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-511.38
-140.50
-377.00
+ 291.00
+ 563.00
-511.38
-140.50
-140.50
-377.00
-377.00
+ 291.00
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.
₹1536 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1530 | 1510 | 1550 | 1570 | Go long only above 1550. Keep the stop-loss at 1540 |
₹1462 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1455 | 1435 | 1480 | 1510 | Go short below 1455. Stop-loss can be kept at 1465 |
₹436 • ITC
S1 | S2 | R1 | R2 | COMMENT |
433 | 428 | 439 | 442 | Wait for dips. Go long at 434. Keep the stop-loss at 432 |
₹182 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
181 | 180 | 185 | 187 | Take fresh longs now. Stop-loss can be placed at 180 |
₹2314 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2290 | 2260 | 2330 | 2370 | Go short now and at 2325. Keep the stop-loss at 2340 |
₹592 • SBI
S1 | S2 | R1 | R2 | COMMENT |
589 | 585 | 595 | 600 | Go long only above 595. Stop-loss can be kept at 594 |
₹3589 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3565 | 3540 | 3630 | 3650 | Outlook is unclear. Can go either way. Avoid trading the stock |
19565 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
19520 | 19480 | 19620 | 19750 | Go long on a break above 19620. Keep the stop-loss at 19590 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on October 6, 2023
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