Day trading guide for September 29, 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.

₹1523 • HDFC Bank

S1	S2	R1	R2	COMMENT
1515	1490	1540	1560	Go short below 1515. Stop-loss can be kept at 1525

₹1440 • Infosys

S1	S2	R1	R2	COMMENT
1420	1395	1450	1470	Go short now and at 1445. Keep the stop-loss at 1455

₹441 • ITC

S1	S2	R1	R2	COMMENT
438	435	444	449	Go short only below 438. Stop-loss can be kept at 439

₹188 • ONGC

S1	S2	R1	R2	COMMENT
186	185	190	193	Go long above 190. Stop-loss can be placed at 189

₹2334 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2310	2280	2360	2385	Wait for a rise. Go short at 2355 with a stop-loss at 2370

₹590 • SBI

S1	S2	R1	R2	COMMENT
587	584	592	595	Go short now and at 591. Keep the stop-loss at 593

₹3537 • TCS

S1	S2	R1	R2	COMMENT
3515	3490	3590	3630	Wait for dips. Go long at 3520. Keep the stop-loss at 3505

19655 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
19550	19450	19735	19800	Go short on a reversal from 19735 with a stop-loss at 19765

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

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Day trading guide for September 29, 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 29, 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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