₹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.