Day Trading Guide for Today

₹1694 • HDFC Bank

S1

S2

R1

R2

COMMENT

1670

1650

1725

1760

Wait for a rise. Go short at 1720 with a stop-loss at 1735

₹1933 • Infosys

S1

S2

R1

R2

COMMENT

1920

1880

1960

1990

Go short only below 1920. Keep the stop-loss at 1930

₹450 • ITC

S1

S2

R1

R2

COMMENT

447

445

452

455

Go long only above 452. Stop-loss can be placed at 451

₹271 • ONGC

S1

S2

R1

R2

COMMENT

267

263

274

278

Go long only above 274. Stop-loss can be kept at 272

₹1265 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1250

1230

1270

1285

Go short only below 1250. Keep the stop-loss at 1255

₹771 • SBI

S1

S2

R1

R2

COMMENT

768

760

775

783

Go short only below 768. Stop-loss can be placed at 770

₹4107 • TCS

S1

S2

R1

R2

COMMENT

4040

4000

4140

4200

Go long on dips at 4070 and 4050. Keep the stop-loss at 4020

23776 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

23700

23600

23900

24150

Go short on a break below 23700. Keep the stop-loss at 23740

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

Published on January 9, 2025

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