₹1372 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1350 | 1325 | 1385 | 1410 | Stuck in a narrow range. Immediate outlook is still not clear. Avoid trading this stock. |
₹1553 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1550 | 1500 | 1590 | 1630 | Poised above a key support. Go short with a stop-loss at 1570 only on a break below 1550. |
₹257 • ITC
S1 | S2 | R1 | R2 | COMMENT |
256 | 253 | 260 | 264 | Initiate fresh long positions only if the stock breaks above 260. Keep the stop-loss at 257 |
₹165 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
162 | 160 | 166 | 168 | Has room to fall further. Initiate fresh short positions at current levels with a stop-loss at 167 |
₹2778 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2750 | 2710 | 2800 | 2820 | Can come down further. Go short with a stop-loss at 2770 once the stock breaks below 2750. |
₹497 • SBI
S1 | S2 | R1 | R2 | COMMENT |
496 | 492 | 502 | 506 | Near-term bounce is possible. Initiate fresh long positions now. Keep the stop-loss at 495 |
₹3561 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3535 | 3500 | 3570 | 3590 | Resistance ahead can cap the upside. Go short now. Stop-loss can be placed at 3585 |
17059 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16960 | 16850 | 17120 | 17200 | Make use of rallies and go short at 17110 and 17180. Keep the stop-loss at 17230 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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