₹1322 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1295 | 1265 | 1345 | 1400 | Bouncing back from a trend support. Initiate fresh long positions with a stop-loss at 1280 |
₹1415 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1370 | 1325 | 1470 | 1530 | Wait for a rise and go short if the stock reverses lower from 1470. Keep the stop-loss at 1495 |
₹264 • ITC
S1 | S2 | R1 | R2 | COMMENT |
261 | 256 | 266 | 270 | Resistance ahead. Go short if only if the stock breaks below 261. Stop-loss can be kept at 263 |
₹134 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
130 | 126 | 139 | 141 | Limited room on the upside. Go short with a stop-loss at 141 if the stock turns down from 139 |
₹2543 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2485 | 2450 | 2575 | 2600 | Can fall further before reversing higher. Initiate fresh short positions with a stop-loss at 2590 |
₹434 • SBI
S1 | S2 | R1 | R2 | COMMENT |
428 | 424 | 440 | 447 | Short-term outlook is bearish. Go short now and on a rise at 438. Keep the stop-loss at 442 |
₹3113 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3090 | 3020 | 3180 | 3240 | Resistance can cap the upside. Wait for a rise and go short at 3175 with a stop-loss at 3205 |
15366 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15200 | 15000 | 15430 | 15650 | Stuck in a narrow range. Wait for the range breakout and take trades accordingly. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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