₹1370 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1350 | 1330 | 1390 | 1410 | Hovers above a support. Go short only on a break below 1350. Keep the stop-loss at 1380 |
₹1720 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1695 | 1660 | 1740 | 1760 | Wait for a rise and go short on a reversal from 1740. Stop-loss can be placed at 1755 |
₹219 • ITC
S1 | S2 | R1 | R2 | COMMENT |
215 | 210 | 221 | 225 | Moving up within the sideways range. Go long now and at 216 with a stop-loss at 213 |
₹170 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
168 | 163 | 173 | 176 | Near-term view is positive. Initiate fresh long positions with a stop-loss at 166. |
₹2378 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2350 | 2300 | 2410 | 2470 | Turning down from a resistance. Go short now and at 2405. Keep the stop-loss at 2425 |
₹467 • SBI
S1 | S2 | R1 | R2 | COMMENT |
460 | 450 | 473 | 485 | Downtrend is intact. Go short now and at 471. Stop-loss can be kept at 478 |
₹3544 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3500 | 3450 | 3580 | 3620 | Immediate outlook is unclear. Avoid trading this stock until a clear trade signal emerges |
16527 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16450 | 16250 | 16630 | 16800 | Initiate fresh short positions with a stop-loss at 16580 only on a break below 16450 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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