Day trading guide

Day Trading Guide for June 29, 2021

| Updated on June 28, 2021

₹1512 • HDFC Bank

S1

S2

R1

R2

COMMENT

1500

1485

1525

1540

Consider initiating fresh long positions with a stiff stop-loss if the stock climbs above ₹1,525 levels

₹1571 • Infosys

S1

S2

R1

R2

COMMENT

1560

1545

1580

1590

Initiate fresh short positions with a tight stop-loss only if the stock of Infosys falls below ₹1,560 levels

₹203 • ITC

S1

S2

R1

R2

COMMENT

201

198

205

207

Fresh short positions can be initiated with a tight stop-loss if the stock of ITC declines below ₹201 levels

₹122 • ONGC

S1

S2

R1

R2

COMMENT

120

117

125

128

Fresh long positions are recommended with a stiff stop-loss if the stock of ONGC advances above ₹125 levels

₹2086 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2060

2040

2104

2125

Initiate fresh long positions with a fixed stop-loss only if the stock of RIL rallies beyond ₹2,104 levels

₹426 • SBI

S1

S2

R1

R2

COMMENT

420

415

431

437

Fresh long positions can be initiated with a tight stop-loss if the stock rebounds up from ₹420 levels

₹3335 • TCS

S1

S2

R1

R2

COMMENT

3320

3300

3355

3375

Make use of intraday rallies to initiate fresh short positions while maintaining a fixed stop-loss at ₹3,355 levels

15854 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15800

15730

15910

15970

Initiate fresh long positions with a tight stop-loss only if the contract moves above 15,910 levels

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

Published on June 29, 2021

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