₹1349 • 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. |
₹1527 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1500 | 1480 | 1535 | 1550 | Near-term outlook is negative. Initiate fresh short positions now with a stop-loss at 1555. |
₹256 • ITC
S1 | S2 | R1 | R2 | COMMENT |
252 | 248 | 258 | 262 | Go long in the stock if it breaks out of the hurdle at 258. Stop-loss can be at 254. |
₹159 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
156 | 152 | 162 | 165 | Outlook is negative. Go short now and on a rise at 162. Stop-loss can be placed at 166. |
₹2449 • 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 |
₹477 • SBI
S1 | S2 | R1 | R2 | COMMENT |
470 | 464 | 478 | 481 | Stock could fall from here. Initiate fresh short at current levels; stop-loss can be placed at 487. |
₹3412 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3385 | 3330 | 3470 | 3520 | There is a support at 3385. One can short afresh with stop-loss at 3420 once the price falls below 3385. |
16203 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16000 | 15800 | 16300 | 16385 | Go short at current level and on a rally to 16385 as the broader trend is bearish. Stop-loss at 16425. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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