Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹896 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
880 | 865 | 913 | 925 | Initiate fresh long positions with a stiff stop-loss if the stock reverses higher from ₹880 levels |
₹641 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
630 | 620 | 653 | 665 | Make use of intra-day dips to buy the stock while maintaining a fixed stop-loss at ₹630 levels |
₹181 • ITC
S1 | S2 | R1 | R2 | COMMENT |
177 | 173 | 185 | 189 | Consider initiating fresh long positions with a tight stop-loss only if the stock ITC moves above ₹185 levels |
₹73 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
70 | 66 | 75 | 79 | Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹75 levels |
₹1206 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1190 | 1170 | 1220 | 1240 | Near-term outlook is bullish for the stock of RIL. Buy in declines while retaining a stop-loss at ₹1,190 levels |
₹186 • SBI
S1 | S2 | R1 | R2 | COMMENT |
177 | 170 | 195 | 205 | Consider initiating fresh long positions with a stiff stop-loss if the stock of SBI advances above ₹195 levels |
₹1775 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1750 | 1725 | 1800 | 1825 | Initiate fresh long positions with a tight stop-loss only if the stock of TCS moves beyond ₹1,800 levels |
8875 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
8750 | 8650 | 9000 | 9100 | Fresh long positions can be initiated with a tight stop-loss if the contract rebounds up from 8,750 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.