₹1348 • HDFC Bank

S1

S2

R1

R2

COMMENT

1330

1300

1360

1385

Bias is negative. Wait for a rise and go short at 1355. Stop-loss can be placed at 1370.

₹1485 • Infosys

S1

S2

R1

R2

COMMENT

1465

1440

1495

1520

Initiate fresh longs now and accumulate on dips at 1470. Keep the stop-loss at 1455

₹294 • ITC

S1

S2

R1

R2

COMMENT

292

289

297

300

Resistance ahead. Go long with a stop-loss at 295 only if the stock breaks above 197.

₹127 • ONGC

S1

S2

R1

R2

COMMENT

123

120

129

133

Wait for a dip. Go long if the stock reverses higher from 123. Keep the stop-loss at 121

₹2433 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2400

2370

2440

2470

Can turn down now and keep the range intact. Go short with a tight stop-loss at 2355

₹498 • SBI

S1

S2

R1

R2

COMMENT

494

489

503

520

Upmove gains momentum. Go long now and on dips at 495. Stop-loss can be kept at 492

₹3074 • TCS

S1

S2

R1

R2

COMMENT

3055

3030

3080

3105

Stuck in a narrow range. Go long only on a break above 3080. Keep the stop-loss at 3065

16338 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16260

16180

16420

16530

Near-term view is positive. Go long now and on dips at 16280 with a stop-loss at 16220

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

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