• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Intraday Stock Trading For Today: Short Sell HDIL Near 135 for Target 130, Technical Analysis

By Bhaveek Patel Leave a Comment

Why HDIL is trading down :

Today’s intraday trading stock recommendation is on HDIL, as the stock has broken below its support level of 135 so we are seeing huge selling in the stock. So near term trend for this stock will be bearish and we are trading in the direction of the trend, so we will look for selling opportunities as long as the stock is below 136 level. For intraday trading traders can go short sell in this stock near 135 levels for targets as 132 and then 130 levels, it is also recommended to place the stop loss near 137 levels. High risk traders can go short on HDIL futures contract or buy put options contract for intraday trading. Also today the stock is trading down by 3% and we expect more selling coming in this stock. Taking a look at the charts we see that the trend is more likely to be bearish for today, So this stock may attract more sellers on every pull back today. The volume is also very high with constant selling. Technical indicators are also in favor of this trade, stock HDIL. We also advice investors to stay away from this stock, untill the direction is clear for near term.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. Intraday Stock Trading For Today: Short Sell RELCAPITAL Near 411 for Target 406, Technical Analysis Stock How to trade RELCAPITAL today: Today’s intraday trading stock recommendation is on RELCAPITAL, as the stock has consolidating below its 3 days support level of 417 so we may see huge selling coming in the...
  2. DLF Stock for Intraday Trading Today: Sell DLF Near 186 for Target 181, Technical Analysis Suggest Short DLF DLF stock has given nice closing last Friday and we believe that stock must see some pullback and selling must continue to pull the DLF stock towards the 180 levels today. So we will advice...
  3. Intraday Stock Trading For Today: Short Sell TATAMOTORS Near 812 for Target 801, Technical Analysis On Tata Motors Ltd Why TATAMOTORS is trading down : Today’s intraday trading stock recommendation is on TATAMOTORS, as the stock has broken below its 3 days support level of 820 so we are seeing huge selling in the...
  4. Intraday Stock Trading For Today: Short Sell JSWSTEEL Near 895 for Target 874, Steel Sector Down Why JSWSTEEL is trading down : Today’s stock advice for intraday trading is on JSWSTEEL, as the stock has been in news that the company was engaged in illegal mining and we have seen huge...
  5. Stock Trading For Intraday Traders 4 July 2011: Buy HDIL At 168 for target 172 High beta stock for intraday trading: Buy HDIL @ 168 for target 170.1 and 172 place protective stop loss at 166.4 At CMP of 168 the stock is trading positive by more than 2%, but...

Category: Intraday Stocks Tags: HDIL/ Intraday Stock

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply Cancel reply

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

Previous Post: 4 Stocks will be Added on NSE F&O Trading on 5 August 2011, Expect Stocks to Trade Higher
Next Post: GBPUSD: Bank of England Interest Rate Decision and Techniacal Analysis for 4 August 2011: Buy or Sell GBPUSD

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2025
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2025
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2025 Should you buy?
  • BSE Penny Stocks List 2025

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Results Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2025 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean