Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2396 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2380 | 2365 | 2410 | 2425 | Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹2,410 levels |
₹779 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
770 | 760 | 790 | 800 | Near-term outlook is bullish for the stock. Make use of dips to buy it with a stiff stop-loss at ₹770 levels |
₹270 • ITC
S1 | S2 | R1 | R2 | COMMENT |
267 | 264 | 273 | 276 | Make use of intra-day rallies to initiate fresh short positions while maintaining a fixed stop-loss at ₹273 levels |
₹150 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
147 | 145 | 153 | 156 | Consider initiating fresh long positions with a tight stop-loss if the stock of ONGC move beyond ₹153 levels |
₹1275 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1260 | 1245 | 1290 | 1305 | The stock has been in a narrow range over the past four trading sessions. Go long on a strong rally above ₹1,290 |
₹359 • SBI
S1 | S2 | R1 | R2 | COMMENT |
355 | 350 | 366 | 372 | Initiate fresh short positions with a fixed stop-loss only if the stock of SBI falls below ₹355 levels |
₹2145 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2125 | 2105 | 2165 | 2185 | Make use of intra-day dips to initiate fresh long positions while maintaining a stiff stop-loss at ₹2,125 levels |
11579 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11530 | 11480 | 11630 | 11683 | Consider initiating fresh long positions with a tight stop-loss if the contract advances above 11,630 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.