Day Trading Guide Gives You The Key INTRADAY SUPPORTS and Resistance to Watch out for on the nifty futures and other widely tradeed stocks such as reliability, information, infosys, hdfc bank, HDFC Bank, TCS, and SbaI. Based on the trend, it also also gives intraday trade recommendations with specific entry as well as stop-lights levels. The mentioned resistors and supports will be the exit levels. Do note that recommendations are based on technical analysis and there is a risk of loss in trading.
₹ 1950 • HDFC Bank
S1
S2
R1
R2
Comment
1940
1910
1960
1980
Buy if the stock breaks out of 1960; Stop-Loss Can Be 1945.
₹ 1554 • Infosys
S1
S2
R1
R2
Comment
1540
1500
1565
1600
Go long once the stock rises past 1565; Stop-Loss at 1550.
₹ 419 • ITC
S1
S2
R1
R2
Comment
415
405
422
430
Stock is charting a sideways trend; Refrain from Trading.
₹ 237 • ONGC
S1
S2
R1
R2
Comment
235
232
240
246
Intraday trend is unclear at the moment; do not trade.
₹ 1442 • Reliance Ind.
S1
S2
R1
R2
Comment
1440
1420
1460
1480
Buy the stock now and on a Dip to 1430; Stop-Loss at 1410.
₹ 806 • SBI
S1
S2
R1
R2
Comment
800
790
820
835
Go long as the stock has a support ahead; Stop-Loss at 790.
₹ 3371 • TCS
S1
S2
R1
R2
Comment
3360
3300
3400
3450
Short the stock if it slips below 3360; Place Stop-Loss at 3385.
24874 • NIFTY 50 Futures
S1
S2
R1
R2
Comment
24650
24500
25150
25250
Buy Now and on a Dip to 24700; Keep a Stop-Loss at 24500.
