₹1372 • HDFC Bank

S1

S2

R1

R2

COMMENT

1355

1330

1382

1405

Initiate fresh long positions only if the stock breaks above 1382. Keep the stop-loss at 1370

₹1492 • Infosys

S1

S2

R1

R2

COMMENT

1475

1455

1525

1560

Near-term outlook is positive. Go long now and on dips at 1480. Stop-loss can be kept at 1465

₹289 • ITC

S1

S2

R1

R2

COMMENT

285

280

293

296

Upmove seems to have resumed. Initiate fresh long positions now with a stop-loss at 283

₹121 • ONGC

S1

S2

R1

R2

COMMENT

119

116

123

126

Has room to fall further from here. Go short on a break below 119. Keep the stop-loss at 121

₹2412 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2390

2360

2440

2515

Can move up before a fresh fall. Go short on a rise at 2435. Stop-loss can be kept at 2465.

₹480 • SBI

S1

S2

R1

R2

COMMENT

477

472

484

486

Can rise further from here. Initiate fresh long positions now with a stop-loss at 475

₹3260 • TCS

S1

S2

R1

R2

COMMENT

3235

3200

3275

3305

Resistance ahead. Go long only if TCS breaks above 3275. Keep the stop-loss at 3260

16018 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15920

15800

16030

16180

Initiate fresh long positions with a stop-loss at 15960 if the contract breaks above 16020.

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

comment COMMENT NOW