₹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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