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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:
₹1257 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1240 | 1225 | 1270 | 1286 | Initiate fresh long positions with a fixed stop-loss only if the stock moves beyond ₹1,270 levels |
₹718 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
710 | 700 | 725 | 734 | Fresh long positions are recommended with a stiff stop-loss if the stock of Infosys advances above ₹725 levels |
₹234 • ITC
S1 | S2 | R1 | R2 | COMMENT |
231 | 228 | 237 | 240 | Consider initiating fresh long positions with a fixed stop-loss if the stock of ITC rebounds up from ₹231 levels |
₹123 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
120 | 117 | 126 | 129 | Near-term outlook is bearish for the stock of ONGC. Sell on rallies while retaining a stiff stop-loss at ₹126 |
₹1513 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1497 | 1480 | 1530 | 1545 | Fresh long positions can be initiated with a tight stop-loss only if the stock of RIL advances above ₹1,530 levels |
₹319 • SBI
S1 | S2 | R1 | R2 | COMMENT |
311 | 304 | 326 | 334 | Initiate fresh long positions with a stiff stop-loss only if the stock of SBI advances above ₹326 levels |
₹2255 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2235 | 2215 | 2275 | 2295 | Make use of intra-day declines to buy the stock of TCS while maintaining a stop-loss at ₹2,215 levels |
12063 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
12010 | 11960 | 12110 | 12160 | Fresh long positions can be initiated with a tight stop-loss only if the contract rallies above 12,110 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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