Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10351 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10300 | 10250 | 10390 | 10440 | Fresh long positions can be initiated with a stiff stop-loss if the contract rebounds up from 10,300 levels |
S1 | S2 | R1 | R2 | COMMENT |
1835 | 1825 | 1855 | 1865 | Near-term outlook is bullish for the stock. Buy in declines while maintaining a fixed stop-loss at ₹1835 levels |
S1 | S2 | R1 | R2 | COMMENT |
960 | 950 | 975 | 985 | Consider initiating fresh long positions with a stiff stop-loss only if the stock advances above ₹975 levels |
₹256 • ITC
S1 | S2 | R1 | R2 | COMMENT |
254 | 252 | 259 | 262 | Make use of intra-day rallies to initiate fresh short positions in the stock of ITC with a tight stop-loss at ₹259 |
₹180 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
177 | 174 | 182 | 185 | Fresh long positions can be initiated with a tight stop-loss if the stock climbs above ₹182 levels |
₹932 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
924 | 915 | 940 | 950 | Initiate fresh long positions with a stiff stop-loss if the stock of RIL reverses higher from ₹924 levels |
₹330 • SBI
S1 | S2 | R1 | R2 | COMMENT |
325 | 320 | 335 | 340 | Fresh short positions can be initiated with a fixed stop-loss if the stock fails to move beyond ₹335 levels |
₹2676 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2660 | 2640 | 2695 | 2718 | Consider initiating fresh short positions with a tight stop-loss if the stock declines below ₹2660 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.