Markets

Day Trading Guide

Yoganand D. BL Research Bureau | Updated on September 28, 2011 Published on September 28, 2011

d-guide

DLF

The near-term outlook is bullish for the stock. We reiterate our buy recommendation in the stock with fixed stop-loss at Rs 220 levels.

ICICI Bank

Fresh long position is recommended with stiff stop-loss only if ICICI Bank surpasses Rs 879 levels.

Infosys

The stock is experiencing selling pressure at higher levels. Initiate fresh short position with stiff stop-loss only if the stock dives below Rs 2,455 levels.

L&T

Fresh long position is recommended with tight stop-loss only if the counter jumps beyond Rs 1,417 levels

ONGC

Fresh long position can be initiated with fixed stop-loss if the stock rebounds up from Rs 258 levels.

Reliance Industries

We adhere to our prior of initiating fresh long position with stiff stop-loss only if the stock advances beyond Rs 808 levels.

SBI

Initiate fresh short position with fixed stop-loss only if SBI fails to exceed above Rs 1,986 levels.

Tata Motors

Initiate fresh long position with stiff stop-loss only if the counter moves above Rs 159 levels.

Tata Steel

The near-term outlook is bearish for the stock. We recommend a sell in the stock with tight stop-loss at Rs 433 levels.

Nifty Futures

Fresh long position can be initiated with tight stop-loss only if Nifty Futures advances beyond 4,980 levels.



Published on September 28, 2011
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