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.
| ₹774 • HDFC Bank |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 770 |
764 |
777 |
782 |
Go short only below 770. Keep the stop-loss at 772 |
| ₹1178 • Infosys |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1160 |
1150 |
1200 |
1220 |
Can go either way from here. Avoid trading this stock |
| ₹311 • ITC |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 309 |
307 |
313 |
317 |
Go short now and at 312. Stop-loss can be kept at 314 |
| ₹290 • ONGC |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 288 |
285 |
293 |
296 |
Go long on dips at 289. Stop-loss can be placed at 287 |
| ₹1463 • Reliance Ind. |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1455 |
1445 |
1490 |
1520 |
Go long now and at 1458. Keep the stop-loss at 1445 |
| ₹1059 • SBI |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1045 |
1030 |
1070 |
1085 |
Wait for a rise. Go short at 1065 with a stop-loss at 1075 |
| ₹2430 • TCS |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 2405 |
2385 |
2445 |
2485 |
Go short on a rise at 2440. Stop-loss can be kept at 2455 |
| 24129 • Nifty 50 Futures |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 23940 |
23780 |
24220 |
24350 |
Go long only on a break above 24220 with a stop-loss at 24180 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on May 6, 2026
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