₹1519 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1510 | 1490 | 1540 | 1570 | Near-term outlook is positive. Initiate fresh long positions now with a stop-loss at 1505. |
₹1742 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1720 | 1690 | 1775 | 1795 | Immediate outlook is bullish. Go long now and accumulate on dips at 1725 with a stop-loss at 1705 |
₹223 • ITC
S1 | S2 | R1 | R2 | COMMENT |
221 | 218 | 226 | 230 | Resistance ahead. Wait for a rise and go short with a stop-loss at 228 if the stock reverses lower from 226. |
₹165 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
162 | 157 | 168 | 173 | Back into its range. High risk appetite traders can go long now and on dips at 163 with a stop-loss at 159 |
₹2415 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2395 | 2345 | 2425 | 2475 | Initiate fresh long positions only if the RIL breaks above 2425. Stop-loss can be placed at 2405 |
₹524 • SBI
S1 | S2 | R1 | R2 | COMMENT |
520 | 516 | 527 | 536 | Has risen back sharply and is above a support. Go short with a stop-loss at 523 on a break below 520 |
₹3833 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3800 | 3785 | 3850 | 3885 | Downtrend has reversed and is now bullish. Go long now and on dips at 3810 with a stop-loss at 3790 |
17365 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17250 | 17000 | 17500 | 17650 | Allow for dips and go long if the contract bounces from 17250. Stop-loss can be placed at 17160 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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