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-573.38
-169.60
+ 451.00
+ 1,908.00
+ 618.00
-573.38
-169.60
-169.60
+ 451.00
+ 451.00
+ 1,908.00
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, 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.
₹1536 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1530 | 1500 | 1560 | 1600 | Refrain from trading as intraday trend in uncertain. |
₹1639 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1620 | 1600 | 1650 | 1680 | Go long if it breaks out of 1650; stop-loss at 1620. |
₹466 • ITC
S1 | S2 | R1 | R2 | COMMENT |
465 | 460 | 472 | 475 | Trend appears uncertain; stay away from trading. |
₹232 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
232 | 230 | 238 | 242 | Buy now and on a dip 230; stop-loss at 225. |
₹2722 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2700 | 2650 | 2750 | 2800 | Sell the stock if it breaks below 2700; stop-loss at 2725. |
₹626 • SBI
S1 | S2 | R1 | R2 | COMMENT |
620 | 610 | 635 | 650 | Short the stock if it falls below 620; stop-loss at 630. |
₹3884 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3815 | 3780 | 3900 | 4000 | Go long if it rallies past 3900; stop-loss at 3850. |
21587 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
21580 | 21400 | 21700 | 21800 | Short the contract below 21580; stop-loss at 21700. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on January 18, 2024
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