Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2310 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2295 | 2280 | 2322 | 2335 | Fresh short positions are recommended with a fixed stop-loss only if the stock falls below ₹2,295 levels |
₹755 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
747 | 740 | 764 | 774 | Near-term stance is bullish for the stock of Infosys. Buy in dips with a stiff stop-loss at ₹747 levels |
₹297 • ITC
S1 | S2 | R1 | R2 | COMMENT |
294 | 291 | 300 | 303 | Consider initiating fresh long positions with a tight stop-loss only if the stock rallies above ₹300 levels |
₹157 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
153 | 150 | 160 | 163 | Initiate fresh short positions with a fixed stop-loss if the stock of ONGC fails to move beyond ₹160 levels |
₹1391 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1375 | 1360 | 1405 | 1420 | As long as the stock trades above ₹1,375 the near-term view stays positive. Buy with a fixed stop-loss |
₹322 • SBI
S1 | S2 | R1 | R2 | COMMENT |
315 | 307 | 327 | 335 | Initiate fresh short positions with a tight stop-loss only if the stock of SBI declines below ₹315 levels |
₹2031 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2010 | 1990 | 2050 | 2070 | Make use of intra-day dips to buy the stock while maintaining a fixed stop-loss at ₹2,010 levels |
11748 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11700 | 11650 | 11800 | 11850 | Consider initiating fresh long positions with a fixed stop-loss if the contract advances above 11,800 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.