₹1472 • HDFC Bank

S1

S2

R1

R2

COMMENT

1440

1420

1490

1510

Outlook is bearish. Go short now and accumulate on a rise at 1485. Keep the stop-loss at 1505

₹1684 • Infosys

S1

S2

R1

R2

COMMENT

1665

1638

1720

1760

Can fall further. Initiate fresh short positions now and at 1690. Stop-loss can be kept at 1705

₹219 • ITC

S1

S2

R1

R2

COMMENT

215

210

222

226

Near-term outlook has turned bearish. Initiate fresh short positions with a stop-loss at 223

₹166 • ONGC

S1

S2

R1

R2

COMMENT

163

160

170

173

Is still stuck inside the sideways range. Avoid trading this stock until a clear trend emerges

₹2332 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2305

2245

2355

2395

Wait for dips and go long with a stop-loss at 2290 only if the stock reverses higher from 2305

₹500 • SBI

S1

S2

R1

R2

COMMENT

498

485

508

515

Hovers above a support. Go short only if SBI breaks below 498. Stop-loss can be kept at 502

₹3729 • TCS

S1

S2

R1

R2

COMMENT

3720

3690

3755

3770

Downtrend is intact. Go short now and on a rise tat 3745. Keep the stop-loss at 3765

16809 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16730

16450

16920

17100

Outlook is bearish. Go short now and on a rise at 16890. Stop-loss can be kept at 16960

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

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