Day trading guide

Day Trading Guide for May 27, 2021

| Updated on May 26, 2021

₹1476 • HDFC Bank

S1

S2

R1

R2

COMMENT

1465

1450

1490

1505

Fresh long positions are recommended with a tight stop-loss only if the stock rallies above ₹1,490 levels

₹1397 • Infosys

S1

S2

R1

R2

COMMENT

1383

1370

1410

1420

The stock is experiencing buying interest. Make use of intraday dips to buy it with a fixed stop-loss at ₹1,383

₹210 • ITC

S1

S2

R1

R2

COMMENT

208

205

213

216

Consider initiating fresh long positions with a stiff stop-loss only if the stock moves beyond ₹213 levels

₹113 • ONGC

S1

S2

R1

R2

COMMENT

111

108

115

118

Initiate fresh short positions with a fixed stop-loss if the stock of ONGC falls below ₹111 levels

₹1969 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1950

1930

1990

2010

Fresh short positions are recommended with a stiff stop-loss if the stock declines below ₹1,950 levels

₹413 • SBI

S1

S2

R1

R2

COMMENT

408

400

418

424

Consider initiating fresh long positions with a tight stop-loss if the stock of SBI rebounds up from ₹408 levels

₹3158 • TCS

S1

S2

R1

R2

COMMENT

3135

3115

3180

3200

Initiate fresh long positions with a fixed stop-loss if the stock reverses higher from ₹3,135 levels

15303 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

15250

15190

15350

15400

Fresh long positions are recommended with a tight stop-loss if the contract advances above 15,350 levels

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

Published on May 27, 2021

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