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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.
₹1793 • HDFC Bank
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
1780
|
1765
|
1800
|
1840
|
Go long on the stock if it breaches 1800; stop-loss at 1780.
|
₹1497 • Infosys
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
1485
|
1460
|
1510
|
1525
|
Short the stock if it slips below 1485; stop-loss at 1510.
|
₹409 • ITC
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
405
|
400
|
415
|
420
|
No clarity with respect to intraday trend; stay out.
|
₹243 • ONGC
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
240
|
235
|
246
|
250
|
Sell the stock if it rises to 245; place stop-loss at 250.
|
₹1248 • Reliance Ind.
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
1235
|
1200
|
1252
|
1275
|
Stock is hovering near resistance; sell with stop-loss at 1275.
|
₹779 • SBI
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
762
|
735
|
785
|
800
|
Buy the stock if the breaks out of 785; stop-loss at 760.
|
₹3403 • TCS
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
3400
|
3300
|
3430
|
3460
|
Sell the stock if it moves up to 3430; place stop-loss at 3475.
|
23326 • Nifty 50 Futures
|
S1
|
S2
|
R1
|
R2
|
COMMENT
|
|
23300
|
23150
|
23450
|
23750
|
Go short if the contract falls below 23300; stop-loss at 23400.
|
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on April 4, 2025
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