Day Trading Guide For September-21

₹1961 • HDFC Bank

S1

S2

R1

R2

COMMENT

1950

1935

1975

1990

Initiate fresh short positions with a fixed stop-loss if the stock fails to move beyond ₹1,975 levels

₹720 • Infosys

S1

S2

R1

R2

COMMENT

710

700

727

735

Fresh long positions are recommended with a tight stop-loss only if the stock rallies above ₹727 levels

₹299 • ITC

S1

S2

R1

R2

COMMENT

296

293

302

305

Make use of intra-day rallies to initiate fresh short positions with a stiff stop-loss placed at ₹302 levels

₹176 • ONGC

S1

S2

R1

R2

COMMENT

173

170

179

182

Near-term stance is bearish for the stock of ONGC while maintaining a stiff stop-loss at ₹173 levels

₹1210 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1198

1180

1223

1235

Consider initiating fresh short positions with a tight stop-loss only if the stock of RIL falls below ₹1,198 levels

₹271 • SBI

S1

S2

R1

R2

COMMENT

265

260

276

282

The stock of SBI tests key support levels. Go long with a fixed stop-loss if the stock climbs beyond ₹276 levels

₹2076 • TCS

S1

S2

R1

R2

COMMENT

2055

2035

2095

2115

Initiate fresh long positions with a stiff stop-loss only if the stock of TCS advances above ₹2,095 levels

11272 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

11220

11170

11325

11375

Consider initiating fresh long positions with a fixed stop-loss only if the contract moves above 11,325 levels

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

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