Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2130 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2115 | 2103 | 2144 | 2158 | Consider initiating fresh long positions with a fixed stop-loss only if the stock rallies above ₹2,144 levels |
₹711 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
705 | 697 | 720 | 727 | Fresh short positions are recommended with a stiff stop-loss if the stock of Infosys falls below ₹705 levels |
₹293 • ITC
S1 | S2 | R1 | R2 | COMMENT |
290 | 287 | 296 | 299 | The stock tests a key resistance. Initiate fresh long positions with a tight stop-loss on a bounce from ₹290 |
₹153 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
150 | 147 | 155 | 158 | Fresh long positions can be initiated with a stiff stop-loss if the stock of ONGC advances above ₹155 levels |
₹1301 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1285 | 1270 | 1315 | 1330 | Near-term outlook is bullish for RIL. Make use of dips to buy with a fixed stop-loss at ₹1,285 levels |
₹286 • SBI
S1 | S2 | R1 | R2 | COMMENT |
281 | 276 | 294 | 300 | With good volume, the stock of SBI continues to trend upwards. Buy in declines with a stiff stop-loss at ₹281 levels |
₹2014 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1990 | 1970 | 2033 | 2050 | Consider initiating fresh long positions with a stiff stop-loss only if the stock moves beyond ₹2033 levels |
11202 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11150 | 11100 | 11250 | 11300 | Initiate fresh long positions with a tight stop-loss if the contract reverses higher from 11,150 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.