Markets

Day Trading Guide

Yoganand D. BL Research Bureau | Updated on February 15, 2011

DTG

DLF - We recommend a sell in the stock with tight stop-loss at Rs 246.

ICICI Bank

Initiate fresh long position only if the stock advances above Rs 1065 with stiff stop-loss.

Infosys

Fresh long position is recommended only if Infosys moves beyond Rs 3127 levels with stiff stop-loss.

L&T - Initiate fresh long position only if L&T bounces up from Rs 1600 levels with tight stop-loss

ONGC

Initiate fresh long position only if the counter climbs beyond Rs 288 with rigid stop-loss.

Reliance Industries

RIL surged almost 3 per cent experiencing buying interest in the last trading session. We recommend a buy in the stock with tight stop-loss at Rs 925 levels.

SBI

Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 2705 levels.

Tata Motors

The gained 2.4 per cent accompanied with above average volumes in the last trading session and is testing key resistance. Fresh long position is recommended only if the stock advances above Rs 1258 levels with tight stop-loss.

Tata Steel

Initiate fresh short position if Tata Steel dives below Rs 610 with stiff stop-loss.

Nifty Futures

Fresh long position can be initiated only if Nifty futures exceeds beyond 5504 levels with stiff stop-loss.

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Published on February 15, 2011
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