Day Trading Guide for July 10, 2019

₹2379 • HDFC Bank

S1

S2

R1

R2

COMMENT

2365

2350

2395

2410

Initiate fresh short positions with a fixed stop-loss if the stock fails to move beyond ₹2,395 levels

₹715 • Infosys

S1

S2

R1

R2

COMMENT

708

700

722

730

Consider initiating fresh long positions with a stiff stop-loss only if the stock of Infosys advances above ₹722 levels

₹273 • ITC

S1

S2

R1

R2

COMMENT

270

267

276

279

Make use of intra-day rallies to go short with a tight stop-loss if the stock reverses down from ₹276 levels

₹153 • ONGC

S1

S2

R1

R2

COMMENT

150

147

155

158

Fresh short positions are recommended with a fixed stop-loss only if the stock falls below ₹150 levels

₹1279 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1265

1250

1295

1310

Initiate fresh long positions with a fixed stop-loss if the stock of RIL rebounds up from ₹1,265 levels

₹359 • SBI

S1

S2

R1

R2

COMMENT

352

343

365

373

Fresh short positions can be initiated with a stiff stop-loss if the stock of SBI declines below ₹352 levels

₹2131 • TCS

S1

S2

R1

R2

COMMENT

2110

2090

2150

2170

Consider initiating fresh long positions with a tight stop-loss if the stock reverses higher from ₹2,110 levels

11552 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

11500

11450

11600

11650

Initiate fresh short positions with a fixed stop-loss only if the contract declines below 11,500 levels

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

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