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.
