₹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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