₹1482 • HDFC Bank

S1

S2

R1

R2

COMMENT

1460

1435

1505

1520

Limited room on the upside. Go short on rallies at 1500. Stop-loss can be placed at 1525

₹1687 • Infosys

S1

S2

R1

R2

COMMENT

1665

1640

1700

1725

Inititate fresh long positions with a stop-loss at 1680 only if the stock breaks above 1700

₹215 • ITC

S1

S2

R1

R2

COMMENT

212

210

216

218

Resistance ahead. Go long if the stock breaks above 216. Keep the stop-loss at 213

₹166 • ONGC

S1

S2

R1

R2

COMMENT

162

160

168

171

Outlook continues to remain unclear. Avoid trading this stock until a clear trend emerges.

₹2347 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2300

2270

2360

2390

Corrective rally looks likely. Go long now and on dips at 2315. Stop-loss can be kept at 2285

₹529 • SBI

S1

S2

R1

R2

COMMENT

524

519

531

537

Outlook is bullish. Go long now and accumulate dips at 525. Keep the stop-loss at 521

₹3652 • TCS

S1

S2

R1

R2

COMMENT

3600

3560

3685

3715

In a strong downtrend. Go short now and on rallies at 3680 with a stop-loss at 3705

17186 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

17000

16685

17230

17350

Initiate fresh short positions with a stop-loss at 17320 if the contract reverses lower from 17230

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

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