Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2313 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2300 | 2285 | 2325 | 2335 | Initiate fresh long positions with a stiff stop-loss if the stock rebounds up from ₹2,300 levels |
₹734 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
726 | 720 | 740 | 747 | Make use of intra-day declines to buy the stock while maintaining a fixed stop-loss at ₹726 levels |
₹294 • ITC
S1 | S2 | R1 | R2 | COMMENT |
291 | 288 | 297 | 300 | Fresh long positions are recommended with a fixed stop-loss only if the stock of ITC moves beyond ₹297 levels |
₹165 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
163 | 160 | 169 | 172 | Initiate fresh long positions with a tight stop-loss if the stock of ONGC reverses higher from ₹163 levels |
₹1264 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1250 | 1235 | 1275 | 1290 | Consider initiating fresh long positions with a stiff stop-loss only if the stock of RIL rallies above ₹1,275 levels |
₹315 • SBI
S1 | S2 | R1 | R2 | COMMENT |
310 | 305 | 320 | 326 | Make use of intra-day dips to buy the stock of SBI while retaining a tight stop-loss at ₹310 levels |
₹2109 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2090 | 2070 | 2130 | 2150 | Initiate fresh long positions with a tight stop-loss if the stock climbs above ₹2,130 levels |
11285 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11240 | 11200 | 11325 | 11375 | Fresh long positions can be initiated with a fixed stop-loss if the contract reverses higher from 11,240 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.