Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10154 • Nifty 50 Futures
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
10100 |
10050 |
10200 |
10250 |
Make use of intra-day rallies to initiate fresh short positions in the contract with a fixed stop-loss at 10,200 levels |
₹1798 • HDFC Bank
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
1790 |
1780 |
1812 |
1822 |
Fresh short positions are recommended with a fixed stop-loss if the stock declines below ₹1790 levels |
₹951 • Infosys
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
940 |
930 |
960 |
970 |
Consider initiating fresh long positions with a stiff stop-loss only if the stock of moves beyond ₹960 levels |
₹252 • ITC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
250 |
247 |
256 |
259 |
Initiate fresh short positions with a tight stop-loss if the stock of ITC fails to rally above ₹256 levels |
₹177 • ONGC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
174 |
171 |
180 |
183 |
Near-term outlook is bearish for the stock of ONGC. Sell the stock in rallies with a fixed stop-loss at ₹180 levels |
₹882 • Reliance Ind.
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
875 |
865 |
895 |
905 |
Fresh long positions are recommended with a tight stop-loss only if the stock advances above ₹895 levels |
₹325 • SBI
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
320 |
315 |
330 |
3334 |
Make use of intra-day rallies to initiate fresh short positions in the stock while maintaining a stiff stop-loss at ₹330 |
₹2706 • TCS
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
2690 |
2670 |
2730 |
2750 |
Fresh short positions can be initiated with a tight stop-loss if the stock reverses down from ₹2730 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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