Day trading guide

Day Trading Guide for November 12, 2020

| Updated on November 11, 2020 Published on November 12, 2020

₹1389 • HDFC Bank

S1

S2

R1

R2

COMMENT

1375

1360

1400

1414

Consider initiating fresh short positions with a fixed stop-loss if the stock declines below ₹1,375 levels

₹1122 • Infosys

S1

S2

R1

R2

COMMENT

1108

1090

1135

1150

Initiate fresh long positions with a tight stop-loss only if the stock moves beyond ₹1,135 levels

₹185 • ITC

S1

S2

R1

R2

COMMENT

183

180

187

190

Fresh long positions can be initiated with a stiff stop-loss only if the stock of ITC rallies above ₹187 levels

₹72 • ONGC

S1

S2

R1

R2

COMMENT

70

68

75

78

Make use of intraday dips to buy the stock of ONGC while maintaining a fixed stop-loss at ₹70 levels

₹1996 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1980

1960

2020

2040

Initiate fresh short positions with a stiff stop-loss if the stock of RIL falls below ₹1,980 levels

₹234 • SBI

S1

S2

R1

R2

COMMENT

230

225

239

244

Fresh long positions can be initiated with a fixed stop-loss if the stock of SBI rebounds up from ₹230 levels

₹2688 • TCS

S1

S2

R1

R2

COMMENT

2665

2640

2710

2730

Fresh long positions are recommended with a stiff stop-loss only if the stock of TCS climbs above ₹2,710

12755 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

12700

12640

12800

12850

Initiate fresh long positions with a tight stop-loss only if the contract reverses higher from 12,700 levels

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

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Published on November 12, 2020
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