After strong rally on yesterday trading session, Indian stock market likely to open with a flat note. You can expect Nifty50 to open near 10100 and so, go long on Nifty50 for a target of 10150 with Stop Loss at 10080 for day trading. Furthermore, today’s range for Nifty50 is 10075 to 10150. Check out the stock market day trading tips – 13 October 2017.
FII and DII Activity
Foreign institutional investors (FIIs) sold shares worth Rs. 668.13 crore and domestic institutional investors bought shares around Rs 872.54 crore in the Indian stock market.
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Stock Market Day Trading Tips – 13 October 2017
Equity, Future & Options, Commodity & Currency
Equity Day Trading Tips – 13 October 2017
Long DHFL for a target of 540, and keep Stop Loss @ 526
BUY HCC for a Target of 34.25, and keep Stop Loss @ 32.80
BUY ITDC for a Target of 545, and keep Stop Loss @ 529
Future & Options Day Trading Tips
Long Nifty 26 October 2017 CE 10100 (Call Options Trading) for a Target of 105, and keep Stop Loss @ 65
Commodity Day Trading Tips
Short Crude Oil 18 October 2017 Future for a Target of 3250, and keep Stop Loss at 3320
Currency Day Trading Tips
Short USDINR 27 October 2017 Future for a Target of 65.10, and keep Stop Loss @ 65.30
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Author: Ratan Kumar
Ratan Kumar, an enthusiast stock market trader & blogger. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of stock market.