Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2235 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2220 | 2205 | 2250 | 2266 | Initiate fresh long positions with a fixed stop-loss if the stock reverses higher from ₹2,220 levels |
₹789 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
783 | 776 | 795 | 802 | Make use of intra-day dips to buy the stock while retaining a stiff stop-loss at ₹783 levels |
₹257 • ITC
S1 | S2 | R1 | R2 | COMMENT |
254 | 251 | 260 | 263 | Fresh long positions can be initiated with a stiff stop-loss if the stock of ITC rebounds up from ₹254 levels |
₹130 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
128 | 125 | 134 | 137 | The stock tests a key support at current levels. Buy in declines while maintaining a stop-loss at ₹128 levels |
₹1151 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1135 | 1120 | 1165 | 1180 | Consider initiating fresh long positions with a tight stop-loss only if the stock of RIL climbs above ₹1,165 levels |
₹294 • SBI
S1 | S2 | R1 | R2 | COMMENT |
288 | 282 | 300 | 307 | Fresh long positions are recommended with a fixed stop-loss only if the stock of SBI moves beyond ₹300 levels |
₹2258 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2240 | 2220 | 2280 | 2300 | Near-term outlook is bullish for the stock of TCS. Buy in dips with a stiff stop-loss at ₹2,240 levels |
11063 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11010 | 10960 | 11115 | 11175 | Initiate fresh long positions with a tight stop-loss if the contract reverses higher from 11,010 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.