Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2102 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2090 | 2075 | 2115 | 2128 | Initiate fresh short positions with a tight stop-loss if the stock fails to move beyond ₹2,115 levels |
₹669 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
660 | 650 | 677 | 685 | Fresh long positions can be initiated with a stiff stop-loss if the stock of Infosys rebounds up from ₹660 levels |
₹284 • ITC
S1 | S2 | R1 | R2 | COMMENT |
280 | 278 | 286 | 289 | Make use of intra-day dips to buy the stock of ITC while maintaining a tight stop-loss at ₹280 levels |
₹147 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
145 | 142 | 149 | 152 | As long as the stock trades above ₹145, the near-term stance will remain positive. Buy in dips |
₹1103 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1090 | 1075 | 1118 | 1130 | Consider initiating fresh long positions with a tight stop-loss only if the stock of RIL moves beyond ₹1,118 levels |
₹305 • SBI
S1 | S2 | R1 | R2 | COMMENT |
299 | 294 | 310 | 316 | Make use of intra-day declines to buy the stock of SBI while retaining a fixed stop-loss at ₹299 levels |
₹1893 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1880 | 1860 | 1915 | 1935 | Initiate fresh long positions with a fixed stop-loss only if the stock of TCS advances above ₹1,915 levels |
10844 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10800 | 10750 | 10885 | 10930 | Make use of intra-day dips to buy the contract while maintaining a fixed stop-loss at 10,800 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.