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-823.16
-253.20
+ 95.00
+ 1,846.00
+ 598.00
-823.16
-253.20
-253.20
+ 95.00
+ 95.00
+ 1,846.00
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, 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.
₹1551 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1535 | 1520 | 1560 | 1595 | Go long only above 1560. Keep the stop-loss at 1555. |
₹1430 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1415 | 1400 | 1540 | 1565 | Take fresh longs above 1540 with a stop-loss at 1535 |
₹430 • ITC
S1 | S2 | R1 | R2 | COMMENT |
426 | 422 | 436 | 439 | Go short only below 426. Stop-loss can be kept at 428 |
₹248 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
246 | 243 | 252 | 258 | Take fresh longs above 252. Keep the stop-loss at 250 |
₹2842 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2800 | 2770 | 2860 | 2890 | Take fresh longs only above 2860 with a stop-loss at 2855 |
₹790 • SBI
S1 | S2 | R1 | R2 | COMMENT |
778 | 765 | 793 | 797 | Go short only below 778. Stop-loss can be placed at 781 |
₹3747 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3740 | 3700 | 3790 | 3810 | Go short on a break below 3740. Keep the stop-loss at 3750 |
22584 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
22550 | 22400 | 22700 | 22850 | Take fresh longs only above 22700 with a stop-loss at 22670 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on June 6, 2024
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