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₹1403 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1395 | 1380 | 1430 | 1450 | Near-term outlook is positive. Initiate fresh long positions with a stop-loss at 1375 |
₹1541 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1530 | 1500 | 1555 | 1585 | Can see a fresh leg of fall from here. Initiate fresh short positions with a stop-loss at 1570. |
₹263 • ITC
S1 | S2 | R1 | R2 | COMMENT |
260 | 256 | 265 | 271 | Initiate fresh long positions only if the stock breaks above 265. Keep the stop-loss at 262 |
₹156 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
155 | 150 | 162 | 167 | Above a crucial support. Avoid trading this stock for a day to see if it is reversing higher or not |
₹2780 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2750 | 2710 | 2810 | 2850 | Bias is negative. Initiate fresh short positions now and at 2795. Keep the stop-loss at 2825 |
₹491 • SBI
S1 | S2 | R1 | R2 | COMMENT |
488 | 483 | 492 | 499 | Resistance ahead. Go long only if the stock breaks above 492. Stop-loss can be kept at 488 |
₹3543 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3500 | 3480 | 3570 | 3610 | Range bound and can move up within it. Go long now and at 3520. Keep the stop-loss at 3490 |
17080 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16980 | 16900 | 17160 | 17340 | Wait for a rise. Go short with a stop-loss at 17220 if the contract reverses lower from 17160. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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