Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2084 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2070 | 2055 | 2097 | 2110 | Fresh short positions can be initiated with a fixed stop-loss if the stock fails to move beyond ₹2097 levels |
₹649 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
640 | 630 | 658 | 670 | Consider initiating fresh long positions with a stiff stop-loss if the stock of Infosys rallies above ₹658 levels |
₹276 • ITC
S1 | S2 | R1 | R2 | COMMENT |
273 | 270 | 279 | 283 | Fresh long positions are recommended with a fixed stop-loss only if the stock advances above ₹279 levels |
₹148 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
145 | 142 | 151 | 154 | Make use of intra-day dips to buy the stock of ONGC while maintaining a tight stop-loss at ₹145 levels |
₹1090 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1080 | 1065 | 1103 | 1118 | Initiate fresh long positions with a stiff stop-loss only if the stock of RIL moves beyond ₹1,103 levels |
₹292 • SBI
S1 | S2 | R1 | R2 | COMMENT |
287 | 282 | 299 | 305 | Fresh long positions are recommended with a tight stop-loss only if the stock rallies above ₹299 levels |
₹1915 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1900 | 1880 | 1940 | 1960 | Initiate fresh long positions with a fixed stop-loss if the stock manages to climb beyond ₹1,940 levels |
10681 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10630 | 10580 | 10735 | 10785 | Consider initiating fresh long positions with a tight stop-loss if the contract moves above ₹10,735 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.