Day Trading Guide for October 27, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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, 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.

₹1463 • HDFC Bank

S1	S2	R1	R2	COMMENT
1435	1400	1475	1500	Go short now and at 1470. Keep the stop-loss at 1485

₹1358 • Infosys

S1	S2	R1	R2	COMMENT
1350	1320	1380	1405	Go short only below 1350. Keep the stop-loss at 1360

₹434 • ITC

S1	S2	R1	R2	COMMENT
430	427	437	440	Go short below 430. Stop-loss can be placed at 432

₹181 • ONGC

S1	S2	R1	R2	COMMENT
177	174	183	185	Go short now and at 182. Stop-loss can be kept at 183

₹2226 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2210	2190	2240	2270	Wait for a rise. Go short at 2235 with a stop-loss at 2245

₹547 • SBI

S1	S2	R1	R2	COMMENT
544	539	551	555	Go short only below 544. Keep the stop-loss at 546

₹3338 • TCS

S1	S2	R1	R2	COMMENT
3300	3270	3355	3380	Go short now and also at 3345. Keep the stop-loss at 3365

18965 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
18910	18850	19080	19200	Go short only below 18910. Stop-loss can be kept at 18940.

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

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Day Trading Guide for October 27, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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Day Trading Guide for October 27, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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