₹1365 • HDFC Bank

S1

S2

R1

R2

COMMENT

1356

1340

1378

1400

Trading near the middle of the range of 1300 - 1400. Stay away from trading.

₹1515 • Infosys

S1

S2

R1

R2

COMMENT

1465

1440

1520

1550

Near the resistance at 1520. Go long if this is breached and place stop-loss at 1495.

₹298 • ITC

S1

S2

R1

R2

COMMENT

295

292

300

305

Closed above resistance at 297 and is likely to go up. So, buy with stop-loss at 294.

₹133 • ONGC

S1

S2

R1

R2

COMMENT

128

125

134

140

Rejected by the barrier at 134. Might decline from here. Short with stop-loss at 140.

₹2503 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2500

2435

2550

2600

Buy the stock if it rallies past 2532. Stop-loss can be placed at 2500.

₹509 • SBI

S1

S2

R1

R2

COMMENT

500

489

520

530

Upmove gains momentum. Go long now and on dips at 500. Stop-loss can be kept at 492

₹3165 • TCS

S1

S2

R1

R2

COMMENT

3075

3030

3230

3300

Short the stock if it reverses lower from the resistance at 3230. Stop-loss can be at 3300.

16495 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16400

16300

16600

16700

Go long if the contract bounces off the current level. Place stop-loss at 16400.

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

comment COMMENT NOW