₹1391 • HDFC Bank

S1

S2

R1

R2

COMMENT

1385

1375

1410

1440

Wait for dips and go long only if the stock bounces from 1385. Keep the stop-loss at 1370

₹1438 • Infosys

S1

S2

R1

R2

COMMENT

1428

1400

1455

1470

Down move is strong and there is room to fall further. Go short with a stop-loss at 1465

₹293 • ITC

S1

S2

R1

R2

COMMENT

290

288

294

297

Immediate outlook is negative. Initiate fresh short positions with a stop-loss at 296

₹124 • ONGC

S1

S2

R1

R2

COMMENT

121

119

127

130

Downtrend likely to resume. Go short now and accumulate at 126 with a stop-loss at 129

₹2420 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2400

2365

2440

2480

Immediate outlook is not clear. Avoid trading this stock until a clear trend emerges

₹485 • SBI

S1

S2

R1

R2

COMMENT

481

477

489

492

Support coming up. Wait for dip. Go long with a stop-loss at 479 if SBI bounces from 481

₹3085 • TCS

S1

S2

R1

R2

COMMENT

3065

3020

3110

3130

Outlook is negative. Go short now and on a rise at 3105. Stop-loss can be kept at 3120

16030 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16000

15920

16080

16150

At a crucial support. Go short if the contract breaks below 16000 with a stop-loss at 16060

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

comment COMMENT NOW