₹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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