₹1311 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1305 | 1290 | 1325 | 1350 | Consolidating within the downtrend. Go short on a break below 1305. Stop-loss can be kept at 1315 |
₹1440 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1435 | 1400 | 1450 | 1475 | Looks vulnerable for a fresh fall. Initiate fresh short positions now and at 1448 with a stop-loss at 1460 |
₹265 • ITC
S1 | S2 | R1 | R2 | COMMENT |
263 | 260 | 269 | 272 | Wait for an intermediate bounce and initiate fresh short positions at 268. Keep the stop-loss at 271 |
₹156 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
152 | 148 | 158 | 161 | Near-term downtrend is intact. Initiate fresh short positions now and at 158 with a stop-loss at 160 |
₹2627 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2614 | 2550 | 2650 | 2680 | Holding above a support but can break it. Go short on a break below 2614. Stop-loss can be kept at 2630 |
₹448 • SBI
S1 | S2 | R1 | R2 | COMMENT |
444 | 440 | 451 | 455 | Resistance can cap the upside. A fresh fall is possible. Go short now and at 450 with a stop-loss at 453 |
₹3211 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3180 | 3150 | 3245 | 3300 | Resistance ahead. Go short only if the stock reverses lower from 3245. Keep the stop-loss at 3265 |
15742 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15660 | 15500 | 15820 | 15880 | Initiate fresh short positions with a stop-loss at 15720 only if the contract breaks below 15660. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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