+ 746.95
+ 252.15
+ 94.00
-229.00
+ 1,317.00
+ 746.95
+ 252.15
+ 252.15
+ 94.00
+ 94.00
-229.00
The Day Trading Guide provides key intraday supports and resistances to monitor the Nifty Futures and popularly traded stocks like Reliance Industries, Infosys, HDFC Bank, TCS, and SBI, along with offering intraday trade recommendations that include specific entry and stop-loss levels, where the mentioned resistances and supports serve as exit points; however, it’s important to note that these recommendations rely on Technical Analysis and trading carries the risk of potential losses.
₹1641 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1630 | 1600 | 1655 | 1680 | Go short on a rise at 1650. Keep the stop-loss at 1660 |
₹1365 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1350 | 1320 | 1390 | 1410 | Wait for dips. Go long at 1355 with a stop-loss at 1340 |
₹472 • ITC
S1 | S2 | R1 | R2 | COMMENT |
470 | 466 | 475 | 478 | Go short below 470. Stop-loss can be kept at 472 |
₹168 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
167 | 165 | 169 | 171 | Stuck in a narrow range. Avoid trading this stock |
₹2743 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2730 | 2700 | 2765 | 2800 | Wait for a rise. Go short at 2760 with a stop-loss at 2775 |
₹586 • SBI
S1 | S2 | R1 | R2 | COMMENT |
584 | 580 | 589 | 594 | Go short on a rise at 588. Keep the stop-loss at 590 |
₹3340 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3325 | 3290 | 3355 | 3375 | Wait for dips. Go long at 3330. Keep the stop-loss at 3320 |
19498 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
19450 | 19380 | 19570 | 19610 | Go short on a break below 19450 with a stop-loss at 19470 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on July 14, 2023
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.