₹1520 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1520 | 1500 | 1560 | 1575 |
Despite the price drop on Thursday, the stock is bullish. So, initiate fresh longs with tight stop-loss |
₹1560 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1550 | 1540 | 1575 | 1590 |
Can go long in the stock of Infosys with a tight stop-loss on the back of the support at ₹1,550 |
₹202 • ITC
S1 | S2 | R1 | R2 | COMMENT |
201 | 198 | 205 | 207 |
Initiate fresh long positions with a tight stop-loss if the stock of ITC bounces off the support at ₹200 |
₹117 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
116 | 112 | 121 | 123 |
Fresh short positions are recommended with stop-loss at ₹119 if the stock slips below ₹116 |
₹2092 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2080 | 2030 | 2150 | 2185 |
Consider initiating fresh long positions with a tight stop-loss if the stock recovers above ₹2,100 |
₹424 • SBI
S1 | S2 | R1 | R2 | COMMENT |
418 | 410 | 430 | 435 |
Go short in the stock of SBI as the price action shows bearish bias; stop-loss can be placed at ₹430 |
₹3258 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3250 | 3200 | 3300 | 3335 |
Initiate fresh short positions in the stock of TCS with stop-loss at ₹3,300 if price drops below ₹3,250 |
15731 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15700 | 15665 | 15800 | 15840 |
Fresh long positions can be initiated with stop-loss at 15,650 if the contract rebounds from 15,700 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.