Markets

Day Trading Guide

| Updated on February 27, 2011 Published on February 27, 2011

DTG

DLF

Near-term stance is negative for the stock. We recommend a sell in the stock while maintaining stiff stop-loss at Rs 218 levels.

ICICI Bank

Initiate fresh short position if the stock slips below Rs 968 levels with tight stop-loss.

Infosys

Fresh long position can be initiated only Infosys advances above Rs 3030 levels with stiff stop-loss.

L&T

Desist trading in the stock for the session as the near-term stance is watchful.

ONGC

Initiate fresh long position only if ONGC moves beyond Rs 270 levels with tight stop-loss.

Reliance Industries

Initiate fresh long position only if RIL climbs above Rs 982 with stiff stop-loss.

SBI

Make use of rallies to sell the stock with stiff stop-loss at Rs 2610 levels.

Tata Motors

Initiate fresh short position only if Tata Motors drops below Rs 1080 levels with fixed stop-loss.

Tata Steel

Fresh long position can be initiated if the stock surges above Rs 618 with stiff stop-loss.

Nifty Futures

Near-term outlook is cautious for Nifty futures. Initiate fresh long position only if Nifty Futures moves above 5370 levels tight stop-loss.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on February 27, 2011
This article is closed for comments.
Please Email the Editor