Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10743 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10695 | 10650 | 10775 | 10810 | Near-term view stays as long as the contract trades above 10,695 levels. Buy in dips with a fixed stop-loss |
S1 | S2 | R1 | R2 | COMMENT |
1885 | 1875 | 1905 | 1915 | Make use of intra-day declines to buy the stock while retaining a stiff stop-loss at ₹1,885 levels |
S1 | S2 | R1 | R2 | COMMENT |
1070 | 1060 | 1090 | 1100 | Fresh short positions are recommended with a fixed stop-loss only if the stock falls below ₹1070 levels |
₹267 • ITC
S1 | S2 | R1 | R2 | COMMENT |
265 | 263 | 269 | 272 | Initiate fresh long positions with a tight stop-loss if the stock of ITC bounces up from ₹265 levels |
₹196 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
194 | 191 | 200 | 203 | Make use of intra-day rallies to initiate fresh short position with a fixed stop-loss at ₹200 levels |
₹947 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
937 | 930 | 955 | 965 | Initiate fresh long positions with a stiff stop-loss only if the stock of RIL climbs above ₹955 levels |
₹302 • SBI
S1 | S2 | R1 | R2 | COMMENT |
295 | 290 | 306 | 310 | Fresh short positions are recommended with a tight stop-loss only if the stock drops below ₹295 levels |
₹2747 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2730 | 2710 | 2770 | 2790 | Consider initiating fresh long positions with a stiff stop-loss if the stock reverses higher from ₹2730 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.