Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹2093 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
2080 | 2070 | 2105 | 2115 | Initiate fresh long positions with a stiff stop-loss only if the stock reverses higher from ₹2080 levels again |
₹1277 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1265 | 1255 | 1288 | 1298 | Fresh long positions can be initiated with a tight stop-loss if the stock advances above ₹1288 levels |
₹264 • ITC
S1 | S2 | R1 | R2 | COMMENT |
262 | 260 | 266 | 268 | Consider initiating fresh long positions with a stiff stop-loss only if the stock of ITC rallies above ₹266 levels |
₹158 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
156 | 154 | 161 | 164 | Fresh long positions are recommended with a fixed stop-loss only if the stock of ONGC moves beyond ₹161 levels |
₹978 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
966 | 955 | 990 | 1003 | Make use of intra-day rallies to sell the stock of RIL while maintaining a stiff stop-loss at ₹990 levels |
₹267 • SBI
S1 | S2 | R1 | R2 | COMMENT |
263 | 258 | 272 | 278 | Initiate fresh short positions with a tight stop-loss only if the stock of SBI fails to move beyond ₹272 levels |
₹1852 • TCS
S1 | S2 | R1 | R2 | COMMENT |
1830 | 1810 | 1870 | 1890 | Near-term stance is bullish for the stock. Buy in declines while retaining a fixed stop-loss at ₹1830 levels |
10766 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10720 | 10670 | 10806 | 10850 | Consider initiating fresh long positions with a tight stop-loss only if the contract climbs above 10,806 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
