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.
₹ 1944 • HDFC Bank
S1
S2
R1
R2
Comment
1925
1900
1950
1975
Go long on the stock if it breaches 1950; Stop-Loss at 1925.
₹ 1508 • Infosys
S1
S2
R1
R2
Comment
1490
1465
1520
1575
Short the stock if it slips below 1490; Stop-Loss at 1510.
₹ 430 • ITC
S1
S2
R1
R2
Comment
425
420
438
450
Trading between two key levels; traders can stay out for now.
₹ 238 • ONGC
S1
S2
R1
R2
Comment
232
225
240
250
Sell the stock if it rises to 240; Place Stop-Loss at 250.
₹ 1406 • Reliance Ind.
S1
S2
R1
R2
Comment
1400
1360
1435
1450
Stock is hovering near support; Buy with Stop-Loss at 1380
₹ 776 • SBI
S1
S2
R1
R2
Comment
770
760
785
800
Sell the stock if it breaks beLow 770; Stop-Loss Can Be 780.
₹ 3445 • TCS
S1
S2
R1
R2
Comment
3400
3300
3500
3600
Charting a Sideways trend; Traders can wait for more clarity.
24472 • NIFTY 50 Futures
S1
S2
R1
R2
Comment
24320
24000
24600
24800
Intraday trend appears uncertain; Refrain from Trading.
