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Day trading guide


ICICI Bank

The stock is range bound between Rs 1,100 and Rs 1,200. Sell the stock in rallies with stop loss at Rs 1,210.

Infosys

The stock is losing momentum and the volumes are also declining. Desist from trading in this stock.

L&T

The near-term trend in L&T has turned bullish in the last session. We recommend a buy.

ONGC

Negating our view, the stock moved up on Wednesday, penetrating the short-term down trendline conclusively. Buy the stock in dips.

Reliance Capital

In line with our anticipation, the stock declined in the last session. We reiterate our sell recommendation.

Reliance Communications

Buy the stock in dips with stop loss at Rs 705.

Reliance Industries

Sell the stock only when it declines below Rs 2,863.

Satyam Computer

We maintain our sell recommendation in Satyam Computer.

SBI

The stock is nearing its all-time high at Rs 2,400. Fresh long position should be initiated only when the stock moves above Rs 2,405.

TCS

Buy the stock if it moves above Rs 1,055.

Yoganand D.

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