Day Trading Guide for January 11, 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. 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.

₹1569 • HDFC Bank

S1	S2	R1	R2	COMMENT
1545	1500	1580	1600	Bearish. Go short with a stop-loss at 1590

₹1470 • INFOSYS

S1	S2	R1	R2	COMMENT
1445	1410	1490	1535	Go short at 1485. Keep the stop-loss at 1505

₹333 • ITC

S1	S2	R1	R2	COMMENT
332	330	336	339	Short below 333. Stop-loss can be kept at 335

₹149 • ONGC

S1	S2	R1	R2	COMMENT
146	144	151	156	Can go either way. Avoid trading this stock.

₹2558 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2520	2490	2575	2610	Short now and at 2570 with a stop-loss at 2590

₹595 • SBI

S1	S2	R1	R2	COMMENT
590	585	600	605	Go long on dips at 592. Keep the stop-loss at 588

₹3286 • TCS

S1	S2	R1	R2	COMMENT
3270	3230	3310	3335	Immediate outlook is not clear. Stay out of this stock.

17988 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
17890	17820	18110	18220	Go long on a bounce from 17890 with a stop-loss at 17840

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

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Day Trading Guide for January 11, 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 January 11, 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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