Day Trading Guide for January 7, 2025

₹1711 • HDFC Bank

S1

S2

R1

R2

COMMENT

1700

1670

1750

1790

Go short below 1700. Stop-loss can be kept at 1710

₹1938 • Infosys

S1

S2

R1

R2

COMMENT

1920

1900

1950

1975

Go short only below 1920. Keep the stop-loss at 1925

₹445 • ITC

S1

S2

R1

R2

COMMENT

441

437

448

452

Go short only below 441. Stop-loss can be placed at 443

₹255 • ONGC

S1

S2

R1

R2

COMMENT

252

248

256

261

Go short only below 252. Stop-loss can be kept at 253

₹1218 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1210

1200

1230

1240

Wait for dips. Go long at 1210 with a stop-loss at 1205

₹778 • SBI

S1

S2

R1

R2

COMMENT

774

769

781

786

Go short only below 774. Stop-loss can be kept at 776

₹4090 • TCS

S1

S2

R1

R2

COMMENT

4065

4035

4105

4140

Go short now and also at 4100. Stop-loss can be placed at 4120

23729 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

23570

23400

23875

23920

Go short now and at 23780. Stop-loss can be placed at 23820

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

Published on January 6, 2025

Related Content

December inflation rises to 2.9%

Kemerton gas plant licence expanded

Housing stifles Esperance’s growth

Leave a Comment