₹1382 • HDFC Bank

S1

S2

R1

R2

COMMENT

1360

1335

1400

1420

Near-term view is negative. Initiate fresh shorts at current levels with a tight stop-loss at 1405

₹1825 • Infosys

S1

S2

R1

R2

COMMENT

1810

1790

1840

1875

Near-term top is likely. Go short now and accumulate at 1835. Keep the stop-loss at 1855

₹232 • ITC

S1

S2

R1

R2

COMMENT

228

225

235

237

Key resistances coming up. Go short with a stop-loss at 238 if the stock turns down from 235.

₹174 • ONGC

S1

S2

R1

R2

COMMENT

172

167

177

182

Initiate fresh short positions with a stop-loss at 175 only if the stock breaks below 172.

₹2393 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2345

2320

2400

2425

Resistance ahead. Go long only if the stock breaks above 2400. Stop-loss can be kept at 2370

₹469 • SBI

S1

S2

R1

R2

COMMENT

460

454

473

478

Can see a corrective fall. Go short now and on a rise at 471. Keep the stop-loss at 476

₹3620 • TCS

S1

S2

R1

R2

COMMENT

3580

3550

3655

3700

Trend is turning down. Go short now and on a rise at 3645. Stop-loss can be kept at 3670

16566 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

16460

16300

16750

16830

Bias is negative. Go short now and on a rise at 16680. Keep the stop-loss at 16780.

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

comment COMMENT NOW