₹1363 • HDFC Bank

S1

S2

R1

R2

COMMENT

1350

1320

1380

1420

Near-term view is negative. Go short if the stock falls below 1350. Keep the stop-loss at 1365.

₹1507 • Infosys

S1

S2

R1

R2

COMMENT

1495

1470

1530

1555

Immediate outlook is unclear. Avoid trading this stock until a clear trade signal emerges.

₹274 • ITC

S1

S2

R1

R2

COMMENT

272

268

277

280

Near-term outlook is positive. Go long now and on dips at 273. Stop-loss can be placed at 269

₹162 • ONGC

S1

S2

R1

R2

COMMENT

155

150

164

169

Corrective fall is possible in the near-term. Go short now and at 163. Keep the stop-loss at 166.

₹2772 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2715

2670

2810

2875

Trend is up but can fall from here. Wait for dips to go long at 2725. Keep the stop-loss at 2690

₹463 • SBI

S1

S2

R1

R2

COMMENT

461

457

467

472

Wait for a rise and go short with a stop-loss at 469 only if the stock reverses lower from 467

₹3362 • TCS

S1

S2

R1

R2

COMMENT

3315

3265

3400

3450

Outlook is bearish. Initiate fresh short positions now and at 3385 with a stop-loss at 3410

16421 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16360

16300

16480

16620

Looks vulnerable for a fresh fall. Go short now and on a rise 16470. Keep the stop-loss at 16530

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

comment COMMENT NOW