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, and 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.
| ₹1758 • HDFC Bank |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1740 |
1715 |
1800 |
1835 |
Go long on dips at 1755 and 1745 with a stop-loss at 1730 |
| ₹1398 • Infosys |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1385 |
1365 |
1445 |
1475 |
Go long now and at 1390. Keep the stop-loss at 1375 |
| ₹406 • ITC |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 403 |
399 |
409 |
413 |
Take fresh shorts at 408. Stop-loss can be kept at 410 |
| ₹220 • ONGC |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 215 |
212 |
224 |
228 |
Wait for dips. Go long at 216. Keep the stop-loss at 214 |
| ₹1166 • Reliance Ind. |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1150 |
1110 |
1185 |
1200 |
Go long on dips at 1160. Keep the stop-loss at 1145 |
| ₹746 • SBI |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 738 |
731 |
753 |
762 |
Go long only above 753. Keep the stop-loss at 751 |
| ₹3277 • TCS |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 3235 |
3175 |
3315 |
3400 |
Go long only on a break above 3315. Keep the stop-loss at 3305 |
| 22320 • Nifty 50 Futures |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 22150 |
21860 |
22380 |
22430 |
Take fresh longs only above 22380 with a stop-loss at 22360 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on April 8, 2025
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