Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹858 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
845 | 830 | 875 | 890 | Initiate fresh long positions with a stiff stop-loss if the stock reverses higher from ₹845 levels |
₹670 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
660 | 650 | 680 | 690 | Make use of intra-day declines to buy the stock of Infosys while maintaining a fixed stop-loss at ₹660 levels |
₹175 • ITC
S1 | S2 | R1 | R2 | COMMENT |
173 | 170 | 179 | 182 | The stock is witnessing buying interest at lower levels. Buy in declines with a fixed stop-loss at ₹173 levels |
₹78 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
75 | 72 | 80 | 83 | Consider initiating fresh long positions with a stiff stop-loss only if the stock of ONGC moves beyond ₹80 levels |
₹1434 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1420 | 1405 | 1450 | 1465 | Fresh long positions can be initiated with a tight stop-loss only if the sock of RIL rallies above ₹1,450 levels |
₹153 • SBI
S1 | S2 | R1 | R2 | COMMENT |
147 | 142 | 158 | 164 | Consider initiating fresh long positions with a fixed stop-loss only if the stock of SBI moves beyond ₹158 levels |
₹1952 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1930 | 1910 | 1970 | 1990 | Initiate fresh long positions with a stiff stop-loss if the stock rebounds up from ₹1,930 levels |
9066 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
9000 | 8900 | 9125 | 9200 | Consider initiating fresh long positions with a tight stop-loss if the contract reverses higher from 9,000 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.