₹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.