₹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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