₹1476 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1470 | 1445 | 1490 | 1520 | Crucial resistance ahead. Go short with a stop-loss at 1510 if the stock turns down from 1490 |
₹1918 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1870 | 1850 | 1925 | 1950 | Key resistance ahead. Go short with a stop-loss at 1935 only if the stock reverses lower from 1925. |
₹249 • ITC
S1 | S2 | R1 | R2 | COMMENT |
245 | 241 | 252 | 256 | Near-term top in place. Can see a correction. Go short now and at 251 with a stop-loss at 254 |
₹162 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
158 | 155 | 165 | 171 | Bearish view is intact. Go short now and accumulate at 164. Stop-loss can be kept at 167. |
₹2673 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2650 | 2600 | 2690 | 2725 | Seems to lack upside momentum. Go short with a stop-loss at 2670 if the stock breaks below 2650. |
₹494 • SBI
S1 | S2 | R1 | R2 | COMMENT |
489 | 485 | 497 | 500 | Outlook is negative. Initiate fresh short positions now and at 496. Keep the stop-loss at 499. |
₹3730 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3720 | 3690 | 3735 | 3760 | Initiate fresh long positions only if the stock breaks above 3735. Stop-loss can be kept at 3720 |
17493 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17400 | 17300 | 17550 | 17650 | Needs to gain momentum. Go long with a stop-loss at 17430 only on a break above 17550. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.