Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2267 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2250 | 2235 | 2280 | 2295 | Fresh long positions are recommended with a fixed stop-loss only if the stock advances above ₹2,280 levels |
₹721 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
713 | 705 | 730 | 736 | Initiate fresh long positions with a stiff stop-loss if the stock of Infosys rebounds up from ₹705 levels |
₹299 • ITC
S1 | S2 | R1 | R2 | COMMENT |
297 | 294 | 303 | 306 | Outlook is bullish for the stock of ITC. Make use of dips to buy the stock with a fixed stop-loss at ₹297 levels |
₹157 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
154 | 151 | 160 | 163 | Make use of intra-day rally to initiate fresh short positions while maintaining a tight stop-loss at ₹160 levels |
₹1375 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1360 | 1345 | 1387 | 1400 | Consider initiating fresh long positions with a stiff stop-loss if the stock of RIL climbs above ₹1,387 levels |
₹302 • SBI
S1 | S2 | R1 | R2 | COMMENT |
295 | 287 | 307 | 313 | Initiate fresh short positions with a tight stop-loss only if the stock of SBI falls below ₹295 levels |
₹2024 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2000 | 1980 | 2045 | 2065 | Fresh long positions can be initiated with a fixed stop-loss only if the stock moves beyond ₹2,045 levels |
11570 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11520 | 11475 | 11620 | 11670 | Consider initiating fresh long positions with a tight stop-loss only if the contract rallies above 11,620 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.