₹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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