Day trading guide for January 9, 2024: 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.

₹1664 • HDFC Bank

S1	S2	R1	R2	COMMENT
1645	1630	1675	1690	Go short now and at 1670. Keep the stop-loss at 1680

₹1523 • Infosys

S1	S2	R1	R2	COMMENT
1510	1490	1540	1510	Go short only below 1510. Keep the stop-loss at 1515

₹465 • ITC

S1	S2	R1	R2	COMMENT
463	460	468	470	Go short now and at 467. Stop-loss can be kept at 469

₹218 • ONGC

S1	S2	R1	R2	COMMENT
216	213	220	223	Wait for a rise. Go short at 219 with a stop-loss at 221

₹2586 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2575	2545	2600	2630	Go short only below 2575. Keep the stop-loss at 2585

₹627 • SBI

S1	S2	R1	R2	COMMENT
623	618	632	636	Go short now and at 631. Stop-loss can be placed at 634

₹3678 • TCS

S1	S2	R1	R2	COMMENT
3650	3620	3710	3730	Wait for a rise. Go short at 3700. Stop-loss can be kept at 3720

21570 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
21480	21400	21680	21800	Go short on a rise at 21630. Stop-loss can be placed at 21720

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

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Day trading guide for January 9, 2024: 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 January 9, 2024: 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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