Day Trading Guide for December 28, 2021

₹1453 • HDFC Bank

S1

S2

R1

R2

Comment

1430

1410

1460

1495

further resistance. Go long only if the stock breaks above 1460. The stop-loss is set to 1435. keep on

₹1869 • Infosys

S1

S2

R1

R2

Comment

1840

1800

1875

1900

Initiate fresh long position with stop-loss at 1845 only if the stock breaks above 1875.

₹218 • ITC

S1

S2

R1

R2

Comment

215

210

220

226

Near term outlook is bullish. Now go Long and Dips at 216. The stop-loss is set to 213. keep on

₹137 • ONGC

S1

S2

R1

R2

Comment

135

132

140

143

The immediate outlook is not clear. Avoid trading in this stock until a clear trend is visible

₹ 2375 • Reliance Industries.

S1

S2

R1

R2

Comment

2340

2300

2380

2435

There is room to go up. Go long and dip at 2345. Stop-loss 2310. can be placed on

₹ 459 • SBI

S1

S2

R1

R2

Comment

451

445

461

465

Wait for the rally and start new short positions at 463. The stop-loss is set to 468. keep on

₹3697 • TCS

S1

S2

R1

R2

Comment

3650

3600

3740

3810

Outlook is bullish. Take the long journey now and deposit on dips at 3660 with stop loss at 3635

17118 • Nifty 50 Futures

S1

S2

R1

R2

Comment

17000

16950

17180

17300

further resistance. Proceed for a long time only when 17120 . But if the contract with stop-loss is broken above 17180

S1, S2: Support 1 and 2; R1, R2: Resistors 1 and 2.

Published on

December 28, 2021