₹1327 • HDFC Bank

S1

S2

R1

R2

COMMENT

1310

1290

1335

1360

Initiate fresh short positions if the stock reverses lower from 1335. Keep the stop-loss at 1345

₹1424 • Infosys

S1

S2

R1

R2

COMMENT

1410

1400

1440

1450

Outlook is negative. Wait for a rise and go short at 1435 and 1445. Stop-loss can be kept at 1460

₹265 • ITC

S1

S2

R1

R2

COMMENT

263

259

267

269

Near-term bounce is possible. Wait for higher levels and go short only at 268 with a stop-loss at 271

₹160 • ONGC

S1

S2

R1

R2

COMMENT

156

152

163

167

Trend has turned down. Initiate fresh shorts now and accumulate at 162. Keep the stop-loss at 165

₹2663 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2615

2570

2685

2721

Short-lived bounce is possible. Go short now and accumulate at 2680. Stop-loss can be kept at 2705

₹446 • SBI

S1

S2

R1

R2

COMMENT

442

438

450

454

Outlook is bearish. Initiate fresh short positions now and at 449. Keep the stop-loss at 452

₹3220 • TCS

S1

S2

R1

R2

COMMENT

3190

3150

3260

3350

Resistance ahead. Wait for a rise and go short at 3255. Stop-loss can be placed at 3275

15790 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15730

15680

15950

16100

Short-term outlook is bearish. Go short now and on a rise at 15930. Keep the stop-loss at 16050

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

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