Day trading guide

Day Trading Guide for June 25, 2021

| Updated on June 24, 2021

₹1506 • HDFC Bank

S1

S2

R1

R2

COMMENT

1494

1480

1520

1533

Initiate fresh long positions with a stiff stop-loss if the stock of reverses higher from ₹1,494 levels

₹1559 • Infosys

S1

S2

R1

R2

COMMENT

1544

1532

1570

1580

Make use of intraday dips to buy the stock while maintaining a fixed stop-loss at ₹1,544 levels

₹203 • ITC

S1

S2

R1

R2

COMMENT

201

198

205

207

Fresh long positions are recommended with a stiff stop-loss only if the stock of ITC rallies above ₹205 levels

₹122 • ONGC

S1

S2

R1

R2

COMMENT

120

117

125

128

Initiate fresh short positions with a tight stop-loss if the stock of ONGC falls below ₹120 levels

₹2153 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2135

2115

2175

2195

Consider initiating fresh short positions with a fixed stop-loss if the stock fails to move beyond ₹2,175 levels

₹417 • SBI

S1

S2

R1

R2

COMMENT

412

407

423

429

Fresh long positions are recommended with a tight stop-loss if the stock of SBI advances above ₹423 levels

₹3373 • TCS

S1

S2

R1

R2

COMMENT

3350

3325

3390

3410

Initiate fresh long positions with a fixed stop-loss if the stock rebounds up from ₹3,350 levels

15791 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15740

15690

15860

15910

Consider initiating fresh long positions with a tight stop-loss if the contract reverses higher from 15,740 levels

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

Published on June 25, 2021

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