₹1372 • HDFC Bank

S1

S2

R1

R2

COMMENT

1350

1325

1385

1410

Immediate outlook is unclear. Avoid trading this stock until a clear trend emerges

₹1579 • Infosys

S1

S2

R1

R2

COMMENT

1550

1520

1600

1630

Bias is negative. Go short now and on a rise at 1595. Stop-loss can be kept at 1615

₹259 • ITC

S1

S2

R1

R2

COMMENT

257

253

261

265

Initiate fresh long positions with a stop-loss at 258 only if the stock breaks above 261.

₹167 • ONGC

S1

S2

R1

R2

COMMENT

165

161

169

174

Coming down within its sideways range. Go short now and at 168 with a stop-loss at 171

₹2775 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2745

2680

2800

2840

Resistance ahead. Go long only on a break above 2800. Keep the stop-loss at 2770

₹506 • SBI

S1

S2

R1

R2

COMMENT

499

490

509

515

Moved back into the range. Go long on a break above 509. Stop-loss can be kept at 506

₹3544 • TCS

S1

S2

R1

R2

COMMENT

3515

3490

3580

3620

Wait for a rise and go short with a stop-loss at 3595 if the stock turns down from 3580.

17211 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17190

17080

17240

17320

At a crucial juncture. Go short with a stop-loss at 17230 if the contract breaks below 17190.

S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

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