Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10154 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10100 | 10050 | 10200 | 10250 | Make use of intra-day rallies to initiate fresh short positions in the contract with a fixed stop-loss at 10,200 levels |
S1 | S2 | R1 | R2 | COMMENT |
1790 | 1780 | 1812 | 1822 | Fresh short positions are recommended with a fixed stop-loss if the stock declines below ₹1790 levels |
S1 | S2 | R1 | R2 | COMMENT |
940 | 930 | 960 | 970 | Consider initiating fresh long positions with a stiff stop-loss only if the stock of moves beyond ₹960 levels |
₹252 • ITC
S1 | S2 | R1 | R2 | COMMENT |
250 | 247 | 256 | 259 | Initiate fresh short positions with a tight stop-loss if the stock of ITC fails to rally above ₹256 levels |
₹177 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
174 | 171 | 180 | 183 | Near-term outlook is bearish for the stock of ONGC. Sell the stock in rallies with a fixed stop-loss at ₹180 levels |
₹882 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
875 | 865 | 895 | 905 | Fresh long positions are recommended with a tight stop-loss only if the stock advances above ₹895 levels |
₹325 • SBI
S1 | S2 | R1 | R2 | COMMENT |
320 | 315 | 330 | 3334 | Make use of intra-day rallies to initiate fresh short positions in the stock while maintaining a stiff stop-loss at ₹330 |
₹2706 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2690 | 2670 | 2730 | 2750 | Fresh short positions can be initiated with a tight stop-loss if the stock reverses down from ₹2730 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.