₹1396 • HDFC Bank

S1

S2

R1

R2

COMMENT

1380

1355

1410

1420

Struggling to breach 1400 decisively. Go short now and at 1405. Stop-loss can be kept at 1417

₹1503 • Infosys

S1

S2

R1

R2

COMMENT

1480

1455

1520

1540

Near-term view is negative. Go short now and accumulate at 1515 with a stop-loss at 1530

₹301 • ITC

S1

S2

R1

R2

COMMENT

300

297

303

305

Uptrend is intact. Initiate fresh long positions now and at 300 with a stop-loss at 298

₹130 • ONGC

S1

S2

R1

R2

COMMENT

128

124

132

136

Has room to fall further from here. Go short with a stop-loss at 132 on a break below 128

₹2420 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2400

2375

2440

2470

Bias is negative to see a fresh fall. Go short now and at 2435. Keep the stop-loss at 2455

₹518 • SBI

S1

S2

R1

R2

COMMENT

510

507

520

528

Initiate fresh long positions only if SBI breaks above 520. Stop-loss can be placed at 518

₹3167 • TCS

S1

S2

R1

R2

COMMENT

3140

3100

3200

3220

Range bound. Go long only if the stock breaks below 3140. Keep the stop-loss at 3155

16620 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16550

16490

16685

16780

Can run into a fresh sell-off. Go short now and at 16660. Stop-loss can be placed at 16720

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

comment COMMENT NOW