Air India: Why the Maharaja is truly unique
The national carrier has been a patron of arts, an owner of hotels and investor in an international airline
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1199 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1186 | 1170 | 1213 | 1225 | Fresh long positions are recommended with a stiff stop-loss only if the stock rallies above ₹1,213 levels |
₹777 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
772 | 760 | 790 | 800 | Initiate fresh long positions with a tight stop-loss if the stock of Infosys breaks out of ₹780 |
₹197 • ITC
S1 | S2 | R1 | R2 | COMMENT |
196 | 193 | 201 | 204 | Initiate fresh short positions with stop-loss at ₹200 if the stock declines below ₹196 |
₹93 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
91 | 85 | 95 | 98 | Sell the stock of ONGC on rallies with a stop-loss at ₹97 as the trend remains considerably bearish |
₹1386 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1375 | 1360 | 1405 | 1420 | Near-term stance is bearish for the stock of RIL. Make use of intra-day rallies to go short with a stop-loss at ₹1,405 |
₹321 • SBI
S1 | S2 | R1 | R2 | COMMENT |
316 | 313 | 325 | 330 | Fresh short positions are recommended in the stock of SBI with a stop-loss at ₹326 as price action hints at a decline |
₹2105 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2080 | 2040 | 2120 | 2145 | Short-term trend is bearish. But sell the stock of TCS with stop-loss at ₹2120 only if the price slips below ₹2090 |
11618 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11600 | 11558 | 11670 | 11716 | The contract is hovering around an important support. Go long with tight stop-loss on a strong rally above 11,640 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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