Day Trading Guide For September 28

9739 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

9700

9650

9790

9841

Fresh short positions are recommended with a tight stop-loss only if the contract declines below 9700 levels



₹1775 • HDFC Bank

S1

S2

R1

R2

COMMENT

1765

1750

1786

1800

Initiate fresh short positions with a stiff stop-loss if the stock fails to move beyond ₹1786 levels



₹898 • Infosys

S1

S2

R1

R2

COMMENT

890

880

910

920

Fresh long positions are recommended with a fixed stop-loss only if the stock rallies above ₹910 levels



₹258 • ITC

S1

S2

R1

R2

COMMENT

256

253

261

264

Consider initiating fresh long positions with a tight stop-loss if the stock rebounds up from ₹256 levels



₹170 • ONGC

S1

S2

R1

R2

COMMENT

168

166

173

176

Make use of intra-day declines to buy the stock of ONGC while maintaining a fixed stop-loss at ₹168 levels



₹798 • Reliance Ind.

S1

S2

R1

R2

COMMENT

790

780

810

820

Near-term outlook is bearish for the stock of RIL. Sell in intra-day rally with a stiff stop-loss at ₹810 levels



₹250 • SBI

S1

S2

R1

R2

COMMENT

247

243

254

258

The stock tests a key support at current levels. Go long only if the stock advances above ₹254 levels with a fixed stop-loss



₹2490 • TCS

S1

S2

R1

R2

COMMENT

2475

2455

2510

2530

Initiate fresh long positions with a stiff stop-loss only if the stock of TCS climbs above ₹2510 levels



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

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