Day trading guide for October 03, 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.

₹1526 • HDFC Bank

S1	S2	R1	R2	COMMENT
1515	1490	1540	1560	Go short only below 1515. Keep the stop-loss at 1525

₹1435 • Infosys

S1	S2	R1	R2	COMMENT
1415	1400	1450	1470	Wait for a rise. Go short at 1445 with a stop-loss at 1455

₹444 • ITC

S1	S2	R1	R2	COMMENT
439	435	447	450	Go long on dips at 440. Stop-loss can be kept at 438

₹192 • ONGC

S1	S2	R1	R2	COMMENT
190	188	194	196	Go long now and at 191. Keep the stop-loss at 189

₹2346 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2320	2300	2385	2400	Wait for dips. Go long at 2325 with a stop-loss at 2310

₹599 • SBI

S1	S2	R1	R2	COMMENT
595	591	600	603	Go long only above 600. Stop-loss can be kept at 599

₹3531 • TCS

S1	S2	R1	R2	COMMENT
3515	3490	3540	3570	Go long on a bounce from 3515. Keep the stop-loss at 3505

19714 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
19640	19570	19830	19920	Go long only on a break above 19830 with a stop-loss at 19780

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

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Day trading guide for October 03, 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 October 03, 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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