Day Trading Guide for May 25, 2023

Here are the intraday supports and resistances for widely traded stocks, such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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.

₹1616 • HDFC Bank

S1	S2	R1	R2	COMMENT
1590	1575	1635	1650	Breaches support; go short with stop-loss at 1635.

₹1298 • Infosys

S1	S2	R1	R2	COMMENT
1280	1260	1330	1360	Buy now and on dip to 1285; stop-loss at 1275.

₹433 • ITC

S1	S2	R1	R2	COMMENT
432	430	440	450	On the verge of a breakout; buy with stop-loss at 428.

₹166 • ONGC

S1	S2	R1	R2	COMMENT
165	163	168	170	Trading near resistance; sell with stop-loss at 168.

₹2437 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2420	2400	2465	2480	Could stay flat; refrain from taking intraday trades.

₹582 • SBI

S1	S2	R1	R2	COMMENT
580	572	585	590	Stuck in a range; do not trade until it breaks out.

₹3301 • TCS

S1	S2	R1	R2	COMMENT
3300	3260	3330	3400	Go long if the stock rallies past 3330; stop-loss at 3300.

18300 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
18260	18150	18375	18470	Initiate fresh shorts below 18250; stop-loss at 18325.

S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

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Day Trading Guide for May 25, 2023

Here are the intraday supports and resistances for widely traded stocks, such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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Day Trading Guide for May 25, 2023

Here are the intraday supports and resistances for widely traded stocks, such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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