Scripting a survival
Zee’s founding family plots a twist in the tale and stays in control
₹1572 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1555 | 1540 | 1585 | 1600 | Strong resistance ahead. Go long with a stop-loss at 1,555 only if the stock breaks above 1,585 |
₹1742 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1735 | 1720 | 1745 | 1760 | Outlook is bullish. Go long now and accumulate on dips at 1735. Keep the stop-loss at 1725 |
₹242 • ITC
S1 | S2 | R1 | R2 | COMMENT |
241 | 237 | 244 | 246 | Signals an intermediate turn-around. Go short now and on rallies at 244 with a stop-loss at 247 |
₹138 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
136 | 131 | 139 | 150 | Initiate fresh short positions if ONGC reverses lower from 139. Keep the stop-loss at 142. |
₹2488 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2450 | 2410 | 2500 | 2600 | Initiate fresh long positions with a stop-loss at 2,470 0nly if the stock breaks above 2,500. |
₹450 • SBI
S1 | S2 | R1 | R2 | COMMENT |
445 | 440 | 455 | 460 | Outlook is bullish. Go long now and accumulate on dips at 445. Stop-loss can be kept at 441 |
₹3872 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3850 | 3815 | 3900 | 3945 | Near-term view is positive. Initiate fresh long positons with a stop-loss at 3840 |
17842 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17760 | 17700 | 17900 | 18000 | Uptrend gains momentum. Go long now and on dips at 17785. Keep the stop-loss at 17,740 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.