₹1344 • HDFC Bank

S1

S2

R1

R2

COMMENT

1330

1320

1350

1380

Bias is turning negative. High risk appetite traders can go short now with a tight stop-loss at 1355

₹1464 • Infosys

S1

S2

R1

R2

COMMENT

1450

1420

1475

1500

Upmove seems to lose momentum. Go short if the stock breaks below 1450 with a stop-loss at 1465

₹274 • ITC

S1

S2

R1

R2

COMMENT

272

269

276

280

Uptrend intact but resistance ahead. Go long with a stop-loss at 274 only if ITC breaks above 276

₹154 • ONGC

S1

S2

R1

R2

COMMENT

152

148

158

162

Upmove is strong and intact. Go long now and accumulate at 152. Keep the stop-loss at 149

₹2579 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2545

2520

2605

2650

Near-term correction is possible. Wait for dips and go long at 2550. Stop-loss can be placed at 2530

₹459 • SBI

S1

S2

R1

R2

COMMENT

458

453

463

467

Poised just above a support. Go short on a break below 458. Keep the stop-loss at 461

₹3291 • TCS

S1

S2

R1

R2

COMMENT

3270

3200

3330

3350

Range bound. Initiate fresh short positions with a stop-loss at 3285 on a break below 3270

15765 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15680

15630

15840

15950

Bias is negative. Go short now and accumulate at 15830 with a stop-loss at 15880

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