Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
₹1783 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1770 | 1755 | 1790 | 1810 | Range-bound. Avoid trading this stock until the range breakout gives a clear trading signal |
S1 | S2 | R1 | R2 | COMMENT |
1000 | 985 | 1020 | 1035 | Near-term view is positive. Go long and also accumulate on dips with a stop-loss at ₹995 |
S1 | S2 | R1 | R2 | COMMENT |
280 | 276 | 287 | 292 | Outlook is bearish. Go short and also accumulate on rallies with a stop-loss at ₹288 |
₹169 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
167 | 165 | 171 | 174 | Initiate fresh long positions with a stop-loss at ₹169 only if the stock breaks above ₹171. |
₹1614 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1600 | 1585 | 1630 | 1650 | Outlook is bullish. Initiate fresh long positions at current levels with a stop-loss at ₹1590. |
₹312 • SBI
S1 | S2 | R1 | R2 | COMMENT |
310 | 300 | 315 | 320 | Upmove has gained momentum. Initiate fresh long positions with a stop-loss at ₹309 |
₹2494 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2475 | 2450 | 2510 | 2540 | Go long only if the stock breaks above ₹2510. Keep the stop-loss at ₹2490 |
10103 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10075 | 10045 | 10120 | 10150 | Resistance ahead. Go long only if the contract breaks above 10,120. Keep the stop-loss at 10,090. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.