₹1371 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1350 | 1325 | 1385 | 1410 | Has not gone anywhere. Still stuck in the narrow range. Avoid trading this stock for some time. |
₹1583 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1550 | 1500 | 1600 | 1630 | Near-term view is negative. Go short now and on a rise at 1595. Keep the stop-loss at 1610 |
₹261 • ITC
S1 | S2 | R1 | R2 | COMMENT |
259 | 256 | 265 | 267 | Near-term outlook is positive. But, wait for dips and go long at 260. Stop-loss can be placed at 257. |
₹165 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
163 | 161 | 166 | 169 | Giving early sign of a reversal. Initiate fresh long positions at current levels with a stop-loss at 162 |
₹2819 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2800 | 2770 | 2850 | 2900 | Initiate fresh short positions if the stock breaks below 2800. Keep the stop-loss at 2820 |
₹507 • SBI
S1 | S2 | R1 | R2 | COMMENT |
504 | 499 | 510 | 514 | Bias is positive. Can see a fresh rise. Go long on break above 510. Stop-loss can be placed at 507. |
₹3584 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3565 | 3540 | 3605 | 3645 | Wait for dips and go long only if the stock bounces from 3565. Keep the stop-loss at 3540 |
17253 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17200 | 17120 | 17320 | 17400 | Initiate fresh long positions with a stop-loss at 17160 if the contract bounces from 17200. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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