Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2247 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2235 | 2220 | 2260 | 2275 | Consider initiating fresh long positions with a stiff stop-loss if the stock advances above ₹2,260 levels |
₹821 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
814 | 808 | 827 | 834 | Make use of intra-day declines to buy the stock while retaining a tight stop-loss at ₹814 levels |
₹243 • ITC
S1 | S2 | R1 | R2 | COMMENT |
240 | 238 | 245 | 248 | Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹245 levels |
₹119 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
116 | 113 | 122 | 125 | Utilise intra-day dips to buy the stock of ONGC while maintaining a tight stop-loss at ₹116 levels |
₹1201 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1185 | 1170 | 1215 | 1230 | Fresh long positions can be initiated with a stiff stop-loss if the stock of RIL moves beyond ₹1,215 levels |
₹274 • SBI
S1 | S2 | R1 | R2 | COMMENT |
268 | 262 | 280 | 287 | Initiate fresh long positions with a fixed stop-loss only if the stock of SBI climbs above ₹280 levels |
₹2246 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2225 | 2205 | 2265 | 2285 | Fresh long positions can be initiated with a stiff stop-loss if the stock reverses higher from ₹2,225 levels |
10886 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10835 | 10785 | 10930 | 10980 | Initiate fresh long positions with a fixed stop-loss in the contract rebounds up from 10,835 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.