₹1528 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1520 | 1490 | 1545 | 1560 | Initiate fresh short positions with a stop-loss at 1535 only if the stock breaks below 1520. |
₹1918 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1900 | 1800 | 1935 | 1960 | Bias is turning bearish. Go short now and on rallies at 1930. Keep the stop-loss at 1955 |
₹221 • ITC
S1 | S2 | R1 | R2 | COMMENT |
220 | 218 | 223 | 226 | Hovers above a key support. Go short with a stop-loss at 222 if the stock breaks below 220. |
₹164 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
160 | 157 | 166 | 168 | Corrective fall is possible. Initiate fresh short positions now. Stop-loss can be placed at 167. |
₹2523 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2500 | 2480 | 2535 | 2565 | Resistance ahead. Go short if RIL fails to rise past 2535. Keep the stop-loss at 2555 |
₹507 • SBI
S1 | S2 | R1 | R2 | COMMENT |
505 | 500 | 512 | 517 | Near-term top is in place. Go short if SBI breaks below 505. Stop-loss can be kept at 509 |
₹3994 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3925 | 3900 | 4015 | 4050 | Near-term view is negative. Initiate fresh short positions now with a stop-loss at 4025 |
18114 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
18000 | 17850 | 18200 | 18325 | Outlook has turned bearish. Wait for a rise and go short at 18180. Keep the stop-loss at 18280 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Comments
- Copy link
- Telegram
Please Email the Editor
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.