Day Trading Guide For September 13

Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:

10107 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

10055

10010

10150

10200

Make use of intra-day dips to initiate fresh long positions while retaining a fixed stop-loss at 10055 levels



₹1834 • HDFC Bank

S1

S2

R1

R2

COMMENT

1825

1815

1840

1850

Fresh long positions are recommended with a fixed stop-loss only if the contract moves beyond ₹1840 levels



₹883 • Infosys

S1

S2

R1

R2

COMMENT

870

860

890

900

Initiate fresh long positions with a stiff stop-loss if the stock rebounds up from ₹870 levels



₹277 • ITC

S1

S2

R1

R2

COMMENT

274

271

300

303

Make use of intra-day dips to initiate fresh long positions while maintaining a tight stop-loss at ₹274 levels



₹162 • ONGC

S1

S2

R1

R2

COMMENT

160

157

165

168

Consider initiating fresh long positions with a stiff stop-loss only if the stock of ONGC rallies above ₹165 levels



₹823 • Reliance Ind.

S1

S2

R1

R2

COMMENT

813

803

830

840

Initiate fresh long positions with a stiff stop-loss if the stock reverses higher from ₹813 levels



₹273 • SBI

S1

S2

R1

R2

COMMENT

271

268

277

280

The stock tests a key support at current levels. Go long with fixed stop-loss if the stock advances above ₹277 levels



₹2486 • TCS

S1

S2

R1

R2

COMMENT

2465

2450

2500

2520

Initiate fresh long positions with a tight stop-loss if the stock of TCS climbs beyond ₹2500 levels



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

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