Day Trading Guide For September-18

S1

S2

R1

R2

COMMENT

1982

1967

2005

2029

Fresh short positions can be initiated with a fixed stop-loss if the stock fails to move beyond ₹2,005 levels

S1

S2

R1

R2

COMMENT

720

712

734

742

Consider initiating fresh short positions with a stiff stop-loss if the stock of Infosys falls below ₹720 levels

S1

S2

R1

R2

COMMENT

298

296

305

308

Near-term outlook is turning bearish for the stock of ITC. Make use of rallies to sell the stock with a fixed stop-loss

S1

S2

R1

R2

COMMENT

169

166

174

177

Fresh long positions are recommended with a tight stop-loss only if the stock advances above ₹174 levels

S1

S2

R1

R2

COMMENT

1210

1190

1238

1252

The stock is experiencing selling pressure at higher levels. Consider selling in intra-day rally with a stiff stop-loss

S1

S2

R1

R2

COMMENT

280

275

290

296

Fresh short positions can be initiated with a tight stop-loss if the stock of SBI reverses down from ₹290 levels

S1

S2

R1

R2

COMMENT

2050

2030

2095

2115

Initiate fresh long positions with a stiff stop-loss if the stock rebounds up from ₹2,050 levels

S1

S2

R1

R2

COMMENT

11360

11310

11460

11510

Fresh short positions can be initiated with a tight stop-loss if the contract fails to move above 11,460 levels