₹1351 • HDFC Bank

S1

S2

R1

R2

COMMENT

1335

1320

1360

1380

Short-term outlook is bearish. Initiate fresh short positions with a stop-loss at 1375

₹1429 • Infosys

S1

S2

R1

R2

COMMENT

1415

1385

1440

1460

Resistance ahead. Go short now and accumulate at 1438. Stop-loss can be placed at 1455

₹291 • ITC

S1

S2

R1

R2

COMMENT

289

285

293

297

Just above a support. Go short if the stock bounces from 289. Keep the stop-loss at 287

₹127 • ONGC

S1

S2

R1

R2

COMMENT

124

122

129

133

Immediate outlook is unclear. Avoid trading this stock until a clear trade signal emerges

₹2397 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2360

2300

2440

2480

Range bound. Go short only if the stock breaks below 2360. Keep the stop-loss at 2375

₹479 • SBI

S1

S2

R1

R2

COMMENT

477

470

483

486

Resistance ahead. Go short with a stop-loss at 485 if the stock reverses lower from 483.

₹2999 • TCS

S1

S2

R1

R2

COMMENT

2970

2930

3040

3100

Trend is down. Wait for a rise and go short at 3030. Stop-loss can be placed at 3055

15941 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15860

15780

16000

16080

Wait for a rise and go short with a stop-loss at 16,060 if the contract turns down from 16000.

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

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