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Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2096 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2082 | 2067 | 2108 | 2120 | Fresh long positions are recommended with a stiff stop-loss if the stock moves beyond ₹2,108 levels |
₹1424 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1412 | 1400 | 1438 | 1450 | Initiate fresh long positions with a fixed stop-loss if the stock of Infosys rebounds up from ₹1,412 levels |
₹311 • ITC
S1 | S2 | R1 | R2 | COMMENT |
309 | 306 | 314 | 317 | Make use of intra-day rallies to initiate fresh short positions while maintaining a stiff stop-loss at ₹314 levels |
₹174 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
172 | 169 | 177 | 180 | Initiate fresh short positions with a tight stop-loss if the stock of ONGC fails to rally above ₹177 levels |
₹1318 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1304 | 1290 | 1330 | 1345 | Consider initiating fresh short positions with a fixed stop-loss only if the stock of RIL declines below ₹1,304 levels |
₹304 • SBI
S1 | S2 | R1 | R2 | COMMENT |
299 | 294 | 309 | 316 | Fresh long positions can be initiated with a fixed stop-loss only if the stock of SBI advances above ₹309 levels |
₹2065 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2045 | 2025 | 2080 | 2100 | Initiate fresh long positions with a stiff stop-loss if the stock climbs above ₹2080 levels |
11752 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11700 | 11650 | 11800 | 11840 | Fresh long positions can be initiated with a fixed stop-loss if the contract reverses higher from 11,700 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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