₹1510 • HDFC Bank

S1

S2

R1

R2

COMMENT

1490

1470

1510

1540

Initiate fresh long positions only if the stock breaks above 1510. Keep the stop-loss at 1485

₹1606 • Infosys

S1

S2

R1

R2

COMMENT

1585

1555

1625

1680

Stuck in the range of 1585-1625. Stay away until the stock moves out of this band.

₹312 • ITC

S1

S2

R1

R2

COMMENT

309

306

314

317

Initiate longs when the stock breaks out of the hurdle at 314. Place stop-loss at 310.

₹140 • ONGC

S1

S2

R1

R2

COMMENT

137

133

142

146

View continues to remain unclear. Avoid trading this stock until a clear trend is seen.

₹2665 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2630

2600

2700

2750

Stock likely to appreciate from the current levels. Go long with stop-loss at 2630.

₹528 • SBI

S1

S2

R1

R2

COMMENT

523

520

531

535

There is good chance for a rally from here. So, buy the stock with stop-loss at 520.

₹3401 • TCS

S1

S2

R1

R2

COMMENT

3380

3330

3425

3435

Fluctuating within the band of 3380-3425. Refrain from trading until this range is invalidated.

17965 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17900

17800

18000

18100

Consider going long with stop-loss at 17,880 if the contract breaks out of 18,000.

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