₹1485 • HDFC Bank

S1

S2

R1

R2

COMMENT

1475

1455

1495

1530

Consolidating sideways. Go long with a stop-loss at 1470 only if the stock breaks above 1495.

₹1594 • Infosys

S1

S2

R1

R2

COMMENT

1585

1555

1630

1680

Forming a double-top. Go short only on a break below 1585. Stop-loss can be kept at 1605

₹308 • ITC

S1

S2

R1

R2

COMMENT

305

300

310

314

Wait for dips and go long if the stock reverses higher from 305. Keep the stop-loss at 303

₹139 • ONGC

S1

S2

R1

R2

COMMENT

137

134

142

146

Immediate view is unclear. Avoid trading this stock until a clear trend emerges

₹2633 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2590

2530

2680

2735

Initiate fresh short positions with a stop-loss at 2695 if RIL reverses lower from 2680.

₹531 • SBI

S1

S2

R1

R2

COMMENT

524

520

537

544

Trend is up. Go long now and accumulate on dips at 526. Keep the stop-loss at 522

₹3400 • TCS

S1

S2

R1

R2

COMMENT

3385

3360

3435

3480

Can see a fresh rally from here. Go long now and at 3395. Stop-loss can be kept at 3370

17717 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17620

17500

17850

17920

Key resistances ahead. Wait for a rise and short at 17840 and 17910 with a stop-loss at 17960

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

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