₹1424 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1410 | 1380 | 1450 | 1480 | Trend is turning down. Go short now and on rallies at 1445. Keep the stop-loss at 1465 |
₹1839 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1810 | 1770 | 1870 | 1900 | Wait for a dip and go short with a stop-loss at 1835 only if the stock breaks below 1810 |
₹238 • ITC
S1 | S2 | R1 | R2 | COMMENT |
235 | 229 | 241 | 247 | Initiate fresh long positions with a stop-loss at 231 if the stock reverses higher from 235. |
₹164 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
160 | 156 | 167 | 171 | Outlook is bearish. Go short now and accumulate at 166. Stop-loss can be kept at 169 |
₹2363 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2330 | 2300 | 2375 | 2415 | Near-term view is negative. Initiate fresh short positions with a stop-loss at 2385 |
₹486 • SBI
S1 | S2 | R1 | R2 | COMMENT |
480 | 476 | 490 | 496 | Initiate fresh long positions with a stop-loss at 486 only if the stock breaks above 490. |
₹3595 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3575 | 3530 | 3645 | 3660 | Can see a fresh fall. Go short with a stop-loss at 3590 only if the stock breaks below 3575. |
16649 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16470 | 16250 | 16740 | 16830 | Bias can turn negative. Go short now and accumulate at 16720. Stop-loss can be kept at 16810 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Comments
- Copy link
- Telegram
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.