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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:
₹2112 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2100 | 2085 | 2125 | 2132 | Consider initiating fresh short positions a stiff stop-loss only if the stock falls below ₹2100 levels |
₹667 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
662 | 654 | 676 | 682 | Initiate fresh long positions with a fixed stop-loss if the stock of Infosys rallies above ₹676 levels |
₹278 • ITC
S1 | S2 | R1 | R2 | COMMENT |
276 | 273 | 281 | 284 | Initiate fresh short positions with a tight stop-loss if the stock of ITC fails to move beyond ₹281 levels |
₹143 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
140 | 137 | 146 | 149 | Fresh short positions can be initiated with a tight stop-loss if the stock reverses down from ₹146 levels |
₹1091 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1075 | 1060 | 1105 | 1120 | Fresh short positions are recommended with a fixed stop-loss only if the stock declines below ₹1075 levels |
₹291 • SBI
S1 | S2 | R1 | R2 | COMMENT |
286 | 280 | 297 | 303 | Make use of intra-day rallies to initiate short positions while maintaining a fixed stop-loss at ₹297 levels |
₹1896 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1870 | 1850 | 1920 | 1940 | Consider initiating fresh short positions a tight stop-loss only if the stock declines below ₹1,870 levels |
10718 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10670 | 10620 | 10770 | 10825 | Consider initiating fresh long positions with a fixed stop-loss only if the contract advances above 10,770 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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