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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:
₹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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