Day trading guide for December 29, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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.

₹1705 • HDFC Bank

S1	S2	R1	R2	COMMENT
1700	1680	1720	1740	Go long now and also at 1700. Keep a stop-loss at 1690

₹1563 • Infosys

S1	S2	R1	R2	COMMENT
1555	1540	1570	1590	Go long only above 1570. Keep the stop-loss at 1565

₹464 • ITC

S1	S2	R1	R2	COMMENT
460	457	466	469	Wait for dips. Go long at 462. Keep the stop-loss at 459

₹208 • ONGC

S1	S2	R1	R2	COMMENT
206	204	210	212	Go long now and at 207. Stop-loss can be kept at 205

₹2606 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2590	2570	2620	2650	Go long now and at 2595. Stop-loss can be kept at 2585

₹651 • SBI

S1	S2	R1	R2	COMMENT
646	641	653	660	Go long only above 653. Stop-loss can be placed at 651

₹3801 • TCS

S1	S2	R1	R2	COMMENT
3780	3760	3820	3845	Wait for dips. Go long at 3785. Keep the stop-loss at 3770

21930 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
21800	21730	21950	22020	Go long on a break above 21950. Keep the stop-loss at 21930

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

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Day trading guide for December 29, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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Day trading guide for December 29, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

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