Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹901 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
885 | 870 | 915 | 930 | Consider initiating fresh long positions with a stiff stop-loss only if the stock moves beyond ₹915 levels |
₹687 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
678 | 670 | 695 | 705 | Fresh long positions can be initiated with a tight stop-loss if the stock of Infosys reverses higher from ₹678 levels |
₹165 • ITC
S1 | S2 | R1 | R2 | COMMENT |
162 | 159 | 167 | 170 | Make use of intra-day dips to buy the stock of ITC while maintaining a fixed stop-loss at ₹162 levels |
₹76 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
74 | 71 | 79 | 82 | Fresh long positions are recommended with a stiff stop-loss only if the stock advances above ₹79 levels |
₹1480 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1460 | 1440 | 1500 | 1520 | Consider initiating fresh long positions with a fixed stop-loss only if the stock of RIL rallies above ₹1,500 levels |
₹166 • SBI
S1 | S2 | R1 | R2 | COMMENT |
160 | 155 | 170 | 176 | Fresh long positions can be initiated with a tight stop-loss only if the stock of SBI gains above ₹170 levels |
₹1948 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1930 | 1910 | 1970 | 1990 | Make use of intra-day declines to buy the stock while retaining a fixed stop-loss at ₹1,930 levels |
9212 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
9140 | 9050 | 9300 | 9375 | Consider initiating fresh long positions with a tight stop-loss only if the contract climbs above 9,300 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.