Day Trading Guide for May 18, 2023
1639 ₹ • HDFC Bank
|
S1 |
S2 |
R1 |
R2 |
comment |
|
1630 |
1600 |
1660 |
1690 |
Buy with a stop loss of 1620. |
1247 rupees • Infosys
|
S1 |
S2 |
R1 |
R2 |
comment |
|
1240 |
1220 |
1275 |
1300 |
Buy the stock with a stop loss of 1230. |
427 rupees • ITC
|
S1 |
S2 |
R1 |
R2 |
comment |
|
423 |
418 |
429 |
433 |
Initiate long positions above 429; Stop loss at 420. |
OMR 167 • ONGC
|
S1 |
S2 |
R1 |
R2 |
comment |
|
166 |
165 |
168 |
170 |
Refrain from trading this stock. |
₹ 2439 • Reliance Ind.
|
S1 |
S2 |
R1 |
R2 |
comment |
|
2420 |
2380 |
2460 |
2500 |
Sell the stock with a stop loss of 2460. |
$586 • SBI
|
S1 |
S2 |
R1 |
R2 |
comment |
|
580 |
572 |
590 |
600 |
buy when 590 is broken; Stop loss at 580. |
3209 rupees • TCS
|
S1 |
S2 |
R1 |
R2 |
comment |
|
3200 |
3160 |
3230 |
3275 |
sell below 3200; Stop loss at 3230. |
18232 • Nifty 50 future contracts
|
S1 |
S2 |
R1 |
R2 |
comment |
|
18160 |
18100 |
18300 |
18380 |
start selling if the price rises to 18300; Stop loss at 18350. |
S1, S2: support 1 and 2; R1, R2: resistance 1 and 2.
Posted May 18, 2023