Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹893 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
880 | 860 | 906 | 920 | Fresh short positions are recommended with a stiff stop-loss if the stock declines below ₹880 levels |
₹658 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
650 | 640 | 670 | 680 | Make use of intra-day rallies to initiate fresh short positions while maintaining a tight stop-loss at ₹670 levels |
₹163 • ITC
S1 | S2 | R1 | R2 | COMMENT |
161 | 158 | 166 | 169 | Initiate fresh long positions with a tight stop-loss only if the stock of ITC advances above ₹166 levels |
₹76 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
74 | 71 | 79 | 82 | Fresh short positions are recommended with a stiff stop-loss if the stock declines below ₹74 levels |
₹1435 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1420 | 1400 | 1450 | 1465 | Consider initiating fresh short positions with a tight stop-loss if the stock fails to move beyond ₹1,450 levels |
₹167 • SBI
S1 | S2 | R1 | R2 | COMMENT |
164 | 159 | 173 | 179 | Initiate fresh short positions with tight stop-loss if the stock of SBI falls below ₹164 levels |
₹1900 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1880 | 1850 | 1922 | 1945 | Consider initiating fresh short positions with a stiff stop-loss if the stock declines below ₹1,880 levels |
9143 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
9050 | 8950 | 9240 | 9340 | Initiate fresh short positions with tight stop-loss only if the contract declines below 9,050 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.