Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10472 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10425 | 10375 | 10520 | 10568 | Consider initiating fresh short positions with a tight stop-loss if the contract declines below 10,425 levels |
S1 | S2 | R1 | R2 | COMMENT |
1860 | 1850 | 1880 | 1890 | Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹1,880 levels |
S1 | S2 | R1 | R2 | COMMENT |
1020 | 1010 | 1038 | 1046 | Initiate fresh short positions with a stiff stop-loss if the stock of Infosys fails to move beyond ₹1,038 levels |
₹260 • ITC
S1 | S2 | R1 | R2 | COMMENT |
258 | 255 | 262 | 264 | Near-term outlook is bearish for the stock of ITC. Sell the stock in rallies with a stiff stop-loss at ₹262 levels |
₹196 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
194 | 191 | 200 | 203 | Make use of intra-day dips to initiate fresh long positions while maintaining a stiff stop-loss at ₹194 levels |
₹911 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
900 | 890 | 920 | 930 | Initiate fresh short positions with a fixed stop-loss only if the stock of RIL declines below ₹900 levels |
₹302 • SBI
S1 | S2 | R1 | R2 | COMMENT |
298 | 293 | 307 | 312 | Fresh short positions are recommended with a stiff stop-loss only if the stock drops below ₹298 levels |
₹2633 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2610 | 2590 | 2655 | 2675 | The stock witnesses selling pressure at higher levels. Go short in rallies with a fixed stop-loss at ₹2655 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.