Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10320 • Nifty 50 Futures
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
10280 |
10230 |
10370 |
10410 |
Initiate fresh long positions with a tight stop-loss if the contract advances above 10370 levels |
₹1836 • HDFC Bank
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
1825 |
1815 |
1845 |
1855 |
Make use of intra-day declines to initiate fresh long positions in the stock with a stiff stop-loss at ₹1825 levels |
₹961 • Infosys
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
950 |
940 |
970 |
980 |
Fresh short positions are recommended with a fixed stop-loss only if the stock declines below ₹950 levels |
₹259 • ITC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
257 |
254 |
262 |
265 |
Initiate fresh long positions with a stiff stop-loss if the stock of ITC rebounds up from ₹257 levels |
₹180 • ONGC
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
177 |
174 |
182 |
185 |
Consider initiating fresh long positions with a stiff stop-loss if the stock reverses higher from ₹177 levels |
₹918 • Reliance Ind.
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
910 |
900 |
930 |
940 |
Utilise intra-day declines to initiate long positions while maintaining a fixed stop-loss at ₹910 levels |
₹333 • SBI
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
329 |
325 |
338 |
342 |
Initiate fresh short positions with a tight stop-loss if the stock of fails to move beyond ₹338 levels |
₹2704 • TCS
|
S1 |
S2 |
R1 |
R2 |
COMMENT |
|
2680 |
2660 |
2720 |
2740 |
Fresh short positions can be initiated with a stiff stop-loss if the stock reverses down from ₹2720 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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