₹1551 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1530 | 1500 | 1575 | 1600 | Initiate short at current level and on a rally to 1575. Place stop-loss at 1600. |
₹1829 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1800 | 1760 | 1850 | 1875 | Price action indicates further fall. Go short at current level with stop-loss at 1860. |
₹260 • ITC
S1 | S2 | R1 | R2 | COMMENT |
257 | 254 | 265 | 270 | Remains above the key level of 257 hinting further rally. Go long with a stop-loss at 254. |
₹173 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
168 | 162 | 175 | 180 | Consider buying at current level of 173 and on a dip to 168. Place stop-loss at 162. |
₹2619 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2600 | 2560 | 2675 | 2700 | Either buy above 2650 with stop-loss at 2600 or buy if stock bounces off 2600 with stop-loss at 2560. |
₹514 • SBI
S1 | S2 | R1 | R2 | COMMENT |
500 | 492 | 516 | 523 | Buy the stock if it breaks out of hurdle at 516. Stop-loss can be placed at 510. |
₹3755 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3750 | 3690 | 3835 | 3880 | Likely to bounce off the support at 3750. Buy the stock with stop-loss at 3690. |
17860 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17830 | 17725 | 17925 | 18000 | Initiate fresh short positions if the contract falls below 17830. Keep stop-loss at 17925. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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