₹1466 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1450 | 1420 | 1480 | 1505 | Wait for a rise and go short if the stock turns down from 1480. Keep the stop-loss at 1495 |
₹1542 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1530 | 1520 | 1550 | 1575 | Initiate fresh short positions with a stop-loss at 1540 only if the stock breaks below 1530. |
₹316 • ITC
S1 | S2 | R1 | R2 | COMMENT |
311 | 308 | 317 | 319 | Resistance ahead. Go long only if the stock breaks above 317. Stop-loss can be kept at 315 |
₹134 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
132 | 130 | 135 | 139 | Wait for a pull-back. Go short after the stock breaks beow 132. Keep the stop-loss at 134 |
₹2647 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2585 | 2530 | 2680 | 2720 | Trend resistance ahead. Go short with a stop-loss at 2695 if RIIL reverses lower from 2680. |
₹522 • SBI
S1 | S2 | R1 | R2 | COMMENT |
520 | 517 | 530 | 534 | Has room to rise. Initiate fresh long positions at current levels with a stop-loss at 518 |
₹3284 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3270 | 3250 | 3315 | 3340 | Can fall further. Go short now and accumulatt at 3310. Stop-loss can be placed at 3325 |
17641 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17500 | 17400 | 17730 | 17810 | Near-term rise is likely before a fresh fall happens. Stay out of the market for a while. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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