₹1359 • HDFC Bank

S1

S2

R1

R2

COMMENT

1335

1300

1380

1410

Outlook turns bearish. Go short now and on a rise at 1375. Keep the stop-loss at 1390

₹1445 • Infosys

S1

S2

R1

R2

COMMENT

1435

1400

1460

1475

Wait for a rise and go short if the stock turns down from 1460 with a stop-loss at 1480

₹294 • ITC

S1

S2

R1

R2

COMMENT

290

287

295

298

Initiate fresh long positions with a stop-loss at 293 only if the stock breaks above 295.

₹124 • ONGC

S1

S2

R1

R2

COMMENT

122

119

127

130

Bias is negative. Go short now and on a rise at 126. Stop-loss can be kept at 129

₹2377 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2365

2300

2430

2470

Range bound. Go short only if RIL breaks below 2365. Keep the stop-loss at 2380

₹487 • SBI

S1

S2

R1

R2

COMMENT

483

477

491

500

Just above a support. Go long with a stop-loss at 481 if the stock bounces from 483.

₹3038 • TCS

S1

S2

R1

R2

COMMENT

3020

3000

3080

3110

Downtrend is strong and intact. Go short now and at 3070. Keep the stop-loss at 3095

15991 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15920

15860

16070

16140

Near-term view has turned negative. Go short now and at 16040 with a stop-loss at 16110

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