₹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.