Day Trading Guide

Yoganand D. | Updated on February 27, 2011



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


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


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


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


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.


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.

Published on February 27, 2011

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