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.
| ₹796 • HDFC Bank |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 793 |
788 |
800 |
808 |
Go long only above 800. Stop-loss can be kept at 798 |
| ₹1166 • Infosys |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1160 |
1145 |
1175 |
1190 |
Take fresh shorts below 1160. Keep the stop-loss at 1165 |
| ₹308 • ITC |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 304 |
300 |
309 |
311 |
Go short now and at 309. Stop-loss can be placed at 310 |
| ₹284 • ONGC |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 282 |
279 |
286 |
289 |
Stuck inside a range. Avoid trading the stock now |
| ₹1434 • Reliance Ind. |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1425 |
1410 |
1450 |
1475 |
Take fresh longs above 1450 with a stop-loss at 1445 |
| ₹1093 • SBI |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 1085 |
1075 |
1110 |
1120 |
Go long on dips at 1088. Stop-loss can be kept at 1080 |
| ₹2403 • TCS |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 2385 |
2340 |
2415 |
2430 |
Go short on a break below 2385 with a stop-loss at 2395 |
| 24405 • Nifty 50 Futures |
| S1 |
S2 |
R1 |
R2 |
COMMENT |
| 24300 |
24180 |
24470 |
24550 |
Wait for dips. Go long at 24330 with a stop-loss at 24280 |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on May 8, 2026
Source link
