₹1020 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1000 | 975 | 1040 | 1065 |
The stock has closed above the crucial resistance of ₹1,000. Hence, buy the stock on dips with tight stop-loss |
₹714 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
700 | 680 | 720 | 740 |
Though Infosys stays above ₹700, there is a resistance at ₹720. So, go long with tight stop-loss above ₹720 |
₹186 • ITC
S1 | S2 | R1 | R2 | COMMENT |
178 | 173 | 192 | 197 |
The stock was unable to breach the hurdle at ₹186. Initiate fresh longs if the price rallies above that level |
₹83 • 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 |
₹1656 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1630 | 1600 | 1700 | 1730 |
As the stock is in a strong uptrend, fresh long positions can be initiated with stop-loss at ₹1,600 |
₹179 • SBI
S1 | S2 | R1 | R2 | COMMENT |
175 | 172 | 180 | 184 |
The stock of SBI is testing the resistance at ₹180; buy the stock only if it decisively breaks out of that level |
₹2038 • 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 |
10075 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10000 | 9950 | 10140 | 10200 |
Consider fresh long positions with stop-loss at 10,000 as the contract has broken out of the critical resistance |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on
June 19, 2020
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