Day Trading Guide For November 30, 2022

BL Research Bureau Updated - November 30, 2022 at 06:00 AM.

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.

₹1598 • HDFC Bank

S1	S2	R1	R2	COMMENT
1590	1540	1610	1630	Go short on a break below 1590 with a stop-loss at 1605

₹1628 • Infosys

S1	S2	R1	R2	COMMENT
1610	1595	1640	1655	Go short now and at 1635. Keep the stop-loss at 1645

₹342 • ITC

S1	S2	R1	R2	COMMENT
340	338	345	348	Go long now and at 341. Stop-loss can be kept at 339

₹140 • ONGC

S1	S2	R1	R2	COMMENT
139	137	141	143	Outlook is unclear. Avoid trading this stock now

₹2711 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2695	2665	2740	2770	Take fresh longs now. Keep a tight stop-loss at 2685

₹608 • SBI

S1	S2	R1	R2	COMMENT
603	599	612	615	Go short now and at 611. Keep the stop-loss at 614

₹3397 • TCS

S1	S2	R1	R2	COMMENT
3380	3350	3410	3430	Go short only on a break below 3380 with a stop-loss at 3395

18731 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
18670	18600	18800	18850	Wait for dips. Go long at 18680. Keep the stop-loss at 18620

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

Published on November 30, 2022 00:30