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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
The 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.
₹1654 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1640 | 1620 | 1665 | 1680 | Go long above 1665. Stop-loss can be kept at 1660 |
₹1256 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1250 | 1235 | 1275 | 1290 | Range bound and unclear. Avoid trading this stock. |
₹420 • ITC
S1 | S2 | R1 | R2 | COMMENT |
419 | 416 | 424 | 427 | Go long now and at 420. Keep the stop-loss at 418 |
₹167 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
166 | 165 | 168 | 170 | Go long only above 168 with a stop-loss at 167 |
₹2478 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2460 | 2440 | 2490 | 2515 | Take fresh shorts now. Keep the stop-loss at 2495 |
₹573 • SBI
S1 | S2 | R1 | R2 | COMMENT |
572 | 568 | 578 | 580 | Initiate fresh longs now. Stop-loss can be kept at 571 |
₹3281 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3260 | 3230 | 3300 | 3310 | Initiate shorts now and at 3290 with a stop-loss at 3305 |
18359 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
18310 | 18250 | 18400 | 18500 | Wait for dips and go long at 18330. Keep the stop-loss at 18290 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on May 12, 2023
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