IFSC: Aircraft leasing gets a big boost
Around 80 per cent of the total commercial fleet in India is leased against 53 per cent of the same, globally
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1223 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1220 | 1208 | 1235 | 1260 | Initiate long positions at ₹1,220 levels with stop loss below the immediate support level of ₹1,208 |
₹785 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
775 | 765 | 802 | 810 | Go short with a fixed stop-loss if the stock of Infosys reverses down from ₹802 levels |
₹261 • ITC
S1 | S2 | R1 | R2 | COMMENT |
259 | 253 | 262 | 269 | Initate fresh long positions only if the stock of ITC moves beyond ₹262 with stop loss below the support at ₹259 |
₹128 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
125 | 122 | 131 | 134 | Initiate fresh short positions on intra-day rallies if the stock of ONGC fails to rally above ₹131 |
₹1311 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1290 | 1275 | 1320 | 1335 | Make use of intra-day correction to initiate fresh long positions with a fixed stop-loss |
₹254 • SBI
S1 | S2 | R1 | R2 | COMMENT |
250 | 244 | 263 | 270 | The stock of SBI looks weak and so initiate fresh short positions with stop-loss at ₹263 levels |
₹2060 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2040 | 2020 | 2080 | 2100 | Fresh short positions can be initiated on rallies with a fixed stop-loss above the resistance at ₹2,080 levels |
11361 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11330 | 11300 | 11380 | 11445 | Consider initiating fresh short positions with tight stop-loss on intra-day rallies until the resistance at 11,380 holds |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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