Day trading guide

Day Trading Guide for November 30, 2021

| Updated on: Nov 30, 2021
image caption

₹1499 • HDFC Bank

1490

1465

1510

1535

Hovers above a support. Go short on a break below 1490. Keep the stop-loss at 1505

₹1696 • Infosys

1690

1660

1715

1750

Initiate fresh short positions with a stop-loss at 1705 only if the stock breaks below 1690.

₹222 • ITC

220

217

226

230

Wait for a break below 220 to initiate fresh short position. Stop-loss can be kept at 223

₹144 • ONGC

142

135

146

149

Near-term outlook is unclear. Avoid trading this stock until a clear trend emerges

₹2438 • Reliance Ind.

2400

2350

2450

2490

Has reversed down from the resistance. Take fresh short positions with a stop-loss at 2475

₹466 • SBI

460

454

476

483

Downtrend is intact. Go short now and also on rallies at 473. Keep the stop-loss at 479

₹3504 • TCS

3450

3400

3550

3575

Range bound. Wait for rise and go short at 3545 and 3570. Stop-loss can be kept at 3595

17093 • Nifty 50 Futures

17000

16650

17280

17430

Make use of rallies to go short at 17190 and 17260. Keep the stop-loss at 17320

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

Published on November 29, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

COMMENTS
This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you