Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1226 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1213 | 1200 | 1240 | 1255 | Initiate fresh long positions with a stiff stop-loss if the stock reverses higher from ₹1,213 levels |
₹800 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
790 | 782 | 806 | 815 | Go long only if the stock of Infosys moves above ₹806 levels while maintaining a fixed stop-loss |
₹206 • ITC
S1 | S2 | R1 | R2 | COMMENT |
204 | 201 | 210 | 213 | Consider initiating fresh long positions with a tight stop-loss only if the stock of ITC rebounds up from ₹204 |
₹101 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
98 | 95 | 104 | 107 | Fresh long positions are recommended with a fixed top-loss only if the stock climbs above ₹104 levels |
₹1504 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1490 | 1475 | 1516 | 1530 | Make use of intra-day dips to buy the stock of RIL while retaining a stiff stop-loss at ₹1,490 levels |
₹320 • SBI
S1 | S2 | R1 | R2 | COMMENT |
315 | 310 | 327 | 333 | Fresh long positions can be initiated with a stiff stop-loss if the stock of SBI bounces up from ₹315 levels |
₹2194 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2175 | 2150 | 2215 | 2235 | Fresh short positions are recommended with a fixed stop-loss only if the stock declines below ₹2,175 levels |
12142 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
12090 | 12045 | 12190 | 12240 | Consider initiating fresh long positions with a tight stop-loss if the contract reverses high from 12,090 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.