Day Trading Guide

DLF: Fresh long position is recommended with stiff stop-loss only if DLF jumps above Rs 231 levels.

ICICI Bank: As long as the stock trades above Rs 1,035, its near-term stance remains positive. We recommend a buy in the stock with fixed stop-loss at Rs 1,035 levels.

Infosys: The stock is testing crucial resistance at Rs 2,600 levels. Initiate fresh long position with tight stop-loss if the stock jumps beyond Rs 2,620 levels.

L&T: Near-term outlook is bullish of the stock. Make use of dips to buy the stock while retaining stiff stop-loss at Rs 1,538 levels.

ONGC: Fresh short position can be initiated with tight stop-loss if the stock declines below Rs 279 levels.

Reliance Industries: Initiate fresh short position with stiff stop-loss only if RIL fall below Rs 844 levels.

SBI: The stock jumped 3.6 per cent experiencing buying interest on Tuesday.

We recommend a buy in the stock while maintaining fixed stop-loss at Rs 2,130 levels.

Tata Motors: Fresh short position can be initiated with stiff stop-loss if the stock fails to rally above Rs 278.

Tata Steel: Initiate fresh long position with tight stop-loss if Tata Steel jumps beyond Rs 409 levels.

Nifty Futures: Fresh long position can be taken with tight stop-loss if Nifty Futures reverses higher from 5,570 levels.

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