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.

₹759 • HDFC Bank
S1 S2 R1 R2 COMMENT
755 748 763 770 Take fresh longs only above 763 with a stop-loss at 761
₹1178 • Infosys
S1 S2 R1 R2 COMMENT
1160 1145 1190 1205 Go short now and at 1185. Keep the stop-loss at 1195
₹308 • ITC
S1 S2 R1 R2 COMMENT
306 301 311 315 Go short only below 306. Stop-loss can be kept at 307
₹296 • ONGC
S1 S2 R1 R2 COMMENT
292 290 298 301 Wait for dips. Go long at 293. Keep the stop-loss at 291
₹1350 • Reliance Ind.
S1 S2 R1 R2 COMMENT
1340 1320 1375 1390 Go short only below 1340. Stop-loss can be kept at 1335
₹950 • SBI
S1 S2 R1 R2 COMMENT
945 935 960 967 Mixed and unclear. Avoid trading the stock for now
₹2325 • TCS
S1 S2 R1 R2 COMMENT
2315 2290 2335 2350 Go short on a break below 2315. Keep the stop-loss at 2325
23635 • Nifty 50 Futures
S1 S2 R1 R2 COMMENT
23530 23380 23670 23850 Take fresh shorts below 23530. Keep the stop-loss at 23570
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

Published on May 22, 2026



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *