Day Trading Guide For June-12

₹2045 • HDFC Bank

S1

S2

R1

R2

COMMENT

2035

2025

2057

2070

Initiate fresh short positions with a tight stop-loss if the stock reverses down from ₹2057

₹1263 • Infosys

S1

S2

R1

R2

COMMENT

1250

1240

1270

1280

Make use of intra-day falls to buy the stock of Infosys while retaining a stiff stop-loss at ₹1250

₹269 • ITC

S1

S2

R1

R2

COMMENT

267

265

272

275

Fresh long positions can be initiated with a stiff stop-loss only if the stock rebounds up from ₹267

₹173 • ONGC

S1

S2

R1

R2

COMMENT

170

168

176

179

Consider initiating fresh long positions with a fixed stop-loss if the stock rallies above ₹176

₹982 • Reliance Ind.

S1

S2

R1

R2

COMMENT

971

960

990

1000

Initiate fresh short positions with a tight stop-loss only if the stock of RIL falls below ₹971

₹273 • SBI

S1

S2

R1

R2

COMMENT

269

265

278

284

Fresh long positions are recommended with a stiff stop-loss only if the stock advances above ₹278

₹1750 • TCS

S1

S2

R1

R2

COMMENT

1730

1710

1765

1785

Initiate fresh long positions with a tight stop-loss if the stock of TCS climbs beyond ₹1765

10786 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

10730

10680

10825

10865

Consider initiating fresh long positions with a tight stop-loss only if the contract moves beyond ₹10825

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

Read the rest of this article by Signing up for Portfolio.It's completely free!

What You'll Get





Related

MORE FROM BUSINESSLINE


 Getting recommendations just for you...
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.