Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10344 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10300 | 10250 | 10390 | 10430 | Initiate fresh long positions with a tight stop-loss if the contract rebounds up from 10300 levels |
S1 | S2 | R1 | R2 | COMMENT |
1784 | 1770 | 1810 | 1820 | Fresh long positions are recommended with a stiff stop-loss only if the stock advances above ₹1810 levels |
S1 | S2 | R1 | R2 | COMMENT |
940 | 930 | 955 | 965 | Near-term view is bullish for the stock. Buy in declines while maintaining a tight stop-loss at ₹940 levels |
₹268 • ITC
S1 | S2 | R1 | R2 | COMMENT |
267 | 264 | 271 | 273 | The stock of ITC is range-bound. Desist trading in the stock for the session |
₹177 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
174 | 172 | 179 | 182 | Consider initiating fresh short positions with a tight stop-loss if the stock reverses down from ₹179 levels |
₹947 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
940 | 930 | 957 | 965 | Fresh long positions can be initiated with a fixed stop-loss if the stock of RIL advances above ₹957 levels |
₹320 • SBI
S1 | S2 | R1 | R2 | COMMENT |
315 | 305 | 326 | 335 | Make use of intra-day rallies to initiate fresh short positions while maintaining a stiff stop-loss at ₹326 levels |
₹2543 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2520 | 2500 | 2560 | 2580 | Initiate fresh short positions with a tight stop-loss if the stock fails to move beyond ₹2560 levels |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.