₹1378 • HDFC Bank

S1

S2

R1

R2

COMMENT

1360

1340

1390

1400

Bias is bearish to see a fresh fall. Go short now and at 1385. Keep the stop-loss at 1395

₹1530 • Infosys

S1

S2

R1

R2

COMMENT

1495

1465

1550

1590

Initiate fresh long positions only if the stock breaks above 1550 with a stop-loss at 1540

₹275 • ITC

S1

S2

R1

R2

COMMENT

272

268

276

280

Wait for a dip and go long with a stop-loss at 269 only if the stock bounces back from 272

₹154 • ONGC

S1

S2

R1

R2

COMMENT

152

148

156

160

Resistance ahead. Go short if the stock reverses lower from 156. Stop-loss can be kept at 158

₹2767 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2700

2600

2820

2880

Corrective fall is possible. Wait for dips and go long near 2720. Keep the stop-loss at 2680

₹464 • SBI

S1

S2

R1

R2

COMMENT

456

450

466

480

The stock can fall from here. Initate fresh short positions with a tight stop-loss at 468

₹3430 • TCS

S1

S2

R1

R2

COMMENT

3400

3350

3480

3500

Initiate fresh short positions if the stock falls below 3400. Keep the stop-loss at 3420

16587 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16480

16400

16660

16700

Still stuck in a narrow range of 16,400-16,700. Wait for a breakout to get a clarity to trade.

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

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