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Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
₹1162 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1150 | 1133 | 1170 | 1200 |
The trend is bullish for the stock. Initiate fresh long positions for intraday with stop-loss at ₹1,040 |
₹1066 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1050 | 1030 | 1085 | 1100 |
The stock has broken out of a short-term consolidation phase. Hence, buy with a stop-loss at ₹1,030 |
₹169 • ITC
S1 | S2 | R1 | R2 | COMMENT |
168 | 165 | 172 | 175 |
Initiate fresh short positions with a tight stop-loss if the stock of ITC falls below the support of ₹168 |
₹70 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
67 | 65 | 72 | 75 |
Since the stock is able to trade above ₹70, consider going long for intraday with tight stop-loss |
₹2257 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2240 | 2200 | 2300 | 2335 |
Consider initiating fresh long positions in the stock in intraday dips with a stop-loss at ₹2,200 |
₹190 • SBI
S1 | S2 | R1 | R2 | COMMENT |
187 | 183 | 194 | 200 |
The price action looks favourable and so go long in the stock in dips with stop-loss at ₹187 |
₹2736 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2700 | 2650 | 2750 | 2800 |
Consider initiating fresh long positions in TCS with a tight stop-loss if it breaks out of ₹2,750 |
11750 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11700 | 11675 | 11800 | 11850 |
Since the price action looks bullish, traders can buy the contract for intraday with stop-loss at 11,675 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
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