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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:
9674 • Nifty 50 Futures
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
9625 |
9585 |
9705 |
9744 |
consider initiating fresh long positions with a tight stop-loss if the contract rebounds up from 9625 levels |
₹1687 • HDFC Bank
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
1680 |
1670 |
1700 |
1715 |
Fresh long positions can be initiated with a fixed stop-loss if the stock reverses higher from ₹1680 levels |
₹943 • Infosys
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
935 |
925 |
950 |
960 |
Initiate fresh long positions with a tight stop-loss only if the stock moves beyond ₹950 levels |
₹308 • ITC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
306 |
303 |
311 |
314 |
Consider initiating fresh short positions with a stiff stop-loss if the stock of ITC reverses down from ₹311 levels |
₹168 • ONGC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
166 |
164 |
172 |
175 |
Initiate fresh long positions with a tight stop-loss if the stock rebounds up from ₹166 levels |
₹1412 • Reliance Ind.
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
1395 |
1380 |
1425 |
1438 |
Fresh short positions are recommended with a fixed stop-loss only if the stock declines below ₹1395 levels |
₹290 • SBI
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
287 |
284 |
293 |
296 |
Make use of intra-day dips to buy the stock while maintaining a stiff stop-loss at ₹287 levels |
₹2441 • TCS
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
2420 |
2400 |
2460 |
2480 |
Fresh long positions are recommended with a fixed stop-loss only if the stock climbs above ₹2460 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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