Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2288 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2275 | 2260 | 2305 | 2320 | Fresh short positions are recommended with a stiff stop-loss if the stock declines below ₹2,275 levels |
₹716 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
710 | 704 | 722 | 730 | Initiate fresh long positions with a fixed stop-loss if the stock of Infosys reverses higher from ₹710 levels |
₹297 • ITC
S1 | S2 | R1 | R2 | COMMENT |
294 | 291 | 300 | 303 | Make use of intra-day dips to buy the stock of ITC while retaining a stiff stop-loss at ₹294 levels |
₹162 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
160 | 157 | 166 | 169 | Consider initiating fresh short positions with a tight stop-loss if the stock of ONGC fails to move beyond ₹166 |
₹1257 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1245 | 1230 | 1275 | 1290 | Initiate fresh long positions with a fixed stop-loss only if the stock of RIL moves beyond ₹1,275 levels |
₹311 • SBI
S1 | S2 | R1 | R2 | COMMENT |
306 | 300 | 318 | 325 | Fresh long positions can be initiated with a tight stop-loss if the stock rebounds up from ₹306 levels |
₹2094 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2075 | 2055 | 2115 | 2135 | Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹2,115 levels |
11177 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11138 | 11100 | 11225 | 11275 | Consider initiating fresh long positions with a tight stop-loss only if the contract advances above 11,225 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.