₹1656 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1620 | 1590 | 1665 | 1725 | Initiate fresh long positions if the stock breaks above 1665. Stop-loss can be placed at 1640 |
₹1882 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1870 | 1840 | 1895 | 1910 | Lacks momentum to move up sharply. Go short with a stop-loss at 1885 on a break below 1870. |
₹255 • ITC
S1 | S2 | R1 | R2 | COMMENT |
252 | 249 | 258 | 266 | Consolidates within the uptrend. Go long only on a break above 258. Keep the stop-loss at 255 |
₹168 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
165 | 162 | 171 | 175 | Can move up within the sideways range. Go long now and on dips at 166 with a stop-loss at 163 |
₹2663 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2635 | 2610 | 2690 | 2750 | Near-term outlook is positive. Go long now and accumulate at 2645. Keep the stop-loss at 2615 |
₹512 • SBI
S1 | S2 | R1 | R2 | COMMENT |
509 | 505 | 515 | 520 | Resistance ahead. Initiate fresh longs only on a break above 515. Stop-loss can be kept at 512 |
₹3770 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3750 | 3730 | 3785 | 3810 | Trend is up. Go long now and accumulate on dips at 3755. Stop-loss can be placed at 3740 |
18092 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17930 | 17800 | 18170 | 18320 | Key resistance ahead. Go short with a stop-loss at 18230 if the contract turns down from 18170. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.