₹1531 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1520 | 1490 | 1540 | 1560 | Downmove gains momentum. Initiate fresh short positions now. Keep the stop-loss at 1555 |
₹1791 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1775 | 1750 | 1810 | 1835 | Stuck in a narrow range. Go short with a stop-loss at 1795 only if the stock breaks below 1775 |
₹239 • ITC
S1 | S2 | R1 | R2 | COMMENT |
237 | 233 | 241 | 245 | Trend is up. Wait for dips and go long on a reversal from 237. Stop-loss can be placed at 234 |
₹158 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
157 | 155 | 159 | 162 | Immediate outlook is not clear. Avoid trading this stock until a clear trend emerges. |
₹2463 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2450 | 2410 | 2485 | 2500 | Coming down as expected. Go short now and on a rise at 2480. Keep the stop-loss at 2515 |
₹498 • SBI
S1 | S2 | R1 | R2 | COMMENT |
494 | 488 | 505 | 515 | Initiate fresh long positions with a stop-loss at 491 only if the stock bounces back from 494 |
₹3521 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3495 | 3465 | 3550 | 3575 | Outlook is bearish. Go short now and accumulate on rallies at 3545. Stop-loss can be kept at 3560 |
17897 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17750 | 17700 | 18080 | 18200 | Bias is negative. Make use of rallies to go short at 17980 and 18,040. Keep the stop-loss at 18,110. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.