₹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.