₹1410 • HDFC Bank

S1

S2

R1

R2

COMMENT

1400

1350

1435

1450

Support ahead. Initiate short positions with a stop-loss at 1420 only on a break below 1400.

₹1675 • Infosys

S1

S2

R1

R2

COMMENT

1660

1635

1690

1720

Outlook is bearish. Go short now and on a rise at 1685. Stop-loss can be placed at 1705

₹209 • ITC

S1

S2

R1

R2

COMMENT

205

202

210

212

Downtrend is intact. Initiate fresh short positions now and at 211 with a stop-loss at 214

₹156 • ONGC

S1

S2

R1

R2

COMMENT

154

150

160

163

Near a support. Go short only if the stock breaks below 154. Keep the stop-loss at 157

₹2250 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2200

2170

2285

2305

Initiate fresh short positions now and accumulate at 2280. Stop-loss can be kept at 2310

₹471 • SBI

S1

S2

R1

R2

COMMENT

465

457

475

485

More room to fall. Initiate fresh short positions at current levels with a stop-loss at 478

₹3400 • TCS

S1

S2

R1

R2

COMMENT

3380

3320

3425

3455

Initiate fresh short positions only on a break below 3380. Keep the stop-loss at 3410

16233 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16200

16000

16350

16470

Support ahead. Go short with a stop-loss at 16320 only if the contract breaks below 16200.

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