Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
10070
|
10035
|
10150
|
10200
|
Initiate fresh long positions with a fixed stop-loss if the contract rebounds up from 10,070 levels
|
₹1815 • HDFC Bank
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
1805
|
1795
|
1825
|
1835
|
Fresh long positions can be initiated with a stiff stop-loss only if the stock reverses higher from ₹1805 levels
|
₹927 • Infosys
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
920
|
910
|
940
|
950
|
Fresh long positions are recommended with a fixed stop-loss if the stock of Infosys moves beyond ₹940 levels
|
₹267 • ITC
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
265
|
263
|
269
|
272
|
Make use of intra-day dips to buy the stock while maintaining a tight stop-loss at ₹265 levels
|
₹169 • ONGC
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
167
|
165
|
172
|
174
|
Consider initiating fresh long positions with a tight stop-loss only if the stock climbs beyond ₹172 levels
|
₹872 • Reliance Ind.
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
860
|
850
|
880
|
890
|
Near-term outlook is bullish for the stock of RIL. Make use of intra-day dips to buy it with a stop-loss at ₹860 levels
|
₹251 • SBI
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
248
|
245
|
254
|
257
|
Initiate fresh long positions with a fixed stop-loss only if the stock of SBI moves beyond ₹254 levels
|
₹2548 • TCS
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
2530
|
2510
|
2570
|
2590
|
Utilise intra-day declines to buy the stock while maintaining a stiff stop-loss at ₹2430 levels
|
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
