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
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.
₹1665 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1650 | 1620 | 1685 | 1700 | Wait for dips. Go long at 1655. Keep the stop-loss at 1645 |
₹1865 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1850 | 1830 | 1880 | 1910 | Go long only above 1880. Keep the stop-loss at 1870 |
₹440 • ITC
S1 | S2 | R1 | R2 | COMMENT |
438 | 435 | 442 | 445 | Range bound and unclear. Avoid trading this stock now |
₹263 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
261 | 258 | 267 | 268 | Go short below 261. Stop-loss can be placed at 262 |
₹1265 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
1260 | 1245 | 1270 | 1285 | Go short only below 1265. Keep the stop-loss at 1265 |
₹746 • SBI
S1 | S2 | R1 | R2 | COMMENT |
743 | 739 | 754 | 760 | Go short only below 743. Stop-loss can be kept at 745 |
₹4146 • TCS
S1 | S2 | R1 | R2 | COMMENT |
4120 | 4085 | 4160 | 4200 | Go long on a break above 4160. Keep the stop-loss at 4145 |
23267 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
23200 | 23100 | 23330 | 23450 | Go long only above 23330. Stop-loss can be kept at 23290 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on January 24, 2025
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.