Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2248 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2234 | 2220 | 2263 | 2278 | Fresh long positions are recommended with a stiff stop-loss only if the stock rallies above ₹2,263 levels |
₹829 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
822 | 814 | 836 | 843 | The stock experiences selling interest at higher levels. Sell on rallies with a tight stop-loss at ₹836 levels |
₹245 • ITC
S1 | S2 | R1 | R2 | COMMENT |
241 | 239 | 247 | 250 | Consider initiating fresh long positions with a stiff stop-loss only if the stock moves beyond ₹247 levels |
₹129 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
126 | 123 | 132 | 135 | Initiate fresh long positions with a tight stop-loss if the stock of ONGC rebounds up from ₹126 levels |
₹1222 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1205 | 1190 | 1235 | 1250 | Fresh long positions can be initiated with a fixed stop-loss if the stock of RIL advances above ₹1,235 levels |
₹277 • SBI
S1 | S2 | R1 | R2 | COMMENT |
272 | 267 | 283 | 290 | Consider initiating fresh long positions with a tight stop-loss if the stock of SBI reverses higher from ₹272 levels |
₹2183 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2160 | 2140 | 2202 | 2225 | The stock is in a corrective decline. Go short with a fixed stop-loss on a decisive fall below ₹2,160 levels |
11025 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10975 | 10925 | 11075 | 11130 | Initiate fresh long positions with a tight stop-loss if the contract reverses higher from 10,975 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.