Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10264 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10220 | 10175 | 10310 | 10355 | Fresh short positions can be initiated with a tight stop-loss only if the contract declines below 10220 levels |
S1 | S2 | R1 | R2 | COMMENT |
1815 | 1805 | 1835 | 1846 | Initiate fresh short positions with a stiff stop-loss if the stock reverses down from ₹1835 levels |
S1 | S2 | R1 | R2 | COMMENT |
1000 | 990 | 1020 | 1030 | Make use of intra-day dips to buy the stock of Infosys while maintaining a fixed stop-loss at ₹1000 levels |
₹261 • ITC
S1 | S2 | R1 | R2 | COMMENT |
259 | 257 | 264 | 267 | Fresh short positions can be initiated with a stiff stop-loss if the stock fails to move beyond ₹264 levels |
₹182 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
179 | 177 | 185 | 188 | Initiate fresh long positions with a tight stop-loss if the stock of ONGC rebounds up from ₹179 levels |
₹915 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
905 | 895 | 925 | 934 | Fresh short positions can be initiated with a fixed stop-loss if the stock declines below ₹905 levels |
₹318 • SBI
S1 | S2 | R1 | R2 | COMMENT |
314 | 310 | 322 | 327 | Consider initiating fresh long positions with a tight stop-loss only if the stock advances above ₹322 levels |
₹2614 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2600 | 2580 | 2640 | 2660 | Fresh short positions are recommended with a stiff stop-loss only if the stock of TCS falls below ₹2600 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.