Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2426 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2415 | 2404 | 2437 | 2450 | Fresh long positions can be initiated with a stiff stop-loss if the stock reverses higher from ₹2,415 levels |
₹754 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
747 | 740 | 760 | 765 | Make use of intra-day declines to buy the stock of Infosys while retaining a fixed stop-loss at ₹747 levels |
₹277 • ITC
S1 | S2 | R1 | R2 | COMMENT |
275 | 272 | 280 | 283 | Consider initiating fresh long positions with a tight stop-loss only if the stock of ITC rallies above ₹280 levels |
₹171 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
169 | 166 | 174 | 177 | Near-term view is positive for the stock of ONGC. Buy in dips with a fixed stop-loss placed at ₹169 levels |
₹1296 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1283 | 1268 | 1310 | 1325 | Fresh long positions are recommended with a stiff stop-loss only if the stock advances above ₹1,310 levels |
₹345 • SBI
S1 | S2 | R1 | R2 | COMMENT |
339 | 334 | 350 | 356 | Consider initiating fresh long positions with a tight stop-loss if the stock of SBI rebounds up from ₹339 levels |
₹2279 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2260 | 2240 | 2300 | 2325 | Outlook is bullish for the stock of TCS. Make use of declines to buy with a stiff stop-loss at ₹2,260 levels |
11849 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11800 | 11750 | 11900 | 11950 | Make use of intra-day dips to buy the contract while maintaining a tight stop-loss at 11,800 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.