₹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.
Comments
- Copy link
- Telegram
Related Topics
Please Email the Editor
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.