₹1512 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1495 | 1465 | 1517 | 1535 | Resistance ahead. Go short with a stop-loss at 1530 only if the stock reverses lower from 1517. |
₹1825 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1800 | 1770 | 1850 | 1875 | Downmove intensifies. Go short now and accumulate on a rise at 1845. Keep the stop-loss at 1860 |
₹219 • ITC
S1 | S2 | R1 | R2 | COMMENT |
218 | 215 | 222 | 225 | Hovers above a support. Go short if the stock breaks below 218. Stop-loss can be placed at 221 |
₹167 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
165 | 162 | 168 | 171 | Near-term correction is possible. Go short at current levels with a tight stop-loss at 170 |
₹2482 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2455 | 2410 | 2500 | 2520 | Downside pressure increases. Wait for a rise and go short at 2495. Stop-loss can be placed at 2510. |
₹511 • SBI
S1 | S2 | R1 | R2 | COMMENT |
500 | 488 | 520 | 530 | Wait for a rise and initiate fresh short positions with a stop-loss at 525 if the stock turns down from 520. |
₹3833 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3800 | 3770 | 3850 | 3875 | Outlook is bearish. Go short now and on a rise at 3845. Stop-loss can be placed at 3860 |
17808 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17700 | 17600 | 17920 | 18000 | Make use of rallies to go short at 17880 and 17910. Stop-loss can be placed at 17960 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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