Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10477 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10440 | 10400 | 10516 | 10556 | Near-term view is bullish above 10,440 levels. Buy the contract in dips with a tight stop-loss |
S1 | S2 | R1 | R2 | COMMENT |
1810 | 1798 | 1830 | 1840 | Make use of intra-day dips to buy the stock while retaining a tight stop-loss at ₹1810 levels |
S1 | S2 | R1 | R2 | COMMENT |
920 | 910 | 930 | 940 | Initiate fresh long positions with a fixed stop-loss only if the stock advances above ₹930 levels |
₹269 • ITC
S1 | S2 | R1 | R2 | COMMENT |
267 | 265 | 271 | 274 | Fresh long positions are recommended with a stiff stop-loss only if the stock advances above ₹271 levels |
₹190 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
188 | 185 | 193 | 197 | Consider buying the stock of ONGC in intra-day declines while maintaining a fixed stop-loss at ₹188 levels |
₹952 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
940 | 930 | 960 | 970 | Make use of intra-day declines to go long in the stock of RIL with a stiff stop-loss placed at ₹940 levels |
₹319 • SBI
S1 | S2 | R1 | R2 | COMMENT |
315 | 310 | 324 | 330 | Initiate fresh long positions with a fixed stop-loss if the stock of SBI rebounds up from ₹315 levels |
₹2602 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2580 | 2560 | 2620 | 2640 | Fresh short positions can be initiated with a tight stop-loss if the stock declines below ₹2580 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.