₹1281 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1270 | 1250 | 1325 | 1350 | Key support is ahead. Go short only if the stock breaks below 1270. Keep the stop-loss at 1280 |
₹1397 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1375 | 1320 | 1450 | 1480 | Outlook is bearish. There is room to fall more from here. Go short now with a stop-loss at 1425 |
₹261 • ITC
S1 | S2 | R1 | R2 | COMMENT |
257 | 250 | 268 | 271 | Near-term trend is down. Go short now and accumulate at 266. Stop-loss can be placed at 270 |
₹143 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
139 | 132 | 150 | 157 | Downmove strengthens. Initiate shorts now and on a rise at 148. Keep the stop-loss at 152 |
₹2560 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2530 | 2490 | 2610 | 2660 | Coming down in line with our expectation. Initiate fresh short positions with a stop-loss at 2590 |
₹441 • SBI
S1 | S2 | R1 | R2 | COMMENT |
438 | 433 | 444 | 448 | Has declined sharply breaking below a support. Go short now and at 443 with a stop-loss at 446 |
₹3145 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3080 | 3000 | 3175 | 3200 | Short-term view is negative. Go short now and accumulate at 3170. Keep the stop-loss at 3190 |
15340 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15150 | 15000 | 15500 | 15650 | View is negative but be cautious of corrective bounces. Go short with a stop-loss at 15550. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.