Day Trading Guide For February-16

₹1881 • HDFC Bank

S1

S2

R1

R2

COMMENT

1870

1860

1894

1905

Fresh long positions can be initiated with a stiff stop-loss only if the stock advances above ₹1894 levels

₹1114 • Infosys

S1

S2

R1

R2

COMMENT

1105

1090

1127

1140

Initiate fresh long positions with a fixed stop-loss if the stock of Infosys rebounds up from ₹1105 levels

₹268 • ITC

S1

S2

R1

R2

COMMENT

265

262

271

274

Consider initiating fresh short positions with a fixed stop-loss only if the stock declines below ₹265 levels

₹188 • ONGC

S1

S2

R1

R2

COMMENT

185

185

190

194

Fresh long positions are recommended with a tight stop-loss only if the stock climbs above ₹190 levels

₹934 • Reliance Ind.

S1

S2

R1

R2

COMMENT

925

914

945

955

Initiate fresh long positions with a stiff stop-loss if the stock of RIL reverses higher from ₹925 levels

₹278 • SBI

S1

S2

R1

R2

COMMENT

274

269

284

290

Initiate fresh short positions with a fixed stop-loss only if the stock of SBI fails to move beyond ₹284 levels

₹2925 • TCS

S1

S2

R1

R2

COMMENT

2900

2880

2950

2975

Consider initiating fresh long positions with a stiff stop-loss only if the stock of TCS moves beyond ₹2950 levels

10551 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

10500

10450

10600

10650

Initiate fresh long positions with a tight stop-loss if the contract reverses higher from 10,500 levels

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

c:set var="prUrl" value="https://premium.thehindubusinessline.com" />

Read further by subscribing to

The Hindu Businessline

What You'll Get

  • Web + Mobile

    Access exclusive content of the Hindu Businessline across desktops, tablet and mobile device.


  • Exclusive portfolio stories and investment advice

    Gain exclusive market insights from the Hindu Businessline's research desk.


  • Ad free experience

    Experience cleaner site with zero ads and faster load times.


  • Personalised dashboard

    Customize your preference and get a personalized recommendation of stories based on your intrest.

TOPICS

Related

This article is closed for comments.
Please Email the Editor