Day Trading Guide

DLF: We reiterate our buy recommendation in the stock with fixed stop-loss at Rs 199.

ICICI Bank: Fresh long position is recommended with tight stop-loss only if the stock advances beyond Rs 959 levels.

Infosys: Fresh long position can be initiated with stiff stop-loss if the stock surpass above Rs 2,550.

L&T: Witnessing buying interest, the stock climbed 2.8 per cent with above average volume in the last trading session. We recommend a buy in the stock with fixed stop-loss at Rs 1,395.

ONGC: Fresh short position can be initiated with tight stop-loss if the stock fails to rally above Rs 283 levels.

Reliance Industries: Fresh long position can be initiated with tight stop-loss if RIL reverses higher from Rs 788 levels.

SBI: Initiate fresh long position with stiff stop-loss only if SBI jumps above Rs 1,880 levels.

Tata Motors: On Wednesday, the stock jumped five per cent accompanied by good volume. We recommend a buy in the stock with fixed stop-loss at Rs 259 levels.

Tata Steel: Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 382 levels.

Nifty Futures: Nifty Futures advanced 41 points on Wednesday. As long it trades above 5,400 levels, its near-term stance remains bullish. We recommend a buy in Nifty Futures with tight stop-loss at 5,400.

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