Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1244 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1230 | 1215 | 1260 | 1275 | Consider initiating fresh long positions with a stiff stop-loss only if the stock moves beyond ₹1,260 levels |
₹784 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
776 | 768 | 792 | 800 | Make use of intra-day dips to buy the stock while retaining a fixed stop-loss at ₹776 levels |
₹216 • ITC
S1 | S2 | R1 | R2 | COMMENT |
212 | 209 | 219 | 223 | Fresh long positions are recommended with a tight stop-loss only if the stock of ITC advances above ₹219 levels |
₹106 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
103 | 100 | 110 | 114 | Initiate fresh long positions with a tight stop-loss if the stock moves beyond ₹110 levels |
₹1448 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1435 | 1420 | 1460 | 1475 | Fresh long positions can be initiated with a stiff stop-loss only if the stock climbs above ₹1,460 levels |
₹310 • SBI
S1 | S2 | R1 | R2 | COMMENT |
305 | 298 | 317 | 323 | Fresh long positions are recommended with a fixed stop-loss only if the stock of SBI jumps above ₹317 levels |
₹2145 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2125 | 2105 | 2165 | 2185 | Consider initiating fresh long positions with a tight stop-loss if the stock of TCS reverses higher from ₹2,125 levels |
12086 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
12035 | 11980 | 12135 | 12185 | Near-term stance remains positive as long as the contract trades above 12,035 levels. Buy in dips with tight stop-loss |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.