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₹1305 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1290 | 1280 | 1320 | 1345 | Initiate fresh long positions with a stop-loss at 1305 only if the stock breaks above 1320. |
₹1489 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1475 | 1450 | 1510 | 1530 | Wait for a rise. Go short if the stock reverses lower from 1510. Keep the stop-loss at 1520 |
₹254 • ITC
S1 | S2 | R1 | R2 | COMMENT |
252 | 249 | 256 | 259 | Near-term outlook is bearish. Go short now and at 255. Stop-loss can be kept at 257 |
₹154 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
152 | 150 | 156 | 161 | Immediate outlook is unclear. Avoid trading this stock until a clear trend emerges |
₹2427 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2415 | 2370 | 2480 | 2500 | Poised above a support. Go short only on a break below 2415. Keep the stop-loss at 2430. |
₹455 • SBI
S1 | S2 | R1 | R2 | COMMENT |
454 | 450 | 460 | 470 | Initiate fresh short positions only if the stock breaks below 454. Keep the stop-loss at 457 |
₹3377 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3350 | 3300 | 3400 | 3450 | Range-bound between 3350 and 3450. Wait for the range breakout and trade accordingly. |
15865 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15730 | 15600 | 15930 | 16000 | Bias is negative. Go short now and on a rise at 15920. Keep the stop-loss at 15980 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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