Day trading guide for September 28, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

The 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.

₹1527 • HDFC Bank

S1	S2	R1	R2	COMMENT
1515	1490	1540	1560	Take fresh shorts below 1515 with a stop-loss at 1525

₹1468 • Infosys

S1	S2	R1	R2	COMMENT
1460	1445	1475	1500	Go long only above 1475. Keep the stop-loss at 1465

₹449 • ITC

S1	S2	R1	R2	COMMENT
446	443	452	455	Go long and also at 447. Stop-loss can be placed at 445

₹187 • ONGC

S1	S2	R1	R2	COMMENT
186	185	189	190	Can go either way from here. Avoid trading this stock

₹2369 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2355	2335	2400	2425	Go long now and at 2360. Stop-loss can be kept at 2345

₹590 • SBI

S1	S2	R1	R2	COMMENT
588	584	592	596	Go short only below 588. Keep the stop-loss at 589

₹3588 • TCS

S1	S2	R1	R2	COMMENT
3570	3540	3620	3645	Wait for dips. Go long at 3575. Place the stop-loss at 3560

19720 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
19660	19620	19760	19820	Go long on dips at 19680. Stop-loss can be placed at 19630

S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

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Day trading guide for September 28, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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Day trading guide for September 28, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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