₹1287 • HDFC Bank

S1

S2

R1

R2

COMMENT

1270

1220

1315

1330

Near-term support is holding well. Go long now and at 1275 with a stop-loss at 1260

₹1427 • Infosys

S1

S2

R1

R2

COMMENT

1400

1350

1450

1475

Outlook is bearish. Can fall further. Go short now and at 1445. Keep the stop-loss at 1460

₹276 • ITC

S1

S2

R1

R2

COMMENT

273

269

278

285

Upmove has gained momentum. Go long now and at 274. Stop-loss can be placed at 271

₹160 • ONGC

S1

S2

R1

R2

COMMENT

158

154

163

166

Initiate fresh short positions with a stop-loss at 161 only if the stock breaks below 158.

₹2479 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2420

2370

2495

2515

Can see a fresh fall from here. Initiate fresh short positions with a stop-loss at 2510

₹448 • SBI

S1

S2

R1

R2

COMMENT

445

439

450

454

Stuck in a narrow range. Go short on a break below 445. Keep the stop-loss at 448

₹3271 • TCS

S1

S2

R1

R2

COMMENT

3250

3230

3300

3350

Wait for a rise and go short with a stop-loss at 3315 if the stock reverses lower from 3300.

15784 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15650

15500

15950

16100

Initiate fresh short positions if the contract breaks below 15650. Keep the stop-loss at 15720

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