₹1500 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1490 | 1460 | 1515 | 1540 | Stuck in a narrow range. Go short with a stop-loss at 1510 only if the stock breaks below 1490 |
₹1735 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1720 | 1690 | 1740 | 1770 | Resistance ahead that cap the upside. View is negative. Go short now with a stop-loss at 1755 |
₹224 • ITC
S1 | S2 | R1 | R2 | COMMENT |
220 | 218 | 226 | 230 | Outlook is bearish. Initiate fresh short positions at current levels. Keep the stop-loss at 228 |
₹144 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
143 | 140 | 146 | 148 | Wait for dips and go long if the stock bounces back from 140. Stop-loss can be placed at 138. |
₹2370 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2350 | 2300 | 2410 | 2440 | Initiate fresh short positions now and accumulate on rallies at 2390. Keep the stop-loss at 2415 |
₹484 • SBI
S1 | S2 | R1 | R2 | COMMENT |
482 | 477 | 490 | 495 | Likely to break below 482. Go short now and on a rise at 488. Stop-loss can be placed at 492 |
₹3571 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3550 | 3520 | 3590 | 3410 | Initiate fresh short positions with a stop-loss at 3575 only if the stock breaks below 3550. |
17247 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17220 | 17000 | 17350 | 17500 | Can see a fresh fall. Go short now and on rallies at 17320. Keep the stop-loss at 17410 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.