Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10631 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10600 | 10565 | 10665 | 10700 | Fresh long positions can be initiated with a tight stop-loss if the contract rebounds up from 10,600 levels |
S1 | S2 | R1 | R2 | COMMENT |
1850 | 1840 | 1870 | 1880 | The stock witnesses selling pressure at higher levels. Go short if the stock reverses down from ₹1870 levels |
S1 | S2 | R1 | R2 | COMMENT |
1025 | 1015 | 1044 | 1055 | Near-term outlook is positively biased. Buy the stock of Infosys in declines with fixed stop-loss at ₹1025 levels |
₹265 • ITC
S1 | S2 | R1 | R2 | COMMENT |
263 | 260 | 267 | 270 | Fresh long positions can be initiated with a stiff stop-loss only if the stock of ITC advances above ₹267 levels |
₹197 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
195 | 193 | 200 | 203 | Initiate fresh long positions with a tight stop-loss if the stock of ONGC rebounds up from ₹195 levels |
₹928 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
920 | 910 | 939 | 950 | Make use of intra-day declines to buy the stock while maintaining a stiff stop-loss at ₹920 levels |
₹305 • SBI
S1 | S2 | R1 | R2 | COMMENT |
302 | 298 | 310 | 315 | Fresh long positions are recommended with a fixed stop-loss only if the stock moves beyond ₹310 levels |
₹2707 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2680 | 2660 | 2725 | 2745 | Consider initiating fresh long positions with a tight stop-loss if the stock reverses higher from ₹2680 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.