Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2407 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2390 | 2375 | 2420 | 2435 | Make use of intra-day to rallies to initiate fresh short positions with a fixed stop-loss at ₹2,420 levels |
₹717 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
712 | 702 | 725 | 733 | Fresh short positions can be initiated with a stiff stop-loss only if the stock falls below ₹712 levels |
₹277 • ITC
S1 | S2 | R1 | R2 | COMMENT |
274 | 271 | 280 | 283 | Consider initiating fresh long positions with a fixed stop-loss if the stock of ITC moves beyond ₹280 levels |
₹152 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
149 | 146 | 155 | 158 | Near-term outlook is bearish for the stock of ONGC. Sell in rallies while retaining a fixed stop-loss at ₹155 levels |
₹1251 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1235 | 1220 | 1265 | 1280 | Initiate fresh short positions with a stiff stop-loss if the stock of RIL fails to move beyond ₹1,265 levels |
₹355 • SBI
S1 | S2 | R1 | R2 | COMMENT |
350 | 340 | 360 | 367 | The stock is experiencing selling pressure at higher levels. Sell in rallies with a tight stop-loss at ₹360 levels |
₹2176 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2155 | 2135 | 2195 | 2220 | Fresh long positions can be initiated with fixed stop-loss if the stock of TCS rebounds up from ₹2,155 levels |
11566 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11515 | 11465 | 11620 | 11670 | Fresh long positions are recommended with a tight stop-loss only if the contract advances above 11,620 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.