Day trading guide for September 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

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.

₹1596 • HDFC Bank

S1	S2	R1	R2	COMMENT
1580	1560	1600	1630	Buy the stock if it breaks out of 1600; stop-loss at 1580.

₹1476 • Infosys

S1	S2	R1	R2	COMMENT
1470	1450	1500	1520	Chart hints at a rally on Thursday. Buy with stop-loss at 1450.

₹447 • ITC

S1	S2	R1	R2	COMMENT
444	438	450	460	There are indications of a rally; go long with stop-loss at 440.

₹183 • ONGC

S1	S2	R1	R2	COMMENT
182	180	186	190	Go long as there is a support near-by; place stop-loss at 180.

₹2428 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2400	2380	2470	2500	Stay away from trading as there are no clear signs of a trend.

₹570 • SBI

S1	S2	R1	R2	COMMENT
560	555	580	600	Buy if the stock breaks out of 580; stop-loss at 560.

₹3429 • TCS

S1	S2	R1	R2	COMMENT
3400	3350	3485	3500	Looks set to appreciate; go long with stop-loss at 3400.

19665 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
19600	19540	19700	19750	Consider fresh long positions with a stop-loss at 19600.

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

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Day trading guide for September 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 September 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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