Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1945 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1930 | 1915 | 1960 | 1975 | Consider initiating fresh long positions with a stiff stop-loss only if stock moves above ₹1,960 levels |
₹714 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
706 | 698 | 725 | 735 | Fresh short positions can be initiated with a fixed stop-loss if the stock falls below ₹706 levels |
₹273 • ITC
S1 | S2 | R1 | R2 | COMMENT |
270 | 267 | 276 | 280 | Initiate fresh long positions with a tight stop-loss if the stock of ITC reverses higher from ₹270 levels |
₹149 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
146 | 143 | 153 | 157 | Make use of intra-day dips to buy the stock of ONGC while maintaining a fixed stop-loss at ₹146 levels |
₹1107 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1090 | 1070 | 1120 | 1140 | The stock witnesses buying interest at lower levels. Buy in declines while retaining a stiff stop-loss at ₹1,090 |
₹266 • SBI
S1 | S2 | R1 | R2 | COMMENT |
262 | 257 | 272 | 280 | Fresh long positions can be initiated with a fixed stop-loss if the stock of SBI reverses higher from ₹262 levels |
₹2080 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2060 | 2040 | 2100 | 2123 | Initiate fresh short positions with a tight stop-loss if the stock of TCS falls below ₹2,060 levels |
10379 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10330 | 10275 | 10430 | 10480 | Fresh long positions can be initiated with a fixed stop-loss if the contract advances above 10,430 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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