₹979 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
975 | 962 | 1000 | 1018 |
The stock is facing a crucial resistance at ₹1,000. So, buy the stock with tight stop-loss if it breaches that level |
₹703 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
690 | 680 | 710 | 720 |
Infosys is struggling to rally; nonetheless, initiate short positions if price breaches the support at ₹695 |
₹181 • ITC
S1 | S2 | R1 | R2 | COMMENT |
178 | 173 | 186 | 190 |
The trend remains bearish for ITC and so initiate fresh short positions on rallies with stop-loss at ₹186 |
₹84 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
81 | 77 | 87 | 90 |
Initiate fresh short positions with a tight stop-loss if the stock of ONGC slumps below ₹81 levels |
₹1615 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1600 | 1577 | 1630 | 1647 |
Fresh long positions are recommended with tight stop-loss only if the stock moves above ₹1,635 |
₹173 • SBI
S1 | S2 | R1 | R2 | COMMENT |
167 | 163 | 178 | 185 |
The stock of SBI can be bearish until the price is below ₹180; hence, initiate sell positions on rallies |
₹2047 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2030 | 2000 | 2070 | 2090 |
₹2,070 has been acting as a strong hindrace for TCS. Hence, buy the stock with tight stop-loss above ₹2,070 |
9850 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
9800 | 9750 | 9950 | 10020 |
Consider initiating fresh short positions with tight stop-loss if the contract decisively breaks below 9,800 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on
June 18, 2020
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