Day Trading Guide for August 4, 2026: Nifty 50 Stocks and Intraday Supports
The day trading guide for August 4, 2026, provides key intraday supports and resistances for widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, and SBI, along with the Nifty 50 Futures. This guide is based on technical analysis and includes intraday trade recommendations with specific entry and stop-loss levels.
Intraday Supports and Resistances for Nifty 50 Stocks
The following table highlights the key intraday supports and resistances for the mentioned stocks:
| Stock | S1 | S2 | R1 | R2 | Comment |
|---|---|---|---|---|---|
| HDFC Bank | 749 | 746 | 758 | 764 | Go long on a bounce from 749 with a stop-loss at 747 |
| Infosys | 1155 | 1135 | 1190 | 1220 | Go long only above 1190. Keep the stop-loss at 1185 |
| ITC | 284 | 280 | 290 | 293 | Wait for dips. Go long at 285. Keep the stop-loss at 283 |
| ONGC | 239 | 236 | 243 | 246 | Take fresh longs only above 243. Keep the stop-loss at 242 |
| Reliance Ind. | 1300 | 1285 | 1318 | 1345 | Go long on dips at 1303. Stop-loss can be kept at 1295 |
| SBI | 1030 | 1020 | 1050 | 1070 | Wait for dips. Go long at 1032 with a stop-loss at 1025 |
| TCS | 2420 | 2380 | 2500 | 2545 | Wait for dips. Go long at 2425. Stop-loss can be placed at 2410 |
| Nifty 50 Futures | 24620 | 24580 | 24720 | 24800 | Go long on dips at 24640 and 24590 with a stop-loss at 24560 |
Market Impact and Details
The following points highlight the market impact and details of the mentioned stocks:
- The Nifty 50 Futures is expected to trade within the range of 24620-24800.
- HDFC Bank is expected to trade within the range of 749-764.
- Infosys is expected to trade within the range of 1155-1220.
- ITC is expected to trade within the range of 284-293.
- ONGC is expected to trade within the range of 239-246.
- Reliance Ind. is expected to trade within the range of 1300-1345.
- SBI is expected to trade within the range of 1030-1070.
- TCS is expected to trade within the range of 2420-2545.
Key Takeaways
- Go long on dips in HDFC Bank at 749 with a stop-loss at 747.
- Go long only above 1190 in Infosys with a stop-loss at 1185.
- Wait for dips in ITC and go long at 285 with a stop-loss at 283.
FAQs
What is the expected range for the Nifty 50 Futures?
The Nifty 50 Futures is expected to trade within the range of 24620-24800.
What is the expected range for HDFC Bank?
HDFC Bank is expected to trade within the range of 749-764.
What is the expected range for Infosys?
Infosys is expected to trade within the range of 1155-1220.
Conclusion
The day trading guide for August 4, 2026, provides key intraday supports and resistances for widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, and SBI, along with the Nifty 50 Futures. This guide is based on technical analysis and includes intraday trade recommendations with specific entry and stop-loss levels. Traders are advised to follow the recommendations and adjust their strategies accordingly.
