₹1482 • HDFC Bank

S1

S2

R1

R2

COMMENT

1460

1440

1490

1510

View is negative. Can fall from here. Initiate fresh short positions with a stop-loss at 1505

₹1458 • Infosys

S1

S2

R1

R2

COMMENT

1445

1420

1470

1490

Narrow range is still intact. Go short with a stop-loss at 1455 only if a break below 1445 is seen.

₹326 • ITC

S1

S2

R1

R2

COMMENT

324

321

328

330

A near-term corrective fall is possible now. Initiate fresh short positions with a stop-loss at 329

₹133 • ONGC

S1

S2

R1

R2

COMMENT

132

130

135

138

Seems to be reversing higher. Go long if the stock breaks above 135. Keep the stop-loss at 133

₹2581 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2565

2525

2610

2660

Initiate fresh short positions only if the stock breaks below 2565. Stop-loss can be kept at 2580

₹533 • SBI

S1

S2

R1

R2

COMMENT

529

524

535

541

Outlook is bearish. Can see a fresh fall from here. Go short now and at 534 with a stop-loss at 537

₹3151 • TCS

S1

S2

R1

R2

COMMENT

3100

3080

3165

3200

Resistance ahead. Initiate fresh longs only if TCS breaks above 3165. Keep the stop-loss at 3155

17655 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17600

17500

17800

17900

Very volatile within a sideways range. Stay out of the market until a clear trend emerges.

S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

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