Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2123 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2110 | 2095 | 2135 | 2150 | Initiate fresh long positions with a fixed stop-loss if the stock reverses higher from ₹2,110 levels |
₹754 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
746 | 738 | 760 | 767 | Make use of intra-day dips to buy the stock of Infosys while retaining a fixed stop-loss at ₹746 levels |
₹276 • ITC
S1 | S2 | R1 | R2 | COMMENT |
273 | 270 | 280 | 283 | Consider initiating fresh long positions with a stiff stop-loss if the stock of ITC moves beyond ₹280 levels |
₹148 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
145 | 142 | 150 | 153 | Fresh long positions can be initiated with a tight stop-loss if the stock of ONGC rebounds up from ₹145 levels |
₹1232 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1220 | 1205 | 1245 | 1260 | Fresh long positions are recommended with a fixed stop-loss only if the stock of RIL climbs above ₹1,245 levels |
₹270 • SBI
S1 | S2 | R1 | R2 | COMMENT |
265 | 260 | 275 | 282 | Initiate fresh long positions with a tight stop-loss only if the stock reverses higher from ₹265 levels |
₹1985 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1965 | 1945 | 2005 | 2025 | The stock is witnessing buying interest at lower levels. Buy in declines with a stiff stop-loss at ₹1,965 levels |
10887 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10840 | 10790 | 10935 | 10985 | Initiate fresh long positions with a tight stop-loss only if the contract reverses higher from 10,840 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.