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:
₹1200 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1185 | 1170 | 1213 | 1225 | Initiate fresh short positions with stiff stop-loss if the stock fails to move beyond ₹1,213 levels |
₹798 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
790 | 780 | 806 | 815 | Consider initiating fresh short positions with a fixed stop-loss only if the stock declines below ₹790 levels |
₹201 • ITC
S1 | S2 | R1 | R2 | COMMENT |
199 | 197 | 204 | 207 | The stock tests a key support at around ₹200 and near-term view is neutral. Desist trading in it for the session |
₹97 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
95 | 92 | 100 | 104 | Fresh long positions are recommended with a tight stop-loss only if the stock of ONGC moves above ₹100 levels |
₹1416 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1400 | 1385 | 1430 | 1445 | Initiate fresh short positions with a fixed stop-loss only if the stock of RIL falls below ₹1,400 levels |
₹326 • SBI
S1 | S2 | R1 | R2 | COMMENT |
319 | 310 | 331 | 337 | Consider initiating fresh long positions with a tight stop-loss only if the stock of SBI advances above ₹331 levels |
₹2155 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2135 | 2115 | 2176 | 2200 | Initiate fresh long positions with a fixed stop-loss only if the stock of TCS climbs above ₹2,176 levels |
11816 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11770 | 11720 | 11865 | 11915 | Initiate fresh short positions with a tight stop-loss if the contract fails to move beyond ₹11,865 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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