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-573.38
-169.60
+ 451.00
+ 1,908.00
+ 618.00
-573.38
-169.60
-169.60
+ 451.00
+ 451.00
+ 1,908.00
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.
₹1645 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1600 | 1580 | 1650 | 1680 | Continues to trade within a sideways range. Stay out for now. |
₹1931 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1920 | 1900 | 1950 | 1965 | Go long at the current market price; place stop-loss at 1915. |
₹511 • ITC
S1 | S2 | R1 | R2 | COMMENT |
506 | 500 | 520 | 525 | Buy the stock now and on a decline to 506; stop-loss at 498. |
₹311 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
308 | 300 | 318 | 325 | Go short now and on a rally to 318; place a stop-loss at 325. |
₹2987 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2980 | 2920 | 3020 | 3100 | Initiate fresh longs if the stock reclaims 3000; stop-loss at 2980. |
₹818 • SBI
S1 | S2 | R1 | R2 | COMMENT |
810 | 800 | 825 | 845 | Stock is charting a sideways trend. Do not initiate fresh trades. |
₹4480 • TCS
S1 | S2 | R1 | R2 | COMMENT |
4450 | 4400 | 4570 | 4600 | As the stock is at a support, consider longs with stop-loss at 4430. |
25235 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
25100 | 25000 | 25420 | 25600 | Stay out for now; buy if the price dips to 25100. Stop-loss at 25000. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on September 6, 2024
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