₹1348 • HDFC Bank

S1

S2

R1

R2

COMMENT

1330

1300

1360

1380

Outlook is bearish. Go short now and at 1355. Keep the stop-loss at 1370

₹1490 • Infosys

S1

S2

R1

R2

COMMENT

1470

1445

1520

1550

Initiate fresh longs now and accumulate on dips at 1475 with a stop-loss at 1460

₹295 • ITC

S1

S2

R1

R2

COMMENT

293

290

297

300

Resistance ahead. Go long only on a break above 297. Stop-loss can be kept at 294.

₹130 • ONGC

S1

S2

R1

R2

COMMENT

127

124

133

135

Can go either way from here. Avoid trading this stock until a clarity is obtained

₹2422 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2400

2370

2440

2470

Wait for a rise. Go short on a reversal from 2440 with a stop-loss at 2455

₹490 • SBI

S1

S2

R1

R2

COMMENT

486

482

492

502

Initiate fresh longs only if SBI breaks above 492. Keep the stop-loss at 489

₹3060 • TCS

S1

S2

R1

R2

COMMENT

3040

3020

3080

3110

Go long with a stop-loss at 3065 only if TCS breaks above the resistance at 3080.

16313 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16240

16170

16380

16460

Go long now and accumulate on dips at 16270. Stop-loss can be placed at 16210

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

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