Day trading guide

Day Trading Guide For February-20

| Updated on February 19, 2019 Published on February 20, 2019

Need to refresh Regulation must be effective irrespective of the underlying technology istock

₹2084 • HDFC Bank

S1

S2

R1

R2

COMMENT

2072

2060

2100

2115

Fresh long positions are recommended with a stiff stop-loss only if the stock rallies above ₹2,100 levels

₹725 • Infosys

S1

S2

R1

R2

COMMENT

719

710

732

740

Initiate fresh short positions with a tight stop-loss if the stock of Infosys reverses down from ₹732 levels

₹275 • ITC

S1

S2

R1

R2

COMMENT

272

269

277

280

Consider initiating fresh long positions with a fixed stop-loss if the stock of ITC climbs above ₹277 levels

₹139 • ONGC

S1

S2

R1

R2

COMMENT

136

133

142

145

Make use of intra-day dips to initiate fresh long positions while maintaining a stiff stop-loss at ₹133 levels

₹1216 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1205

1190

1230

1245

Initiate fresh long positions with a fixed stop-loss if the stock of RIL rebounds up from ₹1,205 levels

₹262 • SBI

S1

S2

R1

R2

COMMENT

256

250

267

275

Utilise intra-day declines to initiate fresh long positions while retaining a stiff stop-loss at ₹256 levels

₹1904 • TCS

S1

S2

R1

R2

COMMENT

1885

1865

1930

1950

Fresh short positions can be initiated with a tight stop-loss if the stock fails ot move beyond ₹1930 levels

10617 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

10570

10520

10670

10720

Consider initiating fresh long positions with a tight stop-loss only if the contract advances above 10,670 levels

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

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Published on February 20, 2019
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