Day Trading Guide For February 1

₹2006 • HDFC Bank

S1

S2

R1

R2

COMMENT

1995

1985

2015

2025

Initiate fresh long positions with a fixed stop-loss if the stock rebound up from ₹1995 levels

₹1150 • Infosys

S1

S2

R1

R2

COMMENT

1140

1130

1162

1172

Consider initiating fresh short positions with a stiff stop-loss only if the stock declines below ₹1140 levels

₹271 • ITC

S1

S2

R1

R2

COMMENT

268

265

273

275

Fresh short positions are recommended with tight stop-loss only if the stock falls below ₹268 levels

₹203 • ONGC

S1

S2

R1

R2

COMMENT

200

197

207

210

Initiate fresh long positions with a stiff stop-loss if the stock of ONGC advances above ₹207 levels

₹961 • Reliance Ind.

S1

S2

R1

R2

COMMENT

950

940

972

982

Consider initiating fresh long positions with a tight stop-loss if the stock of RIL moves beyond ₹972 levels

₹312 • SBI

S1

S2

R1

R2

COMMENT

306

300

319

325

Initiate fresh short positions with a stiff stop-loss only if the stock declines below ₹306 levels

₹3111 • TCS

S1

S2

R1

R2

COMMENT

3090

3070

3130

3153

Make use of intra-day rallies to initiate fresh short positions while maintaining a fixed stop-loss at ₹3130 levels

11055 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

11000

10950

11100

11150

Fresh long positions are recommended with a fixed stop-loss only if the contract advances above 11,100 levels

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

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