₹1462 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1450 | 1425 | 1500 | 1530 | Go long if the stock rebounds from the support at 1425. Place stop-loss at 1400. |
₹1717 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1700 | 1670 | 1725 | 1760 | Heading towards a strong base. Buy if the stock bounces off 1670. Keep stop-loss at 1645. |
₹231 • ITC
S1 | S2 | R1 | R2 | COMMENT |
228 | 225 | 232 | 235 | Initiate fresh short positions with a stop-loss at 233 only if the stock falls below 228. |
₹167 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
166 | 162 | 170 | 173 | Exhibiting bearish bias but trading above a support. Sell below 166 and place stop-loss at 170. |
₹2356 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2330 | 2300 | 2400 | 2425 | Buy the stock as it could rally in upcoming sessions. Place stop-loss at 2325. |
₹531 • SBI
S1 | S2 | R1 | R2 | COMMENT |
525 | 518 | 535 | 545 | Go long if the scrip rallies past the resistance at 535. Keep stop-loss at 525. |
₹3744 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3685 | 3640 | 3780 | 3825 | Trend is down. But wait for a rise and go short at 3780 and 3825. Stop-loss can be kept at 3855 |
17256 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17250 | 17100 | 17300 | 17380 | Initiate fresh longs if the contract breaks out of 17,300. Place stop-loss at 17,230. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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