₹1464 • HDFC Bank

S1

S2

R1

R2

COMMENT

1450

1410

1505

1540

Near-term bias is negative. Go short if stock breaks below 1450. Keep the stop-loss at 1465

₹1519 • Infosys

S1

S2

R1

R2

COMMENT

1485

1445

1545

1570

Initiate fresh shorts now and accumulate on a rise at 1535. Stop-loss can be placed at 1555.

₹312 • ITC

S1

S2

R1

R2

COMMENT

309

305

316

320

Consolidates higher in a narrow range. Go short on a break below 309 with a stop-loss at 311

₹136 • ONGC

S1

S2

R1

R2

COMMENT

133

130

139

141

Outlook is unclear. Can go either way. Avoid trading this stock until a clear trend emerges

₹2630 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2620

2585

2660

2680

Go short now and accumulate on a break below 2620. Stop-loss can be placed at 2365

₹520 • SBI

S1

S2

R1

R2

COMMENT

516

513

524

528

Initiate fresh short positions with a stop-loss at 519 only if the stock breaks below 516.

₹3218 • TCS

S1

S2

R1

R2

COMMENT

3200

3185

3250

3270

Trend is down. Go short now and accumulate on a rise at 3240. Keep the stop-loss at 3260

17570 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17510

17330

17680

17800

Initiate fresh shorts only if the contract breaks below 17510. Stop-loss can be kept at 17560

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

comment COMMENT NOW