Day Trading Guide for June 10\, 2020

Day trading guide

Day Trading Guide for June 10, 2020

| Updated on June 09, 2020 Published on June 10, 2020

₹986 • HDFC Bank

S1

S2

R1

R2

COMMENT

970

950

1000

1015

Initiate fresh short positions with a stiff stop-loss if the stock reverses down from ₹1,000 levels

₹717 • Infosys

S1

S2

R1

R2

COMMENT

710

700

726

735

Fresh long positions can be initiated with a tight stop-loss if the stock rebounds up from ₹710 levels

₹198 • ITC

S1

S2

R1

R2

COMMENT

195

192

201

204

Consider initiating fresh short positions with a fixed stop-loss only if the stock of ITC slumps below ₹195 levels

₹90 • ONGC

S1

S2

R1

R2

COMMENT

88

85

93

96

Fresh long positions are recommended with a stiff stop-loss if the stock of ONGC rallies above ₹93 levels

₹1537 • Reliance Ind.

S1

S2

R1

R2

COMMENT

1520

1505

1555

1570

Make use of intra-day rallies to initiate fresh short positions while maintaining fixed stop-loss at ₹1,555 levels

₹184 • SBI

S1

S2

R1

R2

COMMENT

178

172

190

196

Consider initiating fresh long positions with a stiff stop-loss only if the stock jumps above ₹190 levels

₹2073 • TCS

S1

S2

R1

R2

COMMENT

2050

2030

2095

2115

Fresh short positions are recommended with a fixed stop-loss only if the stock declines below ₹2,050 levels

10034 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

9970

9900

10100

10170

Fresh short positions can be initiated with a tight stop--loss if the contract fails to move beyond 10,100 levels

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

Published on June 10, 2020

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