Strong global cues suggesting gap up opening in Dalal Street as well. Traders may adopt buy on dips strategies. However, I feel the momentum likely to continue further and Nifty may test the 11K level soon. Check out more pre-opening stock market intraday trading tips July 10 in Equity, Futures & Options, Commodities, and Currencies.
You can scan stocks for day trading by using BuzzingStock Screener. It suggests you whether a stock is bullish or bearish in real time that helps you to take a trading decision. Furthermore, it has different technical strategies like Moving Averages, OHL, 52 Week High Low, Previous Day High Low, and more.
Nifty Range – Day Trading
Today’s range for Nifty50 is 10820-10790 on the downside and on the upside, it may face resistance at 10875-10895.
Bank Nifty, has a crucial support level at 26650-26550 and its key resistance levels are at 26820-26885.
FII and DII Activity
Foreign institutional investors (FIIs) sold shares worth Rs. 569.91 crore. Domestic institutional investors (DIIs) sold shares around Rs 740.9 crore in the Indian stock market.
Stocks under F&O Ban Period – NSE
IDBI Bank is under F&O ban period today.
Hot Stocks in Focus Today
HCL Technologies, Dish TV, L&T Infotech, J&K Bank, Hindustan Copper, HDFC Bank
Stock Market Intraday Trading Tips July 10
Pre-opening day trading calls on Equity, Future & Options, Commodity & Currency.
Equity Stock Market Intraday Trading Tips July 10
Long Jublfood for a Target of 1449, and keep Stop Loss @ 1399
Buy STC for a Target of 144.5, and keep Stop Loss @ 137
Long HCL Tech for a Target of 1000, and keep Stop Loss @ 955
Future & Options (Put/Call) Day Trading Tips
Long Nifty July 10800 CE (Call Options Trading) for a Target of 150-180, and keep Stop Loss @ 115
Commodity Day Trading Tips
Short Crude Oil July Future for a Target of 5010-4970, and keep Stop Loss at 5075
Currency Day Trading Tips
Short USDINR July Future for a Target of 68.70-68.60 and keep Stop Loss at 68.95
Before any trade, you can also look into the NSE top gainers and losers for the day that may help you to make your move more profitable. You can also use technical tools like Fibonacci Calculator and Pivot Point Calculator that allows you to know your target.
Before you trade, keep an eye on global economic events and domestic earning calendar and trade accordingly. Moreover, you can expect good monsoon this season. So, you can focus on rural-based consumption stocks for short-term investment.
Check out Multibagger Jackpot Stocks Ideas also:
I hope you have made money from stock market trading ideas. If you have any query, feel free to ask me in the comments section below.
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