Day Trading Guide for December 27

10525 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

10480

10430

10565

10610

Initiate fresh long positions with a stiff stop-loss only if the contract reveres higher from 10480 levels



₹1865 • HDFC Bank

S1

S2

R1

R2

COMMENT

1855

1845

1877

1890

Consider initiating fresh short positions with a stiff stop-loss only if the stock declines below ₹1855 levels



₹1034 • Infosys

S1

S2

R1

R2

COMMENT

1025

1015

1040

1050

Make use of intra-day dips to buy the stock of Infosys while maintaining a fixed stop-loss at ₹1025 levels



₹264 • ITC

S1

S2

R1

R2

COMMENT

262

260

266

269

Fresh long positions are recommended with a tight stop-loss only if the stock of ITC moves beyond ₹266 levels



₹193 • ONGC

S1

S2

R1

R2

COMMENT

191

188

196

200

The stock experiences selling pressure at higher levels. Go short only if it reverses down from ₹196 levels



₹928 • Reliance Ind.

S1

S2

R1

R2

COMMENT

920

910

936

945

Consider initiating fresh long positions with a tight stop-loss only if the stock climbs above ₹936 levels



₹316 • SBI

S1

S2

R1

R2

COMMENT

313

308

322

327

Initiate fresh long positions with a stiff stop-loss if the stock rebounds up from ₹313 levels



₹2642 • TCS

S1

S2

R1

R2

COMMENT

2620

2600

2660

2680

Fresh long positions can be initiated with a tight stop-loss only if the stock of TCS advances above ₹2660 levels



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

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