Pre-Opening Stock Market Intraday Trading Tips June 11

By | June 11, 2018

Mixed global cues suggesting markets may trade on either side. However, the overall trend is bullish and so adopt buy on dips strategy. If you are a day trader, then you can go long on Nifty50 with a stop loss at 10720 level. So, try to enter near support level and exit near resistance zone. Check out more pre-opening stock market intraday trading tips June 11 in Equity, Futures & Options, Commodities, and Currencies.

 



Nifty Range

Today’s range for Nifty50 is 10720-10680 on the downside and on the upside, it may face resistance at 10800-10820.

BankNifty Range

Bank Nifty, has a crucial support level at 26330-26200 and its key resistance levels are at 26525-26600.

FII and DII Activity

Foreign institutional investors (FIIs) sold shares worth Rs. 222.50 crore and domestic institutional investors (DIIs) bought shares around Rs 459.44 crore in the Indian stock market.

Stocks under Ban Period – NSE

Jet Airways, Balrampur Chini, and DHFL are under F&O ban period today.

Stock Market Intraday Trading Tips June 11

Pre-opening day trading calls on Equity, Future & Options, Commodity & Currency.


Equity Stock Market Intraday Trading Tips June 11

Long Tata Motors for a Target of 320, and keep Stop Loss @ 305

Buy Welspun Corp  for a Target of 139, and keep Stop Loss @ 127.50

Long IGL for a Target of 290, and keep Stop Loss @ 272

Future & Options (Put/Call) Day Trading Tips

Long Nifty June 10700 CE (Call Options Trading) near 120 for a Target of 175-220, and keep Stop Loss @ 105

Commodity Day Trading Tips

Buy Crude Oil June Future for a Target of 4490-4560, and keep Stop Loss at 4405

Currency Day Trading Tips

Short USDINR June Future for a Target of 67.55-66.95, and keep Stop Loss at 67.95

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:

Get 380% Return On Multibagger Jackpot Stock SAIL

Create Wealth With Multibagger Jackpot Stock BHEL And Earn More Than 80% ROI

Double Your Money With Coal India Limited (CIL), Multibagger Jackpot Stock – 17 April 2017

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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