₹1432 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1420 | 1405 | 1450 | 1470 | Stuck in the range of 1420 - 1450. Refrain from trading until the stock moves out of this range. |
₹1600 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1575 | 1550 | 1625 | 1650 | Likely to extend the rally. Hence, consider going long with stop-loss at 1575. |
₹310 • ITC
S1 | S2 | R1 | R2 | COMMENT |
307 | 304 | 313 | 317 | Might stay flat for some time. Therefore, 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. |
₹2572 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2540 | 2500 | 2630 | 2700 | Go long on the stock if it rallies past 2615. Place stop-loss at 2585. |
₹533 • SBI
S1 | S2 | R1 | R2 | COMMENT |
530 | 520 | 536 | 545 | Trend is up but testing a critical hurdle. One can wait for the break out before taking positions. |
₹3355 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3300 | 3270 | 3370 | 3400 | Looks set to appreciate from the current level. Buy the stock with stop-loss at 3300. |
17370 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17250 | 17130 | 17500 | 17600 | Falls back in to the range 17250 - 17500. Stay away until the contract remains within the range. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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