₹1314 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1300 | 1285 | 1330 | 1360 | Has room to rise in the near-term. Initiate fresh long positions with a stop-loss at 1295. |
₹1519 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1500 | 1475 | 1530 | 1565 | Resistance ahead. Go long only if the stock breaks above 1530. Keep the stop-loss at 1515 |
₹265 • ITC
S1 | S2 | R1 | R2 | COMMENT |
262 | 259 | 268 | 273 | Near-term outlook is bullish. Initiate fresh long positions now and at 263 with a stop-loss at 261 |
₹163 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
161 | 158 | 166 | 170 | Immediate outlook is positive. Initiate fresh long positions now and at 161 with a stop-loss at 160 |
₹2531 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2485 | 2420 | 2565 | 2605 | Can rise further from here. Go long now and on dips at 2505. Keep the stop-loss at 2480 |
₹467 • SBI
S1 | S2 | R1 | R2 | COMMENT |
465 | 460 | 472 | 478 | Resistance ahead. Wait for a rise and go short with a stop-loss at 475 if SBI reverses lower from 472. |
₹3452 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3435 | 3385 | 3505 | 3545 | Outlook has turned bullish. Go long now and on dips at 3445. Stop-loss can be placed at 3420. |
16266 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16100 | 15920 | 16400 | 16520 | Initiate fresh long positions if the contract breaks above 16300. Keep the stop-loss at 16220 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.