Trading call by Kumudini Shah: RIL, ONGC, ITC, HUL, NTPC

MUMBAI: "Nifty breached a wrong support on Monday at 2858. Currently the index is at 2789 levels; on the downside, we're seeing a weak support perch at 2,772. Major support for the index is way down at 2,665 levels. The movement of benchmark indices will be determined by Reliance and ONGC today," said ace stock tipper Kumudini Shah.

Stocks to watch out:

Reliance Industries (CMP on NSE at 11 PM - Rs 1287.15):

Support - NA; Resistance: 1312 - 1318

ONGC (CMP - Rs 672.05, down 2.2%):

Support - Rs 664; Resistance: Rs 690

ITC (CMP - Rs 180.90, down 0.14%):

Support - Rs 164; Resistance: Rs 188 - 192

HUL (CMP on BSE - Rs 253.95, down 0.7%):

Support - Rs 248.80; Resistance: Rs 260 - 270

NTPC (CMP on BSE - Rs 176, down 1.1%):

Support - Rs 164; Resistance: Rs 185