Day Trading Guide

DLF: Fresh long position can be initiated with tight stop-loss only if DLF exceeds above Rs 196.

ICICI Bank: Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 838.

Infosys: Initiate fresh long position with stiff stop-loss only if the stock jumps beyond Rs 2,510.

L&T: Near-term outlook is positive for the stock. We recommend a buy in the stock with stop-loss at Rs 1,358.

ONGC: We restate our buy recommendation in the stock while retaining stiff stop-loss at Rs 272.

Reliance Industries: Fresh long position can be initiated with tight stop-loss only if the stock reverses higher from Rs 707.

SBI: On Thursday, SBI climbed almost three per cent with good volumes. Fresh long position is recommended with fixed stop-loss only if SBI rallies above Rs 2,200.

Tata Motors: Initiate fresh long position with tight stop-loss if the stock rebounds up from Rs 244.

Tata Steel: Utilise dips to buy the stock while maintaining stiff stop-loss at Rs 424.

Nifty Futures: In the last trading session, Nifty Futures gained 51 points witnessing buying interest. We recommend a buy in it while maintaining tight stop-loss at 5,120 levels.

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