For a better experience, Read this story in our App
-773.79
-234.45
+ 465.00
+ 1,739.00
+ 663.00
-773.79
-234.45
-234.45
+ 465.00
+ 465.00
+ 1,739.00
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.
₹1728 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1715 | 1680 | 1745 | 1760 | Go long now and at 1720. Keep the stop-loss at 1705 |
₹1904 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1895 | 1870 | 1920 | 1945 | Go long only above 1920. Keep the stop-loss at 1910 |
₹516 • ITC
S1 | S2 | R1 | R2 | COMMENT |
514 | 512 | 518 | 521 | Go long only above 518. Stop-loss can be kept at 517 |
₹292 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
289 | 285 | 294 | 296 | Go short now and at 293. Stop-loss can be placed at 295 |
₹2930 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2900 | 2870 | 2945 | 2960 | Go short on a rise at 2940. Keep the stop-loss at 2955 |
₹797 • SBI
S1 | S2 | R1 | R2 | COMMENT |
792 | 787 | 801 | 805 | Go long only above 801. Stop-loss can be placed at 799 |
₹4286 • TCS
S1 | S2 | R1 | R2 | COMMENT |
4260 | 4240 | 4300 | 4340 | Go long on a break above 4300. Keep the stop-loss at 4285 |
25976 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
25880 | 25730 | 26050 | 26160 | Go long only above 26050. Stop-loss can be placed at 26010 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on October 3, 2024
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.