₹1529 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1520 | 1490 | 1545 | 1575 |
Uptrend has reversed. Go short now and on a rise at 1540. Stop-loss can be placed at 1565 |
₹1895 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1870 | 1845 | 1915 | 1980 |
Resistance ahead. Go short with a stop-loss at 1935 if the stock reverses lower from 1915 |
₹224 • ITC
S1 | S2 | R1 | R2 | COMMENT |
221 | 218 | 226 | 230 |
Still stuck in a narrow range. Avoid trading this stock until a clear trade signal emerges |
₹163 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
160 | 158 | 164 | 166 |
Corrective fall looks likely. Go short on a break below 162. Keep the stop-loss at 165 |
₹2536 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2500 | 2475 | 2545 | 2560 |
Initiate fresh long positions if RIL breaks above 2545. Stop-loss can be placed at 2530 |
₹512 • SBI
S1 | S2 | R1 | R2 | COMMENT |
507 | 500 | 514 | 519 |
Consolidates higher. Go long only if SBI breaks above 514. Keep the stop-loss at 510 |
₹3898 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3875 | 3850 | 3930 | 3975 |
Outlook is positive. Go long now and accumulate on dips at 3880 with a stop-loss at 3860 |
18290 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
18200 | 18000 | 18310 | 18400 |
Initiate fresh long positions with a stop-loss at 18230 if the contract breaks above 18310 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on
January 13, 2022
