Stocks

Day Trading Guide for December 30, 2016

YOGANAND D BL Research Bureau | Updated on January 16, 2018 Published on December 29, 2016

bl29_DTG

• Nifty 50 Futures (8101)

COMMENT: Tests a key resistance at 8,100. Go long on a strong rally beyond this level with a tight stop-loss



• HDFC Bank (₹1201)

COMMENT: Initiate fresh long positions with a stiff stop-loss if the stock reverses higher from ₹1190 levels



(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)

Published on December 29, 2016
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