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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:
₹2253 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2240 | 2225 | 2270 | 2285 | Fresh long positions are recommended with a stiff stop-loss if the stock rallies above ₹2,270 levels |
₹792 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
784 | 778 | 797 | 805 | Initiate fresh long positions with a tight stop-loss only if the stock reverses higher from ₹784 levels |
₹269 • ITC
S1 | S2 | R1 | R2 | COMMENT |
266 | 263 | 272 | 275 | Consider initiating fresh long positions with a fixed stop-loss if the stock of ITC rebounds up from ₹266 levels |
₹138 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
136 | 133 | 142 | 145 | Initiate fresh long positions with a stiff stop-loss only if the stock of ONGC advances above ₹142 levels |
₹1180 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1165 | 1150 | 1195 | 1210 | Near-term outlook is bearish for the stock of RIL. Make use of intra-day rallies to go short with a fixed stop-loss |
₹327 • SBI
S1 | S2 | R1 | R2 | COMMENT |
322 | 315 | 334 | 340 | Make use of intra-day rallies to initiate fresh short positions while maintaining a stiff stop-loss at ₹334 levels |
₹2179 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2160 | 2140 | 2200 | 2225 | Near-term stance is positive for the stock of TCS. Buy in declines with a fixed stop-loss at ₹2,160 levels |
11095 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11050 | 11000 | 11145 | 11195 | Consider initiating fresh short positions with a tight stop-loss if the contract falls below 11,095 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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