Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10215 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10175 | 10125 | 10265 | 10310 | Initiate fresh short positions with a tight stop-loss if the contract fails to move beyond 10265 levels |
S1 | S2 | R1 | R2 | COMMENT |
1810 | 1800 | 1830 | 1840 | Fresh short positions can be initiated with a fixed stop-loss if the stock declines below ₹1810 levels |
S1 | S2 | R1 | R2 | COMMENT |
990 | 980 | 1011 | 1020 | Initiate fresh long positions with a stiff stop-loss if the stock of reverses higher from ₹990 levels |
₹259 • ITC
S1 | S2 | R1 | R2 | COMMENT |
257 | 254 | 262 | 264 | Fresh short positions are recommended with a stiff stop-loss only if the stock declines below ₹257 levels |
₹183 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
180 | 177 | 186 | 189 | Make use of intra-day dips to buy the stock of ONGC while maintaining a tight stop-loss at ₹180 levels |
₹914 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
905 | 895 | 925 | 934 | Consider initiating fresh short positions with a fixed stop-loss if the stock of RIL reverses down from ₹925 levels |
₹313 • SBI
S1 | S2 | R1 | R2 | COMMENT |
310 | 305 | 318 | 322 | Near-term view is negatively biased. Sell the stock in rallies with a tight stop-loss at ₹318 levels |
₹2627 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2610 | 2590 | 2650 | 2675 | Fresh long positions are recommended with a fixed stop-loss only if the stock climbs above ₹2650 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.