Day Trading Guide For March-26

₹2282 • HDFC Bank

S1

S2

R1

R2

COMMENT

2267

2255

2295

2310

Fresh long positions are recommended with a stiff stop-loss only if the stock advances above ₹2,295 levels

₹735 • Infosys

S1

S2

R1

R2

COMMENT

730

722

744

752

Initiate fresh long positions with a fixed stop-loss only if the stock reverses higher from ₹730 levels

₹295 • ITC

S1

S2

R1

R2

COMMENT

293

290

297

300

Consider initiating fresh short positions with a stiff stop-loss if the stock of ITC falls below ₹293 levels

₹158 • ONGC

S1

S2

R1

R2

COMMENT

155

152

161

164

Make use of intra-day declines to buy the stock of ONGC while maintaining a fixed stop-loss at ₹155 levels

₹1325 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1311

1295

1336

1350

Fresh short positions can be initiated with a tight stop-loss if the stock of RIL reverses down from ₹1,336 levels

₹293 • SBI

S1

S2

R1

R2

COMMENT

287

280

300

306

Initiate fresh long positions with a stiff stop-loss if the stock of SBI rallies above ₹300 levels

₹1986 • TCS

S1

S2

R1

R2

COMMENT

1965

1945

2005

2025

Make use of intra-day rallies to go short while retaining a tight stop-loss at ₹2,005 levels

11370 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

11320

11270

11420

11470

Initiate fresh short positions with a tight stop-loss if the contract fails to move beyond 11,420 levels

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

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