Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10404 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10360 | 10310 | 10450 | 10500 | Initiate fresh long positions with a tight stop-loss if the contract reverses higher from 10360 levels |
S1 | S2 | R1 | R2 | COMMENT |
1870 | 1860 | 1890 | 1900 | Consider initiating fresh long positions with a fixed stop-loss if the stock advances above ₹1890 levels |
S1 | S2 | R1 | R2 | COMMENT |
1005 | 992 | 1025 | 1035 | The stock experiences selling pressure at higher levels and due for a corrective decline. Sell in rallies |
₹263 • ITC
S1 | S2 | R1 | R2 | COMMENT |
261 | 265 | 266 | 269 | Fresh long positions are recommended with a fixed stop-loss only if the stock moves beyond ₹266 levels |
₹182 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
180 | 177 | 185 | 188 | Initiate fresh long positions with a tight stop-loss if the stock reverses higher from ₹180 levels |
₹919 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
910 | 900 | 929 | 937 | Make use of intra-day declines to buy the stock of RIL while maintaining a stiff stop-loss at ₹910 levels |
₹318 • SBI
S1 | S2 | R1 | R2 | COMMENT |
324 | 310 | 323 | 328 | Fresh long positions can be initiated with a tight stop-loss only if the stock of SBI climbs above ₹323 levels |
₹2577 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2558 | 2540 | 2600 | 2620 | Make use of intra-day dips to buy the stock of with a fixed stop-loss at ₹2558 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.