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+ 1,046.30
+ 319.15
-30.00
-229.00
-1,143.00
+ 1,046.30
+ 319.15
+ 319.15
-30.00
-30.00
-229.00
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.
₹1617 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1590 | 1560 | 1650 | 1680 | Still stuck in a range. Avoid trading this stock for now |
₹1868 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1860 | 1840 | 1890 | 1905 | Take long positions now with a tight stop-loss at 1855 |
₹495 • ITC
S1 | S2 | R1 | R2 | COMMENT |
491 | 487 | 503 | 507 | Go long now and at 492. Stop-loss can be placed at 489 |
₹334 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
330 | 325 | 340 | 345 | Stuck in a narrow range. Avoid trading this stock for now |
₹3010 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
3000 | 2985 | 3030 | 3050 | Go short only below 3000. Keep the stop-loss at 3005 |
₹873 • SBI
S1 | S2 | R1 | R2 | COMMENT |
868 | 860 | 880 | 890 | Wait for a rise. Go short at 889 with a stop-loss at 892 |
₹4400 • TCS
S1 | S2 | R1 | R2 | COMMENT |
4370 | 4340 | 4430 | 4480 | Go long now and on dips at 4375. Keep the stop-loss at 4360 |
25033 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
24970 | 24900 | 25080 | 25200 | Wait for dips. Go long at 24980. Keep the stop-loss at 24940 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on August 1, 2024
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