• Nifty 50 Futures (7534)
COMMENT : Initiate fresh short position with a stop-loss at 7,525 only if the Nifty 50 Futures breaks below 7,500
• HDFC Bank (₹1050)
COMMENT: Initiate fresh long position with a tight stop-loss at ₹1,030 if the stock reverses higher from ₹1,040
• Infosys (₹1050)
COMMENT : Resistance ahead. Go short with a stop-loss at ₹1,067 if the stock reverses lower from ₹1,055
• ITC (₹315)
COMMENT: Initiate fresh long position only if the stock breaks above ₹317. Keep the stop-loss at ₹314
(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.