Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2304 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2290 | 2275 | 3015 | 3027 | Initiate fresh long positions with a stiff stop-loss if the stock rebounds up from ₹2,290 levels |
₹723 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
717 | 710 | 733 | 740 | Consider initiating fresh long positions with a fixed stop-loss only if the stock moves beyond ₹733 levels |
₹307 • ITC
S1 | S2 | R1 | R2 | COMMENT |
305 | 302 | 310 | 313 | Fresh short positions can be initiated with a tight stop-loss if the stock of ITC fails to rally above ₹310 levels |
₹160 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
157 | 154 | 163 | 166 | Make use of intra-day dips to buy the stock of ONGC while maintaining a fixed stop-loss at ₹157 levels |
₹1345 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1332 | 1318 | 1357 | 1370 | Fresh long positions are recommended with a tight stop-loss only if the stock advances above ₹1,357 levels |
₹315 • SBI
S1 | S2 | R1 | R2 | COMMENT |
308 | 300 | 320 | 326 | Consider initiating fresh short positions with a stiff stop-loss if the stock of SBI falls below ₹308 levels |
₹2132 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2110 | 2090 | 2150 | 2170 | Initiate fresh long positions with a fixed stop-loss if the stock of TCS reverses higher from ₹2,110 levels |
11824 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11775 | 11725 | 11875 | 11925 | Initiate fresh long positions with a tight stop-loss if the contract reverses higher from 11,775 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.