Day Trading Guide

DLF: Fresh long position is recommended with tight stop-loss only if the stock jumps above Rs 274 levels.

ICICI Bank: The near-term outlook will remain bearish as long as the stock trades below Rs 1135 levels. We recommend a sell in the stock with stiff stop-loss at Rs 1135 levels.

Infosys: Initiate fresh short position with fixed stop-loss only if the stock drops below Rs 2770 levels.

L&T: We recommend a sell in the stock while maintaining stiff stop-loss at Rs 1504 levels.

ONGC: The near-term stance for the stock is bearish. Make use of rallies to sell the stock with fixed stop-loss at Rs 311.

Reliance Industries: Initiate fresh short position with tight stop-loss if the stock fails to advance above Rs 877 levels.

SBI: Fresh short position can be initiated with tight stop-loss if SBI reverses down from Rs 2312 levels.

Tata Motors: Initiate fresh long position with stiff stop-loss only if Tata Motors jumps above Rs 295 levels.

Tata Steel: We reiterate our sell recommendation in the stock with stiff stop-loss at Rs 391 levels.

Nifty Futures: Initiate fresh short position with tight stop-loss only if Nifty Futures declines below 5880 levels.

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