Day Trading Guide for January 05, 2023

Here are the intraday supports and resistances for widely traded stocks, such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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.

₹1611 • HDFC Bank

S1	S2	R1	R2	COMMENT
1590	1550	1625	1640	Short with a stop-loss at 1625.

₹1495 • Infosys

S1	S2	R1	R2	COMMENT
1480	1465	1500	1530	Sell below 1490; stop-loss at 1510.

₹327 • ITC

S1	S2	R1	R2	COMMENT
325	320	330	335	Short on a fall below 325; stop-loss at 332.

₹146 • ONGC

S1	S2	R1	R2	COMMENT
143	140	148	154	Go short with stop-loss at 148.

₹2518 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2500	2440	2550	2600	Sell with stop-loss at 2550.

₹605 • SBI

S1	S2	R1	R2	COMMENT
600	590	610	618	Short with stop-loss at 610.

₹3314 • TCS

S1	S2	R1	R2	COMMENT
3285	3230	3370	3425	Buy if it bounces off 3285; stop-loss at 3250.

18103 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
18100	18000	18200	18280	Go short below 18100 with stop-loss at 18200.

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

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Day Trading Guide for January 05, 2023

Here are the intraday supports and resistances for widely traded stocks, such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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Day Trading Guide for January 05, 2023

Here are the intraday supports and resistances for widely traded stocks, such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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