Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
9799 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
9750 | 9700 | 9850 | 9900 | Fresh short positions can be initiated with a tight stop-loss if the contract reverses down from 9850 levels |
S1 | S2 | R1 | R2 | COMMENT |
1737 | 1725 | 1760 | 1773 | Initiate fresh short positions with a fixed stop-loss if the stock fails to rally beyond ₹1760 levels |
S1 | S2 | R1 | R2 | COMMENT |
920 | 910 | 940 | 950 | Make use of intra-day rallies to initiate fresh short positions while maintaining a stiff stop-loss at ₹940 levels |
₹280 • ITC
S1 | S2 | R1 | R2 | COMMENT |
277 | 274 | 283 | 286 | Consider initiating fresh long positions with a fixed stop-loss only if the stock moves above ₹283 levels |
₹157 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
155 | 152 | 159 | 162 | The stock has resumed its downtrend. Sell it in rallies while retaining a fixed stop-loss at ₹159 levels |
₹1531 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1510 | 1490 | 1550 | 1570 | Fresh short positions can be initiated with a tight stop-loss if the stock reverses down from ₹1550 levels |
₹276 • SBI
S1 | S2 | R1 | R2 | COMMENT |
273 | 270 | 279 | 282 | Fresh short positions are recommended with a stiff stop-loss only if the stock declines below ₹273 levels |
₹2474 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2460 | 2440 | 2494 | 2520 | Consider initiating fresh long positions with a stiff stop-loss only if the stock advances above ₹2494 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.