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₹1356 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1350 | 1320 | 1375 | 1410 | Outlook is bearish. Go short now and accumulate on a rise at 1370 with a stop-loss at 1390 |
₹1534 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1515 | 1500 | 1550 | 1575 | Can fall further from here. Go short now and at 1545. Stop-loss can be placed at 1565 |
₹260 • ITC
S1 | S2 | R1 | R2 | COMMENT |
259 | 256 | 264 | 266 | Key support ahead. Go short only if the stock breaks below 259. Keep the stop-loss at 261 |
₹162 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
158 | 156 | 165 | 168 | Wait for a rise and go short if the stock reverses lower from 165. Stop-loss can be kept at 167 |
₹2693 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2675 | 2620 | 2750 | 2800 | Poised above a crucial support. Go short with a stop-loss at 2710 only on a break below 2675. |
₹480 • SBI
S1 | S2 | R1 | R2 | COMMENT |
472 | 467 | 483 | 492 | Downtrend is intact. Go short now and accumulate at 481. Keep the stop-loss at 485 |
₹3482 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3450 | 3420 | 3500 | 3560 | Initiate fresh short positions with a stop-loss at 3470 only if the stock breaks below 3450. |
16717 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16560 | 16450 | 16850 | 16900 | Outlook has turned bearish. Go short now and on a rise at 16820. Keep the stop-loss at 16880 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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