For a better experience, Read this story in our App
-573.38
-169.60
+ 451.00
+ 1,908.00
+ 618.00
-573.38
-169.60
-169.60
+ 451.00
+ 451.00
+ 1,908.00
The 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.
₹1444 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1430 | 1390 | 1480 | 1510 | Go short only below 1430. Keep the stop-loss at 1440 |
₹1728 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1715 | 1690 | 1760 | 1800 | Go long now and at 1720. Keep the stop-loss at 1705 |
₹431 • ITC
S1 | S2 | R1 | R2 | COMMENT |
429 | 426 | 435 | 438 | Go short now and at 434. Stop-loss can be placed at 437 |
₹272 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
269 | 267 | 277 | 279 | Go long now and at 268. Stop-loss can be placed at 266 |
₹2857 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2835 | 2800 | 2885 | 2930 | Go short only below 2835. Keep the stop-loss at 2845 |
₹651 • SBI
S1 | S2 | R1 | R2 | COMMENT |
648 | 645 | 660 | 665 | Go long now and at 649. Stop-loss can be kept at 646 |
₹4133 • TCS
S1 | S2 | R1 | R2 | COMMENT |
4100 | 4065 | 4155 | 4200 | Go long on a break above 4155. Keep the stop-loss at 4135 |
22001 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
21900 | 21830 | 22050 | 22200 | Go long only above 22050. Stop-loss can be kept at 21980 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on February 7, 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.