₹1341 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1315 | 1300 | 1350 | 1385 | Initiate fresh long positions with a stop-loss at 1335 only if the stock breaks above 1350. |
₹1554 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1530 | 1500 | 1590 | 1630 | Near-term outlook is negative. Initiate fresh short positions now with a stop-loss at 1580 |
₹260 • ITC
S1 | S2 | R1 | R2 | COMMENT |
256 | 253 | 263 | 267 | Short-term trend has reversed lower. Go short now and at 262. Keep the stop-loss at 265 |
₹154 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
150 | 144 | 156 | 162 | Outlook is negative. Go short now and on a rise at 155. Stop-loss can be placed at 158 |
₹2473 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2400 | 2345 | 2500 | 2550 | Downmove strengthens. Go short now and on a rise at 2490. Keep the stop-loss at 2520 |
₹475 • SBI
S1 | S2 | R1 | R2 | COMMENT |
470 | 464 | 478 | 481 | Fresh leg of fall begins. Go short now and at 477. Stop-loss can be placed at 480 |
₹3437 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3385 | 3330 | 3470 | 3520 | Corrective rise has ended. Initiate fresh short now and at 3465 with a stop-loss at 3485 |
16222 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16140 | 16000 | 16310 | 16420 | Can see a fresh fall from here. Go short now and at 16290. Keep the stop-loss at 16330 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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.