Day trading guide for January 2, 2025: Intraday supports, resistances for Nifty50 stocks

₹1782 • HDFC Bank S1 S2 R1 R2 COMMENT 1768 1740 1790 1800 Sell the stock with a stop-loss at 1785 if it breaks below 1768. ₹1882 • Infosys S1 S2 R1 R2 COMMENT 1870 1850 1892 1920 Likely to decline. Go short on the stock with a stop-loss at 1900.

₹483 • ITC S1 S2 R1 R2 COMMENT 480 476 492 500 Initiate fresh longs at current level; place a stop-loss at 476. ₹237 • ONGC S1 S2 R1 R2 COMMENT 232 230 240 242 Consider going short if the price slips below 236; stop-loss at 240. ₹1221 • Reliance Ind.



S1 S2 R1 R2 COMMENT 1200 1175 1225 1240 Go long on the stock if it breaks out of 1225; stop-loss at 1175. ₹793 • SBI S1 S2 R1 R2 COMMENT 785 775 800 810 Sell the stock if it breaks below 790; place a stop-loss at 800. ₹4112 • TCS S1 S2 R1 R2 COMMENT 4030 4000 4150 4200 Short the stock now as there is a resistance; keep stop-loss at 4150.

23907 • Nifty 50 Futures S1 S2 R1 R2 COMMENT 23850 23750 24050 24125 If the contract rallies above 23920, go long with a stop-loss at 23850. S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2. Comments.