₹1355 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1340 | 1325 | 1360 | 1380 | Resistance ahead. Go long only if the stock breaks above 1360. Keep the stop-loss at 1345 |
₹1488 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1475 | 1450 | 1495 | 1505 | Initiate fresh short positions if the stock turns down from 1495 with a stop-loss at 1515 |
₹292 • ITC
S1 | S2 | R1 | R2 | COMMENT |
286 | 280 | 295 | 300 | Rally looks stretched. Go short with a stop-loss at 302 if the stock turns down from 295. |
₹126 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
124 | 120 | 130 | 136 | There is room to fall further. Go short now and at 128. Stop-loss can be placed at 132. |
₹2414 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2360 | 2310 | 2475 | 2535 | Can go either way from here. Avoid trading this stock until a clear trend emerges |
₹473 • SBI
S1 | S2 | R1 | R2 | COMMENT |
469 | 460 | 477 | 481 | Initiate fresh shorts with a stop-loss at 479 if the stock reverses lower from 477. |
₹3235 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3200 | 3170 | 3250 | 3300 | Near-term outlook is negative. Initiate fresh short positions with a stop-loss at 3255. |
15831 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15760 | 15650 | 15920 | 16000 | There is room to rise in the near-term. Go long now and at 15780 with a stop-loss at 15720 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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