Pre-Opening Stock Market Intraday Trading Tips June 20

By | June 20, 2018

Bulls and bears may tussle over each other in today’s trading session as well. However, bears have more control in the markets and so adopt sell on rally strategies in index trading. Traders are advised to trade with caution and with a strict stop loss as the market may move both ways. Check out more pre-opening stock market intraday trading tips June 20 in Equity, Futures & Options, Commodities, and Currencies.



Nifty Range – Day Trading

Today’s range for Nifty50 is 10680-10650 on the downside and on the upside, it may face resistance at 10750-10825.

BankNifty Range

Bank Nifty, has a crucial support level at 26150-26090 and its key resistance levels are at 26400-26535.

FII and DII Activity

Foreign institutional investors (FIIs) sold shares worth Rs. 1324.92 crore and domestic institutional investors (DIIs) bought shares around Rs 653.68 crore in the Indian stock market.

Stocks under Ban Period – NSE

Infibeam, Jet Airways, and DHFL are under F&O ban period today.

Stock Market Intraday Trading Tips June 20

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


Equity Stock Market Intraday Trading Tips June 20

Long Novartis India for a Target of 725, and keep Stop Loss @ 695

Short CESC for a Target of 925, and keep Stop Loss @ 949

Long EIL for a Target of 134.50, and keep Stop Loss @ 124.95

Future & Options (Put/Call) Day Trading Tips

Long Nifty June 10700 PE (Put Options Trading) for a Target of 120, and keep Stop Loss @ 62

Commodity Day Trading Tips

Short Crude Oil July Future for a Target of 4350-4300, and keep Stop Loss at 4465

Currency Day Trading Tips

Long USDINR June Future for a Target of 68.60-68.80, and keep Stop Loss at 68.15

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:

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

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.

Be sure to join my email newsletter to get more similar tips and updates.

If you find this post informative, do share it with your friends on Facebook, Twitter, Google+, and other social networks.


 

The use of this blog or the services offered by us means that you accept our disclaimer.

Disclaimer: Whether you decide or take any action in the stock market is absolutely your own risk. BuzzingStocks (akme.co.in) or its associates, or its employees will not be liable for any loss, directly or indirectly, while using this information.

Furthermore, this information is neither for buy nor for a sell of any stocks or securities mentioned herein. You are only supposed to view and print/copy of the contents for your own personal and non-commercial purpose. Even you should not reproduce, republish, post, copy, transfer, transmit, extract or otherwise distribute the contents in any manner.

Leave a Reply

Your email address will not be published. Required fields are marked *