₹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.
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