₹1524 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1520 | 1510 | 1540 | 1560 | Turning down from a resistance. Go short now and on a rise at 1535 with a stop-loss at 1555 |
₹1772 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1750 | 1735 | 1790 | 1830 | Near-term view is positive. Go long now and accumulate on dips at 1755. Keep the stop-loss at 1745 |
₹232 • ITC
S1 | S2 | R1 | R2 | COMMENT |
228 | 225 | 233 | 237 | Resistance ahead. Go long only if the stock breaks above 233. Stop-loss can be placed at 231 |
₹170 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
167 | 163 | 173 | 175 | Oscillating within a sideways range. Avoid trading this stock until the range breakout happens |
₹2377 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2350 | 2335 | 2400 | 2425 | Can go either way from here. Go long with a stop-loss at 2385 only if the stock breaks above 2400 |
₹540 • SBI
S1 | S2 | R1 | R2 | COMMENT |
533 | 527 | 545 | 560 | Range resistance ahead. Go short if SBI turns down from 545. Keep the stop-loss at 553. |
₹3766 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3750 | 3725 | 3800 | 3850 | Looks vulnerable for a fresh fall. Go short now and at 3890. Stop-loss can be kept at 3810 |
17597 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17550 | 17500 | 17670 | 17750 | Wait for dips and go long with a stop-loss at 17480 if the contract reverses higher from 17550 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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