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+ 303.03
+ 88.80
+ 9.00
-1,563.00
-1,455.00
+ 303.03
+ 88.80
+ 88.80
+ 9.00
+ 9.00
-1,563.00
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 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.
₹1352 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1345 | 1330 | 1360 | 1380 | Initiate fresh short positions if the stock breaks below 1345. Stop-loss can be kept at 1355 |
₹1476 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1470 | 1430 | 1490 | 1510 | Poised above a key support. Go short with a stop-loss at 1485 only on a break below 1470. |
₹287 • ITC
S1 | S2 | R1 | R2 | COMMENT |
282 | 279 | 290 | 293 | Corrective fall has begun. Go short now and accumulate at 289. Keep the stop-loss at 292 |
₹127 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
124 | 120 | 130 | 134 | Consolidating within the downtrend. Go short now and at 129 with a stop-loss at 132 |
₹2433 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2400 | 2360 | 2460 | 2520 | Resistance ahead. Turn around is possible. Go short now and at 2455 with a stop-loss at 2475 |
₹472 • SBI
S1 | S2 | R1 | R2 | COMMENT |
469 | 464 | 477 | 483 | Wait for dips and go long only if the stock bounces from 469. Stop-loss can be placed at 467 |
₹3216 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3200 | 3140 | 3250 | 3300 | Key support coming up. Go long if TCS bounces from 3200. Keep the stop-loss at 3180 |
15766 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
15740 | 15650 | 15850 | 15930 | Support ahead. Initiate fresh shorts with a stop-loss at 15780 only on a break below 15740 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on July 6, 2022
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