Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2415 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2400 | 2388 | 2430 | 2445 |
Fresh long positions are recommended with a fixed stop-loss only if the stock advances above ₹2,430 levels |
₹727 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
710 | 712 | 733 | 740 |
Initiate fresh long positions with a tight stop-loss if the stock reverses higher from ₹710 levels |
₹288 • ITC
S1 | S2 | R1 | R2 | COMMENT |
286 | 283 | 291 | 294 |
Make use of intra-day rallies to go short on the stock of ITC while maintaining a stiff stop-loss at ₹291 levels |
₹171 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
168 | 166 | 174 | 177 |
Initiate fresh short positions with a stiff stop-loss if the stock of ONGC fails to move beyond ₹174 levels |
₹1313 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1300 | 1285 | 1327 | 1340 |
Fresh short positions are recommended with a tight stop-loss only if the stock of RIL declines below ₹1,300 levels |
₹348 • SBI
S1 | S2 | R1 | R2 | COMMENT |
343 | 335 | 355 | 360 |
Consider going short with a fixed stop-loss if the stock of SBI fails to rally above ₹355 levels |
₹2105 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2085 | 2065 | 2125 | 2145 |
Make use of intra-day dips to initiate fresh long positions with a stiff stop-loss placed at ₹2,085 levels |
11862 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11815 | 11765 | 11900 | 11950 |
Consider initiating fresh long positions with a tight stop-loss if the contract moves beyond 11,900 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.