₹1396 • HDFC Bank

S1

S2

R1

R2

COMMENT

1380

1355

1405

1425

Initiate fresh long positions with a stop-loss at 1395 only if the stock breaks above 1405

₹1479 • Infosys

S1

S2

R1

R2

COMMENT

1465

1450

1500

1530

Near-term trend is down. Go short now and on a rise at 1495 with a stop-loss at 1510

₹272 • ITC

S1

S2

R1

R2

COMMENT

270

265

275

278

Key trend support ahead. Go long with a stop-loss at 268 if the stock bounces from 270.

₹150 • ONGC

S1

S2

R1

R2

COMMENT

148

145

153

158

Immediate trend is not clear. Can go either way. Avoid trading this stock for a while

₹2632 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2615

2600

2640

2665

Resistance ahead. Go short if the stock fails to break above 2640. Keep the stop-loss at 2655

₹468 • SBI

S1

S2

R1

R2

COMMENT

465

461

472

477

Wait for a rise and go short if the stock reverses lower from 472. Stop-loss can be kept at 474

₹3356 • TCS

S1

S2

R1

R2

COMMENT

3340

3320

3375

3390

Near-term trend is unclear. Avoid trading this stock until a clear trend and trade signal emerges

16530 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16450

16400

16570

16680

Initiate fresh short positions if the contract turns down from 16570. Keep the stop-loss at 16620

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

comment COMMENT NOW