Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2300 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2285 | 2270 | 2315 | 2330 | Consider initiating fresh short positions with a fixed stop-loss if the stock declines below ₹2,285 levels |
₹738 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
730 | 722 | 746 | 755 | Fresh long positions can be initiated with a tight stop-loss if the stock of Infosys reverses higher from ₹730 levels |
₹300 • ITC
S1 | S2 | R1 | R2 | COMMENT |
297 | 293 | 303 | 306 | Initiate fresh long positions with a stiff stop-loss if the stock of ITC advances above ₹303 levels |
₹156 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
153 | 150 | 159 | 163 | Fresh short positions are recommended with a tight stop-loss only if the stock falls below ₹153 levels |
₹1360 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1345 | 1330 | 1375 | 1390 | Initiate fresh long positions with a fixed stop-loss only if the stock of RIL moves beyond ₹1,375 levels |
₹318 • SBI
S1 | S2 | R1 | R2 | COMMENT |
310 | 303 | 325 | 332 | The stock tests a key resistance at current levels. Desist trading in the stock for the session |
₹2000 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1980 | 1960 | 2020 | 2040 | Initiate fresh long positions with a stiff stop-loss if the stock of TCS climbs above ₹2020 levels |
11569 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11520 | 11470 | 11610 | 11660 | Consider initiating fresh long positions with a tight stop-loss if the contract rallies above 11,610 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.