After yesterday’s gain you may witness bloodbath again in the stock market. Globally the mood has been worsened and so trade cautiously. You can still go long on Nifty while keeping Stop Loss at 10250 and exit when it bounce back. Crude oil is correcting and is a good sign for equity markets especially for crude oil dependent companies. Keep an eye on stocks that are dependent on crude oil like aviation, oil marketing, and paint industry. Check out more stock market intraday trading tips – 09 Feb 2018. 

Today’s range for Nifty50 is 10200 to 10500 and so trade accordingly. 

FII and DII Activity

Foreign institutional investors (FIIs) sold shares worth Rs. 2297.09 crore and domestic institutional investors (DIIs) bought shares around Rs 2373.59 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 – 09 Feb 2018

Equity, Future & Options, Commodity & Currency

Equity Intraday Trading Tips – 09 Feb 2018

Short Glenmark Pharma for a Target of 522, and keep Stop Loss @ 585

Sell PC Jewellers for a Target of 363, and keep Stop Loss @ 385

Short HDIL for a Target of 47.50, and keep Stop Loss @ 52.95

Future & Options (Put/Call) Day Trading Tips

Long Nifty 22 February 2018 PE 10200 (Put Options Trading) for a Target of 195, and keep Stop Loss @ 30

Commodity Day Trading Tips

Short Crude Oil 16 February 2018 Future for a Target of 3850, and keep Stop Loss at 3995

Currency Day Trading Tips

Long USDINR 26 February 2018 Future for a Target of 64.55, and keep Stop Loss @ 64.30

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 – 09 Feb 2018
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