₹1361 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1355 | 1340 | 1375 | 1390 | Initiate fresh short positions only on a break below 1355. Stop-loss can be kept at 1365 |
₹1533 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1520 | 1490 | 1565 | 1600 | Outlook is positive. Go long now and accumulate on dips at 1525 with a stop-loss at 1505 |
₹299 • ITC
S1 | S2 | R1 | R2 | COMMENT |
296 | 290 | 304 | 310 | Uptrend is intact. Initiate fresh longs now and on dips at 297. Keep the stop-loss at 293 |
₹133 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
131 | 128 | 137 | 141 | Has room to move up. Initiate fresh long positions at current levels with a stop-loss at 129. |
₹2487 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2465 | 2440 | 2520 | 2560 | Can see a fresh rise from here. Go long now and on dips at 2470. Keep the stop-loss at 2455 |
₹512 • SBI
S1 | S2 | R1 | R2 | COMMENT |
506 | 500 | 513 | 520 | Resistance ahead. Go long only if SBI breaks above 513. Stop-loss can be placed at 511 |
₹3178 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3160 | 3110 | 3220 | 3270 | Not much room left to rise. Initiate fresh long positions with a tight stop-loss at 3145. |
16616 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16500 | 16400 | 16680 | 16800 | Wait for a rise. Go short with a stop-loss at 16720 if the contract turns down from 16680. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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