Day Trading Guide for December 28, 2022

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks. 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.

₹1631 • HDFC Bank

S1	S2	R1	R2	COMMENT
1610	1590	1640	1670	Go long above 1640. Stop-loss can be kept at 1630

₹1515 • INFOSYS

S1	S2	R1	R2	COMMENT
1510	1490	1530	1560	Go short below 1510. Keep the stop-loss at 1520

₹333 • ITC

S1	S2	R1	R2	COMMENT
332	330	335	337	Go short below 332. Stop-loss can be kept at 334

₹145 • ONGC

S1	S2	R1	R2	COMMENT
143	141	147	149	Go long now and at 144 with a stop-loss at 142

₹2545 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2530	2510	2560	2580	Go long on dips at 2535. Keep the stop-loss at 2520

₹602 • SBI

S1	S2	R1	R2	COMMENT
598	594	605	611	Go long now and at 600 with a stop-loss at 597

₹3259 • TCS

S1	S2	R1	R2	COMMENT
3235	3220	3275	3290	Near-term outlook mixed. Avoid trading the stock for now

18144 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
18100	18000	18230	18340	Bullish. Go long now and at 18115 with a stop-loss at 18070

S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

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Day Trading Guide for December 28, 2022

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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Day Trading Guide for December 28, 2022

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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