₹1485 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1450 | 1430 | 1510 | 1525 | Near-term view is negative. But, wait for a rise and go short at 1505. Keep the stop-loss at 1530. |
₹1734 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1725 | 1690 | 1750 | 1775 | Initiate fresh short positions with a stop-loss at 1740 only if the stock breaks below 1725. |
₹212 • ITC
S1 | S2 | R1 | R2 | COMMENT |
210 | 207 | 215 | 217 | Outlook is bearish. Go short now and accumulate on rallies at 215. Stop-loss can be kept at 218 |
₹165 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
163 | 160 | 168 | 171 | Fresh fall possible. Initiate fresh short positions now and on rallies at 167 with a stop-loss at 170 |
₹2380 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2350 | 2300 | 2385 | 2410 | Corrective bounce possible. Wait for a rise and go short at 2390. Keep the stop-loss at 2425 |
₹494 • SBI
S1 | S2 | R1 | R2 | COMMENT |
487 | 480 | 500 | 507 | Resistance can cap the upside. Go short now and on a rise at 498. Stop-loss can be placed at 502 |
₹3770 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3740 | 3690 | 3810 | 3850 | Short-term trend is down. Make use of rallies to go short at 3805. Keep the stop-loss at 3835. |
17102 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17000 | 16700 | 17200 | 17400 | Corrective bounce is possible. Go short now and accumulate on a rise at 17185 with a stop-loss at 17320 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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