Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1863 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1852 | 1840 | 1875 | 1887 | Consider initiating fresh short positions with a stiff stop-loss only if the stock declines below ₹1852 levels |
₹1134 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1125 | 1114 | 1145 | 1155 | Make use of intra-day dips to buy the stock of Infosys while maintaining a fixed stop-loss at ₹1125 levels |
₹262 • ITC
S1 | S2 | R1 | R2 | COMMENT |
260 | 258 | 265 | 268 | Near-term outlook is bearish for the stock of ITC. Sell the stock in rallies with a fixed stop-loss at ₹265 levels |
₹187 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
185 | 185 | 190 | 194 | Initiate fresh long positions with a tight stop-loss only if the stock rebounds up from ₹185 levels |
₹919 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
910 | 900 | 930 | 940 | Fresh short positions are recommended with a stiff stop-loss only if the stock declines below ₹910 levels |
₹269 • SBI
S1 | S2 | R1 | R2 | COMMENT |
265 | 261 | 274 | 278 | Utilise intra-day declines to buy the stock of SBI while retaining a stiff stop-loss at ₹265 levels |
₹2945 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2925 | 2900 | 2965 | 2990 | Initiate fresh long positions with a tight stop-loss if the stock moves beyond ₹2965 levels |
10343 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10300 | 10250 | 10395 | 10440 | Consider initiating fresh short positions with a tight stop-loss if the contract fails to move beyond 10395 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
