Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2067 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2055 | 2040 | 2080 | 2095 | Make use of intra-day rallies to sell the stock while maintaining a fixed stop-loss at ₹2080 levels |
₹1417 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1405 | 1390 | 1427 | 1438 | Initiate fresh long positions with a fixed stop-loss if the stock of Infosys rebounds up from ₹1,405 levels |
₹319 • ITC
S1 | S2 | R1 | R2 | COMMENT |
316 | 313 | 321 | 324 | Consider initiating fresh long positions with a tight stop-loss only if the stock of ITC moves beyond ₹321 levels |
₹177 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
174 | 171 | 180 | 183 | Fresh short positions can be initiated with a stiff stop-loss if the stock of ONGC falls below ₹174 levels |
₹1274 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1264 | 1250 | 1290 | 1305 | Initiate fresh long positions with a fixed stop-loss only if the stock of RIL advances above ₹1290 levels |
₹308 • SBI
S1 | S2 | R1 | R2 | COMMENT |
304 | 299 | 313 | 318 | Fresh long positions can be initiated with a stiff stop-loss the stock of SBI reverses higher from ₹304 level |
₹2079 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2060 | 2040 | 2100 | 2120 | The stock of TCS is hovering in the overbought levels. Desist trading in the stock for the session |
11676 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
11625 | 11575 | 11720 | 11760 | Consider initiating fresh long positions with a fixed stop-loss only if the contract rallies above 11,720 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
