Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2091 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2080 | 2070 | 2105 | 2124 | Fresh long positions are recommended with a fixed stop-loss only if the stock advances above ₹2,105 levels |
₹734 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
725 | 717 | 744 | 750 | Consider initiating fresh short positions with a stiff stop-loss if the stock of Infosys falls below ₹725 levels |
₹275 • ITC
S1 | S2 | R1 | R2 | COMMENT |
272 | 270 | 278 | 281 | Initiate fresh long positions with a tight stop-loss if the stock rebounds up from ₹272 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 moves beyond ₹150 levels |
₹1222 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1207 | 1195 | 1232 | 1245 | Go long if the stock decisively moves above ₹1,232 levels while maintaining a fixed stop-loss |
₹267 • SBI
S1 | S2 | R1 | R2 | COMMENT |
260 | 255 | 272 | 278 | Make use of intra-day dips to buy the stock of SBI while retaining a tight stop-loss at ₹260 levels |
₹2053 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2032 | 2010 | 2075 | 2100 | The stock of TCS faces a key resistance ahead. Go long if the stock reverses higher from ₹2,032 levels |
10809 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10760 | 10710 | 10855 | 10900 | Consider initiating fresh long positions with a fixed stop-loss if the contract reverses higher from 10,760 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.