₹1304 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1290 | 1280 | 1315 | 1330 | Stock looks to fall from here. So, go short now and on a rally to 1315 with stop-loss at 1330. |
₹1468 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1450 | 1420 | 1485 | 1500 | Gain over last two sessions may not hold. One can short now with a stop-loss at 1490. |
₹274 • ITC
S1 | S2 | R1 | R2 | COMMENT |
270 | 265 | 280 | 285 | Despite correction, the trend is bullish. Go long with stop-loss at 265 if it bounces off 270. |
₹155 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
152 | 145 | 160 | 164 | Initiate fresh short positions with a stop-loss at 156 only if the stock breaks below 152. |
₹2607 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2550 | 2480 | 2650 | 2685 | Consider initiating fresh short positions if it reverses lower from 2650. Stop-loss at 2700. |
₹461 • SBI
S1 | S2 | R1 | R2 | COMMENT |
445 | 435 | 470 | 480 | Scrip likely to resume the downtrend. Short the stock with stop-loss at 475. |
₹3322 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3270 | 3175 | 3360 | 3440 | Wait for a rise and go short with a stop-loss at 3400 if the stock reverses lower from 3360. |
16165 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16000 | 15740 | 16400 | 16500 | Initiate fresh short positions at current level and on a rally to 16300. Stop-loss at 16500. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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