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 reliabsys, infosys, HDFC BANK, HDFC BANK, Sbi. 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.
₹ 1745 • HDFC Bank
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
1725
|
1700
|
1770
|
1810
|
Go long now and at 1735. Keep the stop-level 1720
|
₹ 1915 • Infosys
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
1895
|
1870
|
1925
|
1960
|
Go long only Above 1925. Keep the stop-level 1915
|
₹ 441 • ITC
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
439
|
436
|
445
|
448
|
Go Short on a Rise at 444. Stop-Loss Can Be Kept at 446
|
₹ 256 • ONGC
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
253
|
249
|
258
|
261
|
Take fresh shorts below 253. Keep the stop-level 254
|
₹ 1282 • Reliance Ind.
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
1270
|
1250
|
1290
|
1315
|
Go long only Above 1290. Stop-Loss Can Be Placed at 1280
|
₹ 752 • SBI
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
748
|
740
|
760
|
770
|
Go long on Dips at 751 and 749. Keep the stop-Loss at 747
|
₹ 4083 • TCS
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
4050
|
4020
|
4100
|
4140
|
Go long on a break Above 4100. Stop-Loss Can Be Placed at 4090
|
23707 • NIFTY 50 Futures
|
S1
|
S2
|
R1
|
R2
|
Comment
|
|
23650
|
23500
|
23750
|
23870
|
Wait for Dips. Go long at 23660. Keep the stop-level 23620
|
S1, S2: Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on February 7, 2025
