Stock Market Day Trading Tips : Pre Opening Trade Setup [2019]

By | September 20, 2019

Indian bourses likely to open with a positive note as suggested by global cues. Traders can check out more pre-opening stock market day trading tips in Equity, Futures & Options, Commodities, and Currencies.

You can also check out live intraday trading calls to make money from stocks and index trading. You can expect pullback in BankNifty and Nifty futures in today’s trading session.

Moreover, you can also scan for stock market live day trading tips by using Stock 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 ORB, VWAP , Moving Averages, OHL, 52 Week High Low, Previous Day High Low, and more.



Global Markets Trends [Today, 8.00 AM]

USA Index – Nasdaq Futures: Positive, S&P500 Futures: Positive, Dow Jones Futures: Positive.

European Indices  – CAC Futures: Positive, DAX Futures: Positive, FTSE Futures: Negative.

Asian Indices – SGXNifty: Positive, Nikkei: Positive, Straits Times: Positive, HangSeng: Positive, Taiwan: Positive, Kospi: Positive, Shangai: Positive.

India VIX

India VIX or volatility index moved to 15.55 level.

Put Call Ratio: NSE

High PCR more than 1 suggest option sellers are selling more puts than calls which signal bullish mode. Moreover, if PCR is less than 0.5 than you can conclude that option sellers are selling more calls which are a bearish sign.

You can use the put/call ratio to identify the larger trends of the markets.

Nifty50 Put/Call ratio: 0.69

Nifty Bank Put/Call ratio: 0.53

Nifty Options Data – Put and Call

Nifty 11000 strike price will act as a strong resistance level for the September series. You can short Nifty around this level with strict Stop Loss.

Nifty 10800 strike price will act as crucial support levels for the September series as maximum Put open interest was seen. So, you can go long in Nifty at this level.

Nifty50 Spot Range – Day Trading

Today’s range for Nifty50 is 10635-10565 on the downside and on the upside, it may face resistance at 10810-10915.

BankNifty Spot Range

Bank Nifty, has a crucial support level at 26542-26326 and its key resistance levels are at 27075-27391.

FII and DII Activity

Foreign institutional investors (FIIs) sold shares worth Rs. 892.52 crore.

Domestic institutional investors (DIIs) bought shares around Rs 645.72 crore in the Indian stock market.

Stocks under F&O Ban Period – NSE

None of the stocks are in F&O ban period today.

Stock Market Day Trading Ideas September 20, 2019 (Square Off Before Market Closed)

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


Equity Stock Market Day Trading Tips: Watch List For Intraday Trading

Bullish View: Buy/Long

Kamat Hotels – Target of 41, and keep Stop Loss @ 35.90

Royal Orchid – Target of 87, and keep Stop Loss @ 75.90

Taj GVK – Target of 162, and keep Stop Loss @ 154.90

BEL – Target of 112, and keep Stop Loss @ 102.90

BEML – Target of 845, and keep Stop Loss @ 811

Titan – Target of 1170, and keep Stop Loss @ 1144.50

Delta Corp – Target of 174, and keep Stop Loss @ 166.90

Bajaj Finance – Target of 3395, and keep Stop Loss @ 3355

Bearish View: Sell/ Short

Yes Bank – Target of 51, and keep Stop Loss @ 55.10

Future & Options (Put/Call) Day Trading Tips

Long BankNifty Sep Future for a Target of 26990-27400 and keep Stop Loss @ 26670

Commodity Day Trading Tips 

Short Crude Oil Oct Future for a Target of 4120-4020, and keep Stop Loss at 4220

Currency Day Trading Tips

Long USDINR Sep Future for a Target of 71.55-71.65 and keep Stop Loss @ 71.30

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.

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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23 thoughts on “Stock Market Day Trading Tips : Pre Opening Trade Setup [2019]

  1. Ananthi Mathur

    Hi, you have really explained well about the trading tip and this will be helpful. And I think intraday trading as newsflow means no fundamental shifts to market and relative stability in the underlying assumption.

    Reply
  2. Neeta Prakash

    Thankyou,helped me ,I am new in trading,would like to know more about small caps and short term investments.

    Reply
    1. Ratan Kumar Post author

      I am not authorized to provide any kind of tips.
      Moreover, intraday trading is very risky and speed plays a key role. It is one of the factors that makes you a winner or a loser especially in day trading.

      You need to take a decision within a fraction of seconds and so it is not possible to take any action based on trading calls.

      I suggest you use your own strategies or you can go for Algo trading.

      Reply
  3. Ravi Kanth

    Thanks for sharing the posts. The way you narrated the post is good and understanding. This post really helpful for the people who are looking for day trading tips. Please let me know for the upcoming posts.

    Reply

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