Intraday Trading Insights: March 18, 2026 Nifty50 Support and Resistance Levels

Intraday Trading Insights: March 18, 2026 Nifty50 Support and Resistance Levels

Filmogaz.com provides intraday trading insights dated March 18, 2026. The note lists Nifty50 support and resistance levels and trade recommendations for major names.

Market snapshot

The bulletin covers Nifty 50 Futures and seven large-cap stocks. Each stock has two support and two resistance levels. Short trade ideas and stop-loss points are included.

Nifty 50 Futures

Current 23613
S1 23540
S2 23380
R1 23700
R2 23820
Trade call Go long on a break above 23700. Use 23670 as stop-loss.

Stock-specific levels and actions

  • HDFC Bank (price ~₹843). Supports: 838 and 832. Resistances: 850 and 857.

    Take fresh longs above 850. Keep stop-loss at 848.

  • Infosys (price ~₹1,234). Supports: 1,218 and 1,180. Resistances: 1,245 and 1,260.

    Market can swing either way. Avoid trading this stock for now.

  • ITC (price ~₹304). Supports: 300 and 295. Resistances: 307 and 310.

    Initiate short positions now and at 306. Place stop-loss at 308.

  • ONGC (price ~₹265). Supports: 262 and 259. Resistances: 269 and 272.

    Go long now and on a dip to 263. Use 261 as stop-loss.

  • Reliance Industries (price ~₹1,394). Supports: 1,385 and 1,360. Resistances: 1,410 and 1,425.

    Enter longs only above 1,410. Maintain stop-loss at 1,405.

  • SBI (price ~₹1,064). Supports: 1,055 and 1,040. Resistances: 1,080 and 1,090.

    Buy on dips around 1,060. Keep stop-loss at 1,050.

  • TCS (price ~₹2,390). Supports: 2,360 and 2,320. Resistances: 2,410 and 2,430.

    Go long on a break above 2,410. Set stop-loss at 2,405.

Notes and risk

S1 and S2 denote Support 1 and Support 2. R1 and R2 denote Resistance 1 and Resistance 2.

Levels and calls are based on technical analysis. Trading involves risk of loss. Use risk management and confirm signals before acting.