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-731.51
-235.90
+ 23.00
+ 1,103.00
-253.00
-731.51
-235.90
-235.90
+ 23.00
+ 23.00
+ 1,103.00
Day trading guide gives you the key intraday supports and resistances to watch out for on the Nifty futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, and SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on technical analysis and there is a risk of loss in trading.
₹1426 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1400 | 1380 | 1430 | 1450 | Short the stock as it fell below a suport; stop-loss at 1450. |
₹1492 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1490 | 1450 | 1500 | 1525 | Sell the stock below 1490; place the stop-loss at 1515. |
₹427 • ITC
S1 | S2 | R1 | R2 | COMMENT |
420 | 412 | 430 | 435 | Go short as the stock is near a resistance; stop-loss at 435. |
₹265 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
262 | 258 | 268 | 272 | Initiate short as there is a resistance; stop-loss at 270. |
₹2884 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2860 | 2835 | 2900 | 2920 | Short-term trend appears weak; short with stop-loss at 2920. |
₹740 • SBI
S1 | S2 | R1 | R2 | COMMENT |
732 | 722 | 745 | 750 | Go short as the stock is near a resistance; stop-loss at 750. |
₹3877 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3825 | 3775 | 3940 | 3980 | Short now and on a rise to 3920; keep stop-loss at 3980. |
22095 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
22000 | 21800 | 22150 | 22240 | Short now and on a rally to 22000. Place stop-loss at 22150. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on March 27, 2024
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