Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2101 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2085 | 2070 | 2115 | 2130 | Initiate fresh long positions with a stiff stop-loss if the stock reverses higher from ₹2,085 levels |
₹696 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
685 | 675 | 705 | 715 | Near-term stance is bullish for the stock of Infosys. Buy in dips with a stop-loss at ₹685 levels |
₹275 • ITC
S1 | S2 | R1 | R2 | COMMENT |
272 | 269 | 278 | 281 | Consider initiating fresh long positions only if the stock of ITC advances above ₹278 levels |
₹143 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
140 | 137 | 145 | 148 | Fresh long positions are recommended with a fixed stop-loss only if the stock moves beyond ₹145 levels |
₹1106 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1095 | 1080 | 1125 | 1140 | The stock tests a key resistance now. Go long with a stiff stop-loss if the stock climbs above ₹1,125 levels |
₹288 • SBI
S1 | S2 | R1 | R2 | COMMENT |
283 | 276 | 294 | 300 | Fresh long positions can be initiated with a tight stop-loss if the stock of SBI rebounds up from ₹283 levels |
₹1983 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1960 | 1940 | 2000 | 2020 | Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹2,000 levels |
10824 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10775 | 10725 | 10875 | 10930 | Consider initiating fresh long positions with a tight stop-loss if the contract reverses higher from 10,775 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.