₹1428 • HDFC Bank

S1

S2

R1

R2

COMMENT

1420

1405

1450

1470

Just above a support. Initiate fresh shorts on a break below 1420. Keep the stop-loss at 1435

₹1543 • Infosys

S1

S2

R1

R2

COMMENT

1530

1510

1560

1600

Consolidates within the upmove. Go long with a stop-loss at 1540 only on a break above 1560.

₹310 • ITC

S1

S2

R1

R2

COMMENT

307

304

313

317

Near-term corrective dip is possible. Go long on dips at 307. Stop-loss can be placed at 305

₹137 • ONGC

S1

S2

R1

R2

COMMENT

134

129

138

140

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

₹2583 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2560

2540

2600

2630

Bias on the chart is slightly negative. Go short now and at 2590. Keep the stop-loss at 2610.

₹542 • SBI

S1

S2

R1

R2

COMMENT

536

530

545

550

A dip is possible before the upmove resumes. Go long on dips at 537 with a stop-loss at 534

₹3290 • TCS

S1

S2

R1

R2

COMMENT

3270

3230

3320

3370

Range bound between 3270 and 3320. Wait for a range breakout and take trades accordingly

17315 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17240

17110

17400

17520

Initiate fresh long positions with a stop-loss at 17360 only if the contract breaks above 17400

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

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