Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10462 • Nifty 50 Futures
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
10420 |
10375 |
10505 |
10550 |
Consider initiating fresh long positions with a tight stop-loss only if the contract rallies above 10,505 levels |
₹1868 • HDFC Bank
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
1860 |
1850 |
1880 |
1890 |
Fresh short positions can be initiated with a stiff stop-loss if the stock declines below ₹1860 levels |
₹1021 • Infosys
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
1012 |
1002 |
1030 |
1040 |
Make use of intra-day dips to buy the stock of Infosys while maintaining a fixed stop-loss at ₹1012 levels |
₹263 • ITC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
261 |
265 |
266 |
269 |
Fresh long positions are recommended with a tight stop-loss only if the stock advances above ₹266 levels |
₹188 • ONGC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
185 |
182 |
191 |
194 |
Initiate fresh long positions with a fixed stop-loss if the stock of ONGC reverses higher from ₹185 levels |
₹913 • Reliance Ind.
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
905 |
895 |
922 |
930 |
Fresh short positions can be initiated with a tight stop-loss if the stock fails to move beyond ₹922 levels |
₹316 • SBI
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
312 |
308 |
320 |
325 |
Consider initiating fresh long positions with a stiff stop-loss only if the stock of SBI rallies above ₹320 levels |
₹2594 • TCS
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
2570 |
2550 |
2610 |
2630 |
Fresh long positions can be initiated with a fixed stop-loss if the stock breaches above ₹2610 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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