Day trading guide for December 21, 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

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, 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.

₹1656 • HDFC Bank

S1	S2	R1	R2	COMMENT
1640	1615	1665	1680	Go short only below 1640. Keep the stop-loss at 1650

₹1535 • Infosys

S1	S2	R1	R2	COMMENT
1515	1500	1540	1550	Take fresh short positions now. Keep the stop-loss at 1545

₹450 • ITC

S1	S2	R1	R2	COMMENT
449	446	453	456	Wait for a rise. Go short at 452. Keep the stop-loss at 454

₹204 • ONGC

S1	S2	R1	R2	COMMENT
202	199	206	209	Wait for dips. Go long at 203. Keep the stop-loss at 201

₹2527 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2510	2485	2550	2575	Go short only below 2510. Stop-loss can be kept at 2520

₹636 • SBI

S1	S2	R1	R2	COMMENT
631	628	638	640	Wait for dips. Go long at 632. Keep the stop-loss at 630

₹3780 • TCS

S1	S2	R1	R2	COMMENT
3730	3700	3790	3835	Go short now and at 3785. Stop-loss can be kept at 3805

21169 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
21100	20985	21220	21280	Go short now and also at 21195 with a stop-loss at 21240

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

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Day trading guide for December 21, 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 December 21, 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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