Day Trading Guide for January 11

10637 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

10595

10550

10675

10725

Fresh long positions are recommended with a fixed stop-loss only if the contract rallies above 10675 levels



₹1862 • HDFC Bank

S1

S2

R1

R2

COMMENT

1850

1840

1870

1880

Make use of intra-day rallies to sell the stock while maintaining a tight stop-loss at ₹1870 levels



₹1051 • Infosys

S1

S2

R1

R2

COMMENT

1040

1030

1060

1070

Fresh long positions can be initiated with a stiff stop-loss if the stock rebounds up from ₹1040 levels



₹269 • ITC

S1

S2

R1

R2

COMMENT

267

264

272

275

Initiate fresh long positions with a tight stop-loss only if the stock of ITC advances above ₹272 levels



₹197 • ONGC

S1

S2

R1

R2

COMMENT

194

191

200

203

Consider initiating fresh long positions with a fixed stop-loss if the stock of ONGC moves beyond ₹200 levels



₹941 • Reliance Ind.

S1

S2

R1

R2

COMMENT

930

920

950

960

Utilise intra-day declines to buy the stock of RIL while retaining a fixed stop-loss at ₹930 levels



₹301 • SBI

S1

S2

R1

R2

COMMENT

295

290

306

310

Make use of intra-day rallies to sell the stock with a stiff stop-loss placed at ₹306 levels



₹2807 • TCS

S1

S2

R1

R2

COMMENT

2780

2760

2830

2850

The stock of TCS gained 3.6 per cent in last session. Buy in the stock in declines with a fixed stop-loss



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.

This article is closed for comments.
Please Email the Editor