Day Trading Guide for Jan 16, 2026: Intraday supports, resistances for Nifty50

Day Trading Guide for Jan 16, 2026: Intraday supports, resistances for Nifty50

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.

₹925 • HDFC Bank
S1S2R1R2COMMENT
920913930935Go short now and at 928. Keep the stop-loss at 932
₹1607 • Infosys
S1S2R1R2COMMENT
1585155516251645Go long only above 1625. Keep the stop-loss at 1620
₹335 • ITC
S1S2R1R2COMMENT
333330336339Go short only below 333. Stop-loss can be placed at 334
₹248 • ONGC
S1S2R1R2COMMENT
246244251253Wait for dips. Go long at 247. Keep the stop-loss at 245
₹1458 • Reliance Ind.
S1S2R1R2COMMENT
1450144014701485Take fresh longs only above 1470 with a stop-loss at 1465
₹1030 • SBI
S1S2R1R2COMMENT
1020101010451060Go long now and at 1023. Stop-loss can be kept at 1015
₹3197 • TCS
S1S2R1R2COMMENT
3175315032253250Go short on a break below 3175. Keep the stop-loss at 3185
25725 • Nifty 50 Futures
S1S2R1R2COMMENT
25660255802580026020Take fresh longs only above 25800 with a stop-loss at 25740
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

Published on January 16, 2026

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