Stock Market Intraday Trading Tips – 08 January 2018

By | January 8, 2018

Strong global signals suggesting Indian equity markets to open with a positive note as well. Nifty50 manages to close above crucial level 10500 for last few trading session and today you can expect a gap up opening as well. You can expect Nifty50 to open near 10600 levels and likely to hit 10650. So, you can go long on Nifty50 with a strict Stop Loss at 10500 for a target of 10650. Check out more stock market intraday trading tips – 08 January 2018. 

Union Budget 2018 is in the corner and so keep an eye on fertilizers, power, and infrastructure stocks.  

Today’s range for Nifty50 is 10500 to 10650 and BankNifty is 25500 to 25750 and so trade accordingly. 

FII and DII Activity

Foreign institutional investors (FIIs) bought shares worth Rs. 581.43 crore and domestic institutional investors (DIIs) bought shares around Rs 243.13 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 January 2018

Equity, Future & Options, Commodity & Currency

Equity Intraday Trading Tips – 08 January 2018

Long Yes Bank for a target of 349, and keep Stop Loss @ 328

BUY Shakti Pump for a Target of 515, and keep Stop Loss @ 494

BUY Sail for a Target of 99.50, and keep Stop Loss @ 96.50

Future & Options (Put/Call) Day Trading Tips

Long Nifty 25 January 2017 CE 10600 (Call Options Trading) for a Target of 125, and keep Stop Loss @ 75

Commodity Day Trading Tips

Short Crude Oil 19 January 2018 Future for a Target of 3850, and keep Stop Loss at 3910

Currency Day Trading Tips

Short USDINR 29 January 2018 Future for a Target of 63.35, and keep Stop Loss @ 63.65

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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