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:
₹1239 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1225 | 1210 | 1254 | 1270 | Initiate fresh long positions with a stiff stop-loss only if the stock rallies above ₹1,254 levels |
₹770 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
764 | 755 | 777 | 786 | Fresh short positions are recommended with a fixed stop-loss only if the stock of Infosys falls below ₹764 levels |
₹213 • ITC
S1 | S2 | R1 | R2 | COMMENT |
210 | 207 | 217 | 220 | Consider initiating fresh short positions with a tight stop-loss if the stock of ITC fails to move beyond ₹217 levels |
₹107 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
103 | 100 | 110 | 114 | Fresh long positions can be initiated with a fixed stop-loss only if the stock ONGC reverses higher from ₹103 levels |
₹1457 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1443 | 14430 | 1470 | 1485 | Initiate fresh long positions with a tight stop-loss only if the stock of RIL advances above ₹1,470 levels |
₹322 • SBI
S1 | S2 | R1 | R2 | COMMENT |
316 | 310 | 328 | 335 | Fresh long positions can be initiated with a stiff stop-loss if the stock rebounds up from ₹316 levels |
₹2128 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2105 | 2080 | 2150 | 2170 | Make use of intra-day rallies to go short while maintaining a tight stop-loss at ₹2,150 levels |
12136 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
12085 | 12035 | 12185 | 12230 | Consider initiating fresh long positions with a tight stop-loss only if the contract reverses higher from 12,085 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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