₹1246 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1236 | 1200 | 1260 | 1275 | Since the stock is trading with positive momentum, go long in declines with stop-loss at ₹1,220 |
₹1148 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1120 | 1090 | 1162 | 1186 | The stock exhibits sluggishness. So, buy with stop-loss at ₹1,120 if only price breaks out of ₹1,150 |
S1 | S2 | R1 | R2 | COMMENT |
165 | 163 | 171 | 174 | As the stock continues to show downward bias, initiate fresh short positions with stop-loss at ₹170 |
S1 | S2 | R1 | R2 | COMMENT |
66.8 | 65.7 | 68.25 | 70 | Consider initiating fresh long positions with a tight stop-loss if the stock rallies above ₹68.25 |
₹2124 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2070 | 2000 | 2175 | 2220 | Bears seem to be gaining strength and hence, short the stock on rallies with stop-loss at ₹2,175 |
₹204 • SBI
S1 | S2 | R1 | R2 | COMMENT |
200 | 196 | 207 | 210 | Stock rebounding after a fall in yesterday's session indicate buying interest; So, buy with stop at ₹200 |
₹2675 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2640 | 2600 | 2720 | 2760 | Since the price action is bearish, fresh short positions can be initiated on rallies with stop-loss at ₹2,720 |
11927 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11870 | 11825 | 12000 | 12050 | Though trend is up, there is downward pressure as the contract rallies. Buy only on the break of 12,000 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.