163 | 173 | 175 | Nearing the top of the range. Initiate fresh short positions at 173 and 175 with a stop-loss at 178 |
₹2441 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2425 | 2390 | 2470 | 2500 | Immediate outlook is unclear. Go short with a stop-loss at 2445 only if the stock breaks below 2425 |
₹512 • SBI
S1 | S2 | R1 | R2 | COMMENT |
508 | 504 | 515 | 520 | Near-term outlook is bearish. Go short now and accumulate at 514. Keep the stop-loss at 518 |
₹3784 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3775 | 3745 | 3805 | 3835 | Has room to fall further. Go short now and on a rise at 3795. Stop-loss can be placed at 3815 |
17262 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17250 | 17050 | 17300 | 17450 | Initiate fresh short positions with a stop-loss at 17330 if the contract breaks below 17250. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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