Day Trading Guide For July-26

₹2173 • HDFC Bank

S1

S2

R1

R2

COMMENT

2160

2145

2185

2198

Initiate fresh long positions with a tight stop-loss if the stock reverses higher from ₹2160 levels

₹1383 • Infosys

S1

S2

R1

R2

COMMENT

1370

1360

1395

1410

As long as the stock trades above the base level of ₹1370, the intra-day view remains positive. Buy in dips

₹286 • ITC

S1

S2

R1

R2

COMMENT

284

281

289

292

Make use of intra-day dips to buy the stock of ITC while maintaining a stiff stop-loss at ₹284 levels

₹159 • ONGC

S1

S2

R1

R2

COMMENT

156

154

162

165

Fresh long positions can be initiated with a tight stop-loss if the stock of ONGC reverses higher from ₹156 levels

₹1114 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1102

1090

1122

1135

Initiate fresh long positions with a fixed stop-loss if the stock of RIL manages to bounce back from ₹1102 levels

₹271 • SBI

S1

S2

R1

R2

COMMENT

266

262

275

280

Utilise intra-day declines to buy the stock while retaining a fixed stop-loss at ₹266 levels

₹1979 • TCS

S1

S2

R1

R2

COMMENT

1960

1940

2000

2020

Fresh short positions are recommended with a stiff stop-loss if the stock falls below ₹1960 levels

11136 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

11085

11035

11185

11230

Consider initiating fresh long positions with a tight stop-loss if the contract reverses higher from 11,085 levels

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

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