Day trading guide

Day Trading Guide for July 28, 2021

| Updated on July 27, 2021

₹1441 • HDFC Bank

S1

S2

R1

R2

COMMENT

1430

1415

1455

1470

Consider initiating fresh long positions with a fixed stop-loss if the stock rallies above ₹1,455 levels

₹1602 • Infosys

S1

S2

R1

R2

COMMENT

1590

1575

1613

1625

Initiate fresh long positions with a tight stop-loss if the stock of Infosys reverses higher from ₹1,590 levels

₹208 • ITC

S1

S2

R1

R2

COMMENT

206

204

211

213

Fresh long positions can be initiated with a fixed stop-loss if the stock of ITC rebounds up from ₹206 levels

₹114 • ONGC

S1

S2

R1

R2

COMMENT

112

110

116

119

Fresh short positions are recommended with a stiff stop-loss only if the stock declines below ₹112 levels

₹2054 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2040

2020

2072

2090

Consider initiating fresh long positions with a tight stop-loss if the stock advances above ₹2,072 levels

₹429 • SBI

S1

S2

R1

R2

COMMENT

424

418

433

439

Make use of intraday dips to buy the stock of SBI while maintaining a fixed stop-loss at ₹424 levels

₹3183 • TCS

S1

S2

R1

R2

COMMENT

3160

2140

3200

3220

Fresh long positions can be initiated with a stiff stop-loss if the stock of TCS climbs above ₹3,200 levels

15734 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15680

15630

15785

15840

Initiate fresh long positions with a tight stop-loss only if the contract advances above 15,785 levels

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

Published on July 28, 2021

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