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Wednesday, Jan 30, 2008
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Day trading guide


Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendation would be valid for today's trading only.

(Note: Given the volatile market conditions, we are not offering day-trading recommendations as we feel that the day traders should remain on sideline.) The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading.

Yoganand D.

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