Market likely to open in green today and may take a short breath before continuing its rally. Keep an eye on support and resistance zones as a breakout in these levels gives you an opportunity to go short and long both. Check out more pre-opening stock market intraday trading tips July 09 in Equity, Futures & Options, Commodities, and Currencies.
You can scan stocks for day trading by using BuzzingStock 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 Moving Averages, OHL, 52 Week High Low, Previous Day High Low, and more.
Nifty Range – Day Trading
Today’s range for Nifty50 is 10730-10690 on the downside and on the upside, it may face resistance at 10810-10885.
Bank Nifty, has a crucial support level at 26400-26300 and its key resistance levels are at 26600-26700.
FII and DII Activity
Foreign institutional investors (FIIs) sold shares worth Rs. 968.18 crore. Domestic institutional investors (DIIs) sold shares around Rs 1480.82 crore in the Indian stock market.
Stocks under F&O Ban Period – NSE
IDBI Bank is under F&O ban period today.
Hot Stocks in Focus Today
Trigyn Tech, Tata Steel, Fortis Healthcare, Cadila, Cyient, Emami, ENIL, DCB Bank, Srei Equipment, Ashok Leyland.
Stock Market Intraday Trading Tips July 09
Pre-opening day trading calls on Equity, Future & Options, Commodity & Currency.
Equity Stock Market Intraday Trading Tips July 09
Long SCI for a Target of 67, and keep Stop Loss @ 62
Buy Ashok Leyland for a Target of 139.50, and keep Stop Loss @ 131
Long TCS for a Target of 1950-2000, and keep Stop Loss @ 1900
Future & Options (Put/Call) Day Trading Tips
Long Nifty July 10700 CE (Call Options Trading) for a Target of 185-210, and keep Stop Loss @ 144
Commodity Day Trading Tips
Long Crude Oil July Future for a Target of 5100-5150, and keep Stop Loss at 5045
Currency Day Trading Tips
Buy USDINR July Future for a Target of 69.25-69.35 and keep Stop Loss at 68.95
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. Moreover, you can expect good monsoon this season. So, you can focus on rural-based consumption stocks for short-term investment.
Check out Multibagger Jackpot Stocks Ideas also:
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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