₹1433 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1420 | 1405 | 1450 | 1470 | Bounces off the support at 1420. Go long on the stock with stop-loss at 1415. |
₹1566 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1550 | 1530 | 1600 | 1625 | Shows signs of further rally. So, buy the stock with stop-loss at 1530. |
₹308 • ITC
S1 | S2 | R1 | R2 | COMMENT |
307 | 304 | 313 | 317 | Might stay flat for the day. Hence, it is better to stay away from trading this stock. |
₹136 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
134 | 129 | 138 | 140 | Immediate outlook is unclear. Avoid trading this stock until a clear trend emerges. |
₹2606 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2560 | 2540 | 2630 | 2700 | Go long on the stock if it rallies past 2615. Place stop-loss at 2585. |
₹541 • SBI
S1 | S2 | R1 | R2 | COMMENT |
536 | 530 | 545 | 550 | Trend is up but testing a critical hurdle. One can wait for the break out before taking positions. |
₹3340 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3300 | 3270 | 3370 | 3400 | Breaks out of a resistance and looks set to move up. So, go long with stop-loss at 3300. |
17424 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17400 | 17240 | 17500 | 17600 | Moves out of the range of 17240-17400 and could rally more. Buy with stop-loss at 17300. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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