Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹895 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
885 | 870 | 908 | 920 | Consider initiating fresh short positions with a stiff stop-loss only if the stock declines below ₹885 levels |
₹637 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
626 | 613 | 650 | 662 | Fresh long positions are recommended with a fixed stop-loss only if the stock moves beyond ₹650 levels |
₹181 • ITC
S1 | S2 | R1 | R2 | COMMENT |
178 | 174 | 185 | 189 | Initiate fresh short positions with a tight stop-loss if the stock of ITC fails to rally above ₹185 levels |
₹75 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
72 | 68 | 78 | 81 | Fresh short positions can be initiated with a fixed stop-loss if the stock of ONGC falls below ₹72 levels |
₹1189 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1170 | 1150 | 1210 | 1230 | The stock continues to test a key resistance at ₹1,200. Initiate long positions with a fixed stop-loss above ₹1,210 |
₹183 • SBI
S1 | S2 | R1 | R2 | COMMENT |
177 | 170 | 190 | 200 | Initiate fresh long positions with a tight stop-loss only if the stock of SBI advances above ₹190 levels |
₹1758 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1740 | 1720 | 1780 | 1800 | Make use of intra-day dips to buy the stock of TCS while maintaining a fixed stop-loss at ₹1740 levels |
9011 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
8900 | 8800 | 9100 | 9200 | Fresh long positions are recommended with a tight stop-loss only if the contract rallies above 9,100 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.