₹1511 • HDFC Bank

S1

S2

R1

R2

COMMENT

1510

1500

1525

1550

Outlook is bullish. Go long now and accumulate on dips at 1510 with a stop-loss at 1505

₹1545 • Infosys

S1

S2

R1

R2

COMMENT

1530

1510

1555

1575

Trend is up. But wait for dips and go long at 1535. Stop-loss can be placed at 1520.

₹334 • ITC

S1

S2

R1

R2

COMMENT

332

330

337

340

Uptrend is intact. Go long now and accumulate on dips at 333. Keep the stop-loss at 331

₹134 • ONGC

S1

S2

R1

R2

COMMENT

132

129

136

138

Immediate outlook is unclear. Avoid trading this stock until a clear trend emergers

₹2620 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2605

2590

2655

2710

Wait for dips and go long with a stop-loss at 2585 if the stock reverses higher from 2605.

₹558 • SBI

S1

S2

R1

R2

COMMENT

554

551

560

563

Initiate fresh long positions only if the stock breaks above 560. Keep the stop-loss at 558

₹3229 • TCS

S1

S2

R1

R2

COMMENT

3205

3185

3265

3295

Wait for a near-term dip. Go long if the stock bounces from 3205 with a stop-loss at 3190

18108 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

18070

18000

18125

18200

Outlook is bullish. Go long now and on dips at 18085. Stop-loss can be kept at 18020

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

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