₹1511 • HDFC Bank

S1

S2

R1

R2

COMMENT

1495

1475

1520

1550

Initiate fresh long positions if the stock breaks above 1520. Stop-loss can be kept at 1505

₹1583 • Infosys

S1

S2

R1

R2

COMMENT

1570

1555

1595

1615

Near-term outlook is negative. Go short now and at 1595. Keep the stop-loss at 1605

₹315 • ITC

S1

S2

R1

R2

COMMENT

313

311

317

320

The overall uptrend is intact. Go long now and accumulate at 314 with a stop-loss at 312

₹135 • ONGC

S1

S2

R1

R2

COMMENT

134

132

137

140

Near-term view is negative. Initiate fresh short positions now with a stop-loss at 139

₹2661 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2640

2615

2675

2700

Resistance ahead. Go long only if RIL breaks above 2675. Stop-loss can be kept at 2660

₹532 • SBI

S1

S2

R1

R2

COMMENT

528

524

537

542

Uptrend is intact. Initiate fresh longs now and on dips at 529. Keep the stop-loss at 527

₹3381 • TCS

S1

S2

R1

R2

COMMENT

3350

3320

3390

3420

Trend is reversing. Initiate fresh short positions now and at 3390 with a stop-loss at 3405

18001 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17820

17750

18160

18300

Initiate fresh longs if the contract opens above 18000. Stop-loss can be kept at 17910

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

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