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-82.79
-18.80
+ 79.00
-222.00
-1,174.00
-82.79
-18.80
-18.80
+ 79.00
+ 79.00
-222.00
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.
₹1642 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1620 | 1590 | 1655 | 1680 | Go long only above 1655. Keep the stop-loss at 1645 |
₹1741 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1720 | 1690 | 1800 | 1830 | Go short only below 1720. Keep the stop-loss at 1730 |
₹494 • ITC
S1 | S2 | R1 | R2 | COMMENT |
490 | 484 | 500 | 505 | Go short on a reversal from 500 with a stop-loss at 503 |
₹323 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
320 | 312 | 330 | 340 | Go short below 320. Stop-loss can be placed at 322 |
₹2896 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2860 | 2800 | 2940 | 3000 | Go short only below 2860. Keep the stop-loss at 2875 |
₹808 • SBI
S1 | S2 | R1 | R2 | COMMENT |
802 | 795 | 814 | 820 | Go short on a rise at 810 and 813. Keep the stop-loss at 816 |
₹4171 • TCS
S1 | S2 | R1 | R2 | COMMENT |
4135 | 4100 | 4230 | 4270 | Wait for dips. Go long at 4145 with a tight stop-loss at 4125 |
24120 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
24060 | 23900 | 24180 | 24400 | Go short on a break below 24060. Keep the stop-loss at 24090 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on August 9, 2024
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