Day Trading Guide for September 15\, 2020

Day trading guid

Day Trading Guide for September 15, 2020

| Updated on September 14, 2020 Published on September 15, 2020

₹1057 • HDFC Bank

S1

S2

R1

R2

COMMENT

1045

1030

1070

1085

Initiate fresh short positions with a fixed stop-loss if the stock declines below ₹1,045 levels

₹977 • Infosys

S1

S2

R1

R2

COMMENT

970

960

985

995

Near-term view is bullish for the stock of Infosys. Buy in declines with a tight stop-loss at ₹970 levels

₹183 • ITC

S1

S2

R1

R2

COMMENT

181

178

185

188

Fresh short positions can be initiated with a stiff stop-loss if the stock of ITC falls below ₹181 levels

₹73 • ONGC

S1

S2

R1

R2

COMMENT

71

69

76

79

Initiate fresh short positions with a tight stop-loss if the stock of ONGC reverses down from ₹76 levels

₹2302 • Reliance Ind.

S1

S2

R1

R2

COMMENT

2280

2260

2320

2338

Consider initiating fresh long positions with a stiff stop-loss if the stock of RIL rebounds up from ₹2,280 levels

₹198 • SBI

S1

S2

R1

R2

COMMENT

193

188

206

211

Fresh short positions can be initiated with a tight top-loss if the stock of SBI fails to move beyond ₹206 levels

₹2492 • TCS

S1

S2

R1

R2

COMMENT

2470

2450

2515

2535

Make use of intra-day dips to buy the stock while maintaining a stiff stop-loss at ₹2,470 levels

11451 • Nifty 50 Futures

S1

S2

R1

R2

COMMENT

11400

11340

11500

11560

Consider initiating fresh long positions with a tight stop-loss only if the contract jumps above 11,500 levels

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

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Published on September 15, 2020