Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:
10138 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
10100 | 10050 | 10167 | 10200 | Consider initiating fresh long positions with a tight stop-loss only if the contract advances above 10167 levels |
S1 | S2 | R1 | R2 | COMMENT |
1830 | 1820 | 1850 | 1860 | Initiate fresh short positions with a stiff stop-loss if the stock reverses down from ₹1850 levels |
S1 | S2 | R1 | R2 | COMMENT |
900 | 890 | 920 | 930 | Fresh long positions can be initiated with a fixed stop-loss only if the stock advances above ₹920 levels |
₹269 • ITC
S1 | S2 | R1 | R2 | COMMENT |
266 | 263 | 272 | 274 | Fresh short positions can be initiated with a tight stop-loss if the stock of ITC drops below ₹266 levels |
₹166 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
164 | 162 | 168 | 171 | Make use of declines to buy the stock of ONGC while maintaining a fixed stop-loss at ₹164 levels |
₹841 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
830 | 820 | 850 | 860 | Fresh short positions can be initiated with a tight stop-loss if the stock reverses down from ₹850 levels |
₹268 • SBI
S1 | S2 | R1 | R2 | COMMENT |
266 | 264 | 271 | 274 | Consider initiating fresh long positions with a tight stop-loss only if the stock rallies above ₹271 levels |
₹2525 • TCS
S1 | S2 | R1 | R2 | COMMENT |
2510 | 2490 | 2540 | 2560 | Near-term outlook has turned bullish for the stock of TCS. Buy the stock in dips with a fixed stop-loss at ₹2510 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.