Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2170 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2158 | 2144 | 2185 | 2200 | Near-term stance is bullish for the stock. Make use of intra-day dips to buy with a fixed stop-loss at ₹2,158 levels |
₹706 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
697 | 690 | 713 | 720 | Initiate fresh short positions with a stiff stop-loss if the stock fails to move beyond ₹713 levels |
₹294 • ITC
S1 | S2 | R1 | R2 | COMMENT |
292 | 289 | 297 | 300 | Consider initiating fresh long positions with a fixed stop-loss only if the stock of ITC rallies above ₹300 levels |
₹152 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
150 | 147 | 155 | 158 | The stock tests a key resistance. Go long with a tight stop-loss on a strong rally above ₹155 levels |
₹1329 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1315 | 1300 | 1345 | 1360 | Make use of intra-day declines to buy the stock of RIL while retaining a stiff stop-loss at ₹1,315 levels |
₹286 • SBI
S1 | S2 | R1 | R2 | COMMENT |
281 | 276 | 294 | 300 | Fresh long positions can be initiated with a fixed stop-loss if the stock of SBI rebounds up from ₹281 levels |
₹2012 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1990 | 1970 | 2033 | 2050 | Fresh short positions are recommended with a tight stop-loss only if the stock falls below ₹1,990 levels |
11336 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11280 | 11230 | 11380 | 11430 | Near-term outlook is bullish for the contract. Buy in declines while maintaining a tight stop-loss at 11,280 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.