₹1387 • HDFC Bank

S1

S2

R1

R2

COMMENT

1360

1335

1405

1430

Immediate outlook is negative. Go short now and on a rise at 1395 with a stop-loss at 1415

₹1504 • Infosys

S1

S2

R1

R2

COMMENT

1485

1465

1520

1530

Can fall from here. But wait for a rise and go short at 1415 and 1425. Keep the Stop-loss at 1545

₹271 • ITC

S1

S2

R1

R2

COMMENT

270

268

273

275

Near-term outlook is not clear. Avoid trading this stock until a clear trend emerges

₹151 • ONGC

S1

S2

R1

R2

COMMENT

149

146

153

159

Initiate fresh long positions with a stop-loss at 151 only if the stock breaks above 153

₹2634 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2595

2550

2650

2685

Wait for a bounce and go short if RIL turns down from 2650. Stop-loss can be kept at 2670

₹468 • SBI

S1

S2

R1

R2

COMMENT

460

454

472

478

Near-term view is negative. Go short now and on a rise at 471 with a stop-loss at 474

₹3365 • TCS

S1

S2

R1

R2

COMMENT

3340

3320

3385

3405

Hovers below a crucial resistance. Initiate fresh short positions with a stop-loss at 3395

16555 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16530

16470

16700

16800

Stuck in a narrow range. Wait for a range breakout to get clarity on the next move

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

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