Asian Indices trading in green today and so Sensex, Nifty and other indexes may bounce back. A day trader can go long on Nifty for a target of 10600 and keep Stop Loss at 10400. Crude oil is also correcting and is a good sign for equity markets especially for crude oil dependent companies. Sectors like aviation, oil marketing, and paint industry likely to perform today. Check out more stock market intraday trading tips – 08 Feb 2018. 

Today’s range for Nifty50 is 10400 to 10600 and BankNifty is 25450 to 26000 and so trade accordingly. 

FII and DII Activity

Foreign institutional investors (FIIs) sold shares worth Rs. 1022.50 crore and domestic institutional investors (DIIs) bought shares around Rs 461.19 crore in the Indian stock market.

You can also read Multibagger jackpot Stock: How Multibagger Stock Vedanta Can Double Your Money

You can view the Multibagger stock ideas performance as advised for a long-term horizon. 

Analyze past day trading strategies and make money online on Equity, F&O, Commodity, and Currency.

Stock Market Intraday Trading Tips – 08 Feb 2018

Equity, Future & Options, Commodity & Currency

Equity Intraday Trading Tips – 08 Feb 2018

Long Asian Paints for a Target of 1150, and keep Stop Loss @ 1109

BUY Spicejet for a Target of 145, and keep Stop Loss @ 132.50

Long Gail for a Target of 472, and keep Stop Loss @ 458.50

Future & Options (Put/Call) Day Trading Tips

Long Nifty 22 February 2018 CE 10500 (Call Options Trading) for a Target of 215, and keep Stop Loss @ 120

Commodity Day Trading Tips

Short Crude Oil 16 February 2018 Future for a Target of 3910, and keep Stop Loss at 4000

Currency Day Trading Tips

Long USDINR 26 February 2018 Future for a Target of 64.60, and keep Stop Loss @ 64.35

Check out Multibagger Jackpot Stocks Ideas also:

Grab Multibagger Jackpot Stock GMR Infra And Earn 700% Return

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

Multibagger Jackpot Stock Power Finance Corporation (PFC) – 01 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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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.

Stock Market Intraday Trading Tips – 08 Feb 2018
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