Day trading guide for November 07, 2023: Intraday supports, resistances for Nifty50 stocks

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

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.

₹1494 • HDFC Bank

S1	S2	R1	R2	COMMENT
1480	1460	1515	1530	Go long now and at 1485. Keep the stop-loss at 1475

₹1404 • Infosys

S1	S2	R1	R2	COMMENT
1385	1360	1420	1440	Wait for dips. Go long at 1390 with a stop-loss at 1375

₹435 • ITC

S1	S2	R1	R2	COMMENT
432	428	437	441	Go long only above 437. Stop-loss can be kept at 436

₹193 • ONGC

S1	S2	R1	R2	COMMENT
191	188	196	199	Go long now and at 192. Stop-loss can be placed at 190

₹2339 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2320	2300	2350	2385	Go long only above 2350. Keep the stop-loss at 2340

₹574 • SBI

S1	S2	R1	R2	COMMENT
572	568	576	579	Go short only below 572. Stop-loss can be placed at 574

₹3385 • TCS

S1	S2	R1	R2	COMMENT
3365	3345	3395	3415	Go long on a break above 3395. Keep the stop-loss at 3380

19484 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
19450	19380	19530	19580	Go long on dips at 19460. Stop-loss can be kept at 19420

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

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Day trading guide for November 07, 2023: Intraday supports, resistances for Nifty50 stocks

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 November 07, 2023: Intraday supports, resistances for Nifty50 stocks

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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