₹1499 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1490 | 1465 | 1510 | 1535 | Hovers above a support. Go short on a break below 1490. Keep the stop-loss at 1505 |
₹1696 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1690 | 1660 | 1715 | 1750 | Initiate fresh short positions with a stop-loss at 1705 only if the stock breaks below 1690. |
₹222 • ITC
S1 | S2 | R1 | R2 | COMMENT |
220 | 217 | 226 | 230 | Wait for a break below 220 to initiate fresh short position. Stop-loss can be kept at 223 |
₹144 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
142 | 135 | 146 | 149 | Near-term outlook is unclear. Avoid trading this stock until a clear trend emerges |
₹2438 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2400 | 2350 | 2450 | 2490 | Has reversed down from the resistance. Take fresh short positions with a stop-loss at 2475 |
₹466 • SBI
S1 | S2 | R1 | R2 | COMMENT |
460 | 454 | 476 | 483 | Downtrend is intact. Go short now and also on rallies at 473. Keep the stop-loss at 479 |
₹3504 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3450 | 3400 | 3550 | 3575 | Range bound. Wait for rise and go short at 3545 and 3570. Stop-loss can be kept at 3595 |
17093 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17000 | 16650 | 17280 | 17430 | Make use of rallies to go short at 17190 and 17260. Keep the stop-loss at 17320 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.