Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2122 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2110 | 2095 | 2135 | 2148 | Fresh long positions can be initiated with a stiff stop-loss if the stock rallies above ₹2,135 levels |
₹723 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
716 | 707 | 730 | 737 | Initiate fresh short positions with a tight stop-loss if the stock of Infosys reverses down from ₹730 levels |
₹290 • ITC
S1 | S2 | R1 | R2 | COMMENT |
287 | 284 | 293 | 296 | Make use of intra-day dips to buy the stock of ITC while maintaining a fixed stop-loss at ₹287 levels |
₹152 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
150 | 147 | 155 | 158 | Consider initiating fresh long positions with a stiff stop-loss only if the stock of ONGC moves beyond ₹155 levels |
₹1269 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1255 | 1240 | 1280 | 1295 | Fresh long positions can be initiated with a tight stop-loss if the stock of RIL rebounds up from ₹1,255 levels |
₹281 • SBI
S1 | S2 | R1 | R2 | COMMENT |
276 | 270 | 287 | 295 | Near-term stance is bullish for the stock of SBI. Buy in declines with a stiff stop-loss at ₹276 levels |
₹2011 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1990 | 1970 | 2030 | 2050 | Fresh long positions are recommended with a fixed stop-loss only if the stock of TCS climbs above ₹2030 levels |
11098 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11050 | 11000 | 11150 | 11200 | Make use of intra-day dips to go long on the contract while retaining a fixed stop-loss at 11,050 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.