Day Trading Guide for June 16, 2023
1581 ₹ • HDFC Bank
|
S1 |
S2 |
R1 |
R2 |
comment |
|
1580 |
1550 |
1600 |
1635 |
Sell the stock with a stop loss of 1600. |
1286 rupees • Infosys
|
S1 |
S2 |
R1 |
R2 |
comment |
|
1275 |
1265 |
1300 |
1330 |
buy if the stock breaks 1300; Stop loss at 1285. |
INR 447 • ITC
|
S1 |
S2 |
R1 |
R2 |
comment |
|
445 |
440 |
450 |
455 |
starting new long positions above 450; Keep the stop loss at 445. |
157 rupees • ONGC
|
S1 |
S2 |
R1 |
R2 |
comment |
|
156 |
152 |
160 |
164 |
Buy the stock with a stop loss of 155. |
₹ 2551 • Reliance Ind.
|
S1 |
S2 |
R1 |
R2 |
comment |
|
2525 |
2500 |
2600 |
2630 |
Buy now and drop to 2530; Stop loss at 2500. |
Rs 566 • SBI
|
S1 |
S2 |
R1 |
R2 |
comment |
|
565 |
555 |
575 |
585 |
sell below 565; Keep the stop loss at 570. |
INR 3216 • TCS
|
S1 |
S2 |
R1 |
R2 |
comment |
|
3200 |
3165 |
3275 |
3325 |
Buy if the stock rebounds from 3200; Stop loss at 3250. |
18739 • Nifty 50 futures contracts
|
S1 |
S2 |
R1 |
R2 |
comment |
|
18725 |
18650 |
18780 |
18835 |
buy the contract if it rebounds from 18725; Keep the stop loss at 18650. |
S1, S2: support 1 and 2; R1, R2: resistance 1 and 2.
Posted on June 16, 2023