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.

₹766 • HDFC Bank
S1 S2 R1 R2 COMMENT
762 750 770 778 Take fresh shorts below 762 with a stop-loss at 764
₹1176 • Infosys
S1 S2 R1 R2 COMMENT
1170 1155 1190 1200 Go short only below 1170. Keep the stop-loss at 1175
₹306 • ITC
S1 S2 R1 R2 COMMENT
303 300 308 310 Go short now and at 307. Keep the stop-loss at 309
₹281 • ONGC
S1 S2 R1 R2 COMMENT
278 275 283 287 Go long on a break above 283 with a stop-loss at 281
₹1386 • Reliance Ind.
S1 S2 R1 R2 COMMENT
1370 1340 1400 1420 Go short now and at 1395. Keep the stop-loss at 1405
₹976 • SBI
S1 S2 R1 R2 COMMENT
966 950 985 1000 Go long on a bounce from 966 with a stop-loss at 962
₹2400 • TCS
S1 S2 R1 R2 COMMENT
2370 2345 2420 2440 Go short now and at 2415. Stop-loss can be kept at 2425
23860 • Nifty 50 Futures
S1 S2 R1 R2 COMMENT
23850 23740 24050 24170 Go short on a break below 23850 with a stop-loss at 23870
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

Published on May 12, 2026



Source link

Leave a Reply

Your email address will not be published.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