Day Trading Guide for February 28, 2023

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, 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.

₹1593 • HDFC Bank

S1	S2	R1	R2	COMMENT
1585	1570	1600	1620	Go long above 1600. Stop-loss can be kept at 1590

₹1509 • INFOSYS

S1	S2	R1	R2	COMMENT
1500	1480	1515	1525	Go long above 1515. Keep the stop-loss at 1505

₹382 • ITC

S1	S2	R1	R2	COMMENT
380	377	385	388	Go long now and at 381. Keep the stop-loss at 379

₹155 • ONGC

S1	S2	R1	R2	COMMENT
153	150	156	158	Outlook is not clear. Avoid trading this stock for now

₹2369 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2350	2310	2380	2400	Go short below 2350. Stop-loss can be kept at 2365

₹528 • SBI

S1	S2	R1	R2	COMMENT
524	520	530	534	Go long dips at 525. Keep the stop-loss at 522

₹3332 • TCS

S1	S2	R1	R2	COMMENT
3320	3290	3350	3380	Go short on a rise at 3345. Keep the stop-loss at 3360

17509 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
17400	17300	17560	17630	Go short with a stop-loss at 17590 on a reversal from 17560

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

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Day Trading Guide for February 28, 2023

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 February 28, 2023

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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