Markets

Day Trading Guide

Yoganand D BL Research Bureau | Updated on November 08, 2012 Published on November 08, 2012

BL09-Day trading.eps

DLF: Fresh long position can be initiated with tight stop-loss if the stock rebounds up from Rs 210.

ICICI Bank: Initiate fresh short position with stiff stop-loss only if the stock declines below Rs 1065.

Infosys: Make use of dips to buy the stock with stiff stop-loss at Rs 2355.

L&T: Initiate fresh short position with fixed stop-loss if the stock fails to rally above Rs 1648.

ONGC: Fresh long position can be initiated with tight stop-loss if ONGC climbs above Rs 267.

Reliance Industries: Initiate fresh short position with stiff stop-loss only if RIL drops below Rs 787.

SBI: Initiate fresh long position with stiff stop-loss only if the stock advances beyond Rs 2260.

Tata Motors: We recommend a buy in the stock with fixed stop-loss at Rs 204.

Tata Steel: Fresh long position can be initiated with stiff stop-loss only if the stock rallies above Rs 408.

Nifty Futures: Fresh long position can be initiated with tight stop-loss if Nifty Futures rebounds up from 5710.

Published on November 08, 2012
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