Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1911 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1895 | 1880 | 1925 | 1940 | Consider initiating fresh short positions with a stiff stop-loss only if the stock declines below ₹1,895 levels |
₹666 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
655 | 644 | 676 | 686 | Fresh long positions are recommended with a tight stop-loss if the stock advances above ₹676 levels |
₹277 • ITC
S1 | S2 | R1 | R2 | COMMENT |
274 | 271 | 281 | 284 | Fresh short positions can be initiated with a fixed stop-loss if the stock of ITC fails to move beyond ₹281 levels |
₹154 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
151 | 148 | 158 | 161 | Consider initiating fresh long positions with a tight stop-loss if the stock of ONGC rebounds up from ₹151 levels |
₹1056 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1047 | 1030 | 1070 | 1085 | Make use of intra-day rallies to initiate fresh short positions while maintaining a fixed stop-loss at ₹1,070 levels |
₹285 • SBI
S1 | S2 | R1 | R2 | COMMENT |
280 | 275 | 290 | 295 | Initiate fresh long positions with a fixed stop-loss if the stock of SBI rebounds up from ₹280 levels |
₹1934 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1920 | 1900 | 1955 | 1975 | Fresh long positions can be initiated with a stiff stop-loss if the stock of TCS reverses higher from ₹1,920 levels |
10413 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10350 | 10300 | 10450 | 10500 | Initiate fresh long positions with a fixed stop-loss only if the contract rallies above 10,450 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.