Day trading guide

Day Trading Guide For July-12

| Updated on July 11, 2018 Published on July 11, 2018

₹2146 • HDFC Bank

S1

S2

R1

R2

COMMENT

2135

2122

2160

2175

Fresh long positions can be initiated with a stiff stop-loss if the stock reverses higher from ₹2,135 levels

₹1320 • Infosys

S1

S2

R1

R2

COMMENT

1305

1290

1335

1350

Initiate fresh long positions with a tight stop-loss if the stock of Infosys advances above ₹1,335 levels

₹275 • ITC

S1

S2

R1

R2

COMMENT

273

270

278

281

Consider initiating fresh long positions with a fixed stop-loss only if the stock of ITC moves beyond ₹278 levels

₹157 • ONGC

S1

S2

R1

R2

COMMENT

155

152

160

163

Fresh long positions are recommended with a tight stop-loss only if the stock of ONGC rallies above ₹160 levels

₹1036 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1025

1015

1050

1065

As long as the stock trades above ₹1,025, its near-term stance will remain bullish. Buy with fixed stop-loss

₹258 • SBI

S1

S2

R1

R2

COMMENT

254

250

263

267

Make use of intra-day rallies to initiate fresh short positions while maintaining a tight stop-loss at ₹263 levels

₹1979 • TCS

S1

S2

R1

R2

COMMENT

1960

1940

2000

2020

Fresh long positions can be initiated with a fixed stop-loss if the stock of TCS rebounds up from ₹1,960 levels

10938 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

10900

10850

10980

11030

Initiate fresh long positions with a tight stop-loss only if the contract reverses higher from 10,900 levels

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

Published on July 11, 2018
This article is closed for comments.
Please Email the Editor