₹1351 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1335 | 1320 | 1360 | 1380 | Short-term outlook is bearish. Initiate fresh short positions with a stop-loss at 1375 |
₹1429 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1415 | 1385 | 1440 | 1460 | Resistance ahead. Go short now and accumulate at 1438. Stop-loss can be placed at 1455 |
₹291 • ITC
S1 | S2 | R1 | R2 | COMMENT |
289 | 285 | 293 | 297 | Just above a support. Go short if the stock bounces from 289. Keep the stop-loss at 287 |
₹127 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
124 | 122 | 129 | 133 | Immediate outlook is unclear. Avoid trading this stock until a clear trade signal emerges |
₹2397 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2360 | 2300 | 2440 | 2480 | Range bound. Go short only if the stock breaks below 2360. Keep the stop-loss at 2375 |
₹479 • SBI
S1 | S2 | R1 | R2 | COMMENT |
477 | 470 | 483 | 486 | Resistance ahead. Go short with a stop-loss at 485 if the stock reverses lower from 483. |
₹2999 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2970 | 2930 | 3040 | 3100 | Trend is down. Wait for a rise and go short at 3030. Stop-loss can be placed at 3055 |
15941 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15860 | 15780 | 16000 | 16080 | Wait for a rise and go short with a stop-loss at 16,060 if the contract turns down from 16000. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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