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₹1404 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1380 | 1355 | 1410 | 1435 | Initiate fresh long positions only if the stock breaks above 1410. Keep the stop-loss at 1395 |
₹1471 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1440 | 1400 | 1485 | 1520 | Wait for a rise and go short if the stock turns down from 1485. Stop-loss can be kept at 1505 |
₹304 • ITC
S1 | S2 | R1 | R2 | COMMENT |
303 | 301 | 307 | 310 | Uptrend is intact. Initiate fresh longs now and accumulate at 302 with a stop-loss at 299. |
₹129 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
127 | 124 | 132 | 136 | Can see a fresh fall from current levels. Go short now and at 131. Keep the stop-loss at 134 |
₹2419 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2400 | 2370 | 2445 | 2470 | Bouncing from a support. Go short with a stop-loss at 2415 only if RIL breaks below 2400 |
₹528 • SBI
S1 | S2 | R1 | R2 | COMMENT |
520 | 514 | 532 | 545 | Uptrend nears a resistance. Go short with a stop-loss at 535 if SBI reverses lower from 532 |
₹3188 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3150 | 3100 | 3200 | 3235 | Immediate outlook is not clear. Avoid trading this stock until a clear trade signal emerges |
16660 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16500 | 16420 | 16775 | 16870 | Range bound. Go short if the contract reverses down from 16775. Keep the stop-loss at 16820 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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