₹1347 • HDFC Bank

S1

S2

R1

R2

COMMENT

1330

1310

1355

1380

Immediate outlook is unclear. Avoid trading this stock until a clear trade signal emerges.

₹1461 • Infosys

S1

S2

R1

R2

COMMENT

1450

1430

1470

1490

Bias is negative. Can see a fresh fall. Go short now and at 1465. Keep the stop-loss at 1480

₹273 • ITC

S1

S2

R1

R2

COMMENT

270

268

275

278

Upmove is not gaining strength. Go long with a stop-loss at 273 only on a break above 275

₹151 • ONGC

S1

S2

R1

R2

COMMENT

147

144

153

156

Near-term corrective fall looks likely. Go short now and at 152 with a stop-loss at 155

₹2588 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2565

2530

2610

2640

Can dip before rising back again. Go long only on a break above 2610 with a stop-loss at 2590

₹465 • SBI

S1

S2

R1

R2

COMMENT

463

460

469

472

Can go either way from here. Avoid trading this stock until a clear direction is visible.

₹3264 • TCS

S1

S2

R1

R2

COMMENT

3240

3200

3315

3350

Upmove has lost momentum. Go short with a stop-loss at 3255 if TCS breaks below 3240.

15718 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15700

15650

15850

15940

Ranged with a bearish bias. Go short on a break below 15700 with a stop-loss at 15760

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