₹1500 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1490 | 1470 | 1535 | 1575 | Just above a support. Go short only if the stock breaks below 1490. Keep the stop-loss at 1505 |
₹1743 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1725 | 1690 | 1760 | 1800 | Hovers around a resistance. Go short on a break below 1725. Stop-loss can be placed at 1745 |
₹216 • ITC
S1 | S2 | R1 | R2 | COMMENT |
213 | 210 | 218 | 221 | Immediate outlook is not clear. Avoid trading this stock until a clear trend emerges. |
₹161 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
160 | 157 | 163 | 167 | Breaks the range on the downside and turns bearish. Go short with a stop-loss at 165 |
₹2371 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2345 | 2305 | 2395 | 2425 | Downtrend resumes. Go short now and accumulate at 2390. Keep the stop-loss at 2410. |
₹498 • SBI
S1 | S2 | R1 | R2 | COMMENT |
495 | 491 | 501 | 506 | Can see a fresh fall from here. Initiate new short positions with a stop-loss at 503 |
₹3572 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3550 | 3510 | 3610 | 3630 | Can extend the fall from current levels. Go short now with a stop-loss at 3615 |
17067 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17000 | 16850 | 17120 | 17250 | Bias is bearish. Go short with a stop-loss at 17130 if the contract breaks below 17000 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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