₹1490 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1460 | 1430 | 1505 | 1520 | Strong resistance ahead. Make use of rallies to go short at 1500 with a stop-loss at 1525. |
₹1722 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1700 | 1645 | 1760 | 1790 | In a strong downtrend. Go short with a stop-loss at 1725 only if the stock breaks below 1700 |
₹214 • ITC
S1 | S2 | R1 | R2 | COMMENT |
210 | 207 | 216 | 218 | Wait for a rise and go short if the stock reverses lower from 216. Keep the stop-loss at 219 |
₹165 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
162 | 160 | 168 | 171 | Outlook is unclear. Can go either way. Avoid trading this stock until a clear trend emerges. |
₹2368 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2350 | 2300 | 2410 | 2450 | Corrective rally possible. Initiate fresh long positions with a tight stop-loss at 2340 |
₹513 • SBI
S1 | S2 | R1 | R2 | COMMENT |
507 | 506 | 520 | 528 | Resistance ahead. Go short if the stock reverses lower from 520. Stop-loss can be kept at 523 |
₹3765 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3700 | 3665 | 3805 | 3850 | Downtrend is intact. Go short now and accumulate on rallies at 3795. Keep the stop-loss at 3820 |
17263 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
17185 | 17000 | 17450 | 17600 | On a corrective rally. Go short with a stop-loss at 17245 only if the contract breaks below 17185 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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