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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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