Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1021 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1005 | 990 | 1036 | 1050 |
Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹1,036 levels |
₹631 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
620 | 610 | 640 | 650 |
The stock tests a key support at around ₹630. Go long with stiff stop-loss on a strong rally above ₹640 levels |
₹156 • ITC
S1 | S2 | R1 | R2 | COMMENT |
152 | 148 | 162 | 166 |
Consider initiating fresh long positions with a fixed stop-loss only if the stock of ITC climbs above ₹162 levels |
₹62 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
59 | 56 | 66 | 69 |
Initiate fresh long positions with a tight stop-loss if the stock of ONGC rebounds up from ₹59 levels |
₹1061 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1045 | 1030 | 1080 | 1100 |
A corrective rally is possible on a strong up-move above ₹1,080. Go long above this level with a fixed stop-loss |
₹212 • SBI
S1 | S2 | R1 | R2 | COMMENT |
207 | 200 | 220 | 228 |
Initiate fresh long positions with a tight stop-loss only if the stock of SBI moves beyond ₹220 levels |
₹1769 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1750 | 1725 | 1800 | 1830 |
Fresh short positions can be initiated with a fixed stop-loss if the stock fails to rally above ₹1,800 levels |
9546 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
9585 | 9420 | 9600 | 9670 |
Initiate fresh long positions with tight stop-loss only if the contract advances above 9,600 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.