Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10360 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10320 | 10260 | 10410 | 10450 | Consider initiating fresh short positions with a tight stop-loss if the contract declines below 10,320 levels |
S1 | S2 | R1 | R2 | COMMENT |
1860 | 1850 | 1880 | 1890 | Fresh long positions can be initiated with a stiff stop-loss if the stock rebounds up from ₹1,860 levels |
S1 | S2 | R1 | R2 | COMMENT |
975 | 965 | 995 | 1005 | Initiate fresh short position with a fixed stop-loss if the stock falls below ₹975 levels |
₹258 • ITC
S1 | S2 | R1 | R2 | COMMENT |
256 | 254 | 260 | 262 | Consider initiating fresh long positions with a stiff stop-loss only if the stock of ITC moves beyond ₹260 levels |
₹182 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
180 | 178 | 184 | 187 | Make use of intra-day dips to buy the stock while maintaining a tight stop-loss at ₹180 levels |
₹945 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
935 | 925 | 952 | 960 | Fresh long positions are recommended with a fixed stop-loss only if the stock of RIL climbs above ₹252 levels |
₹328 • SBI
S1 | S2 | R1 | R2 | COMMENT |
324 | 320 | 332 | 337 | Use intra-day rallies to initiate fresh short positions while retaining a fixed stop-loss at ₹332 levels |
₹2658 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2640 | 2520 | 2680 | 2700 | The stock witnesses selling pressure at higher level. Go short with a stiff stop-loss at ₹2680 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.