Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2176 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2165 | 2150 | 2190 | 2205 | The stock witnesses selling pressure at higher levels. Go short with a fixed stop-loss if it fails to move beyond ₹2190 levels |
₹1322 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1310 | 1295 | 1335 | 1350 | Initiate fresh long positions with a stiff stop-loss only if the stock of Infosys advances above ₹1,335 levels |
₹268 • ITC
S1 | S2 | R1 | R2 | COMMENT |
266 | 263 | 271 | 274 | Consider initiating fresh short positions with a tight stop-loss if the stock fails to move beyond ₹271 levels |
₹160 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
157 | 154 | 163 | 166 | The stock experiences buying interest at lower levels. It gained 2.7 per cent last session. Buy in declines |
₹1090 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1075 | 1060 | 1105 | 1120 | Fresh long positions are recommended with a stiff stop-loss only if the stock RIL rallies above ₹1105 levels |
₹259 • SBI
S1 | S2 | R1 | R2 | COMMENT |
254 | 250 | 265 | 270 | Initiate fresh long positions with a stiff stop-loss only if the stock of SBI reverses higher from ₹254 levels |
₹1997 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1980 | 1960 | 2020 | 2040 | Fresh long positions can be initiated with a tight stop-loss if the stock rebounds up from ₹1,980 levels |
10978 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10930 | 10880 | 11025 | 11070 | Initiate fresh long positions with a fixed stop-loss only if the contract advances above 11,025 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.