Day trading guide for September 8, 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.

₹1611 • HDFC Bank

S1	S2	R1	R2	COMMENT
1600	1585	1620	1660	Go long only above 1620. Keep the stop-loss at 1610

₹1466 • Infosys

S1	S2	R1	R2	COMMENT
1460	1445	1480	1500	Go short below 1460. Stop-loss can be kept at 1465

₹446 • ITC

S1	S2	R1	R2	COMMENT
444	441	449	453	Go long now and at 445. Keep the stop-loss at 443

₹181 • ONGC

S1	S2	R1	R2	COMMENT
179	177	183	185	Go short now and at 182. Stop-loss can be kept at 184

₹2431 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2410	2390	2445	2465	Go long only above 2445. Keep the stop-loss at 2435

₹580 • SBI

S1	S2	R1	R2	COMMENT
578	574	583	585	Go long only above 583. Stop-loss can be placed at 582

₹3455 • TCS

S1	S2	R1	R2	COMMENT
3445	3420	3490	3520	Take fresh longs now and at 3450. Keep the stop-loss at 3435

19767 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
19700	19620	19879	19980	Wait for dips. Go long at 19730. Keep the stop-loss at 19680

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

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Day trading guide for September 8, 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 8, 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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