₹1494 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1485 | 1440 | 1525 | 1550 | Sustains below resistance at 1520. Short now and on a rally to 1520 with stop-loss at 1540. |
₹1742 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1740 | 1690 | 1760 | 1800 | Initiate fresh shorts if the stock falls below the support at 1740; stop-loss at 1760. |
₹265 • ITC
S1 | S2 | R1 | R2 | COMMENT |
260 | 256 | 270 | 273 | Though trend is bullish, it could fall to 260 before rallying. So, buy at 260 with stop-loss at 255. |
₹169 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
165 | 160 | 174 | 178 | Stock could decline from here. Short now and on a rise to 174 with stop-loss at 178. |
₹2561 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2560 | 2510 | 2600 | 2650 | Price action weak but 2560 is a strong support. Short with stop-loss at 2600 if only 2560 is breached. |
₹513 • SBI
S1 | S2 | R1 | R2 | COMMENT |
510 | 505 | 520 | 525 | Near-term correction looks likely. Go short now and on a rise at 518. Keep the stop-loss at 523 |
₹3691 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3650 | 3610 | 3720 | 3780 | Short-term outlook looks unclear. Refrain from trading this stock. |
17577 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17500 | 17400 | 17600 | 17700 | Looks vulnerable to fall. Go short at current level. Stop-loss can be kept at 17720. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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