₹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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