Markets

Day Trading Guide

Yoganand D BL Research Bureau | Updated on July 18, 2012 Published on July 18, 2012

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DLF: Initiate fresh long position with tight stop-loss if the stock reverses higher from Rs 202.

ICICI Bank: Fresh long position is recommended with tight stop-loss only if the stock advances above Rs 946.

Infosys: We recommend a buy in the stock while maintaining stiff stop-loss at Rs 2,155.

L&T: As long as the stock trades above Rs 1,387, its near-term stance remains positive. We recommend a buy in the stock with fixed stop-loss at Rs 1,387.

ONGC: Make use of rallies to sell the stock while maintaining stiff stop-loss at Rs 287.

Reliance Industries: Initiate fresh short position with fixed stop-loss if the stock drops below Rs 706.

SBI: Fresh long position is recommended with tight stop-loss only if SBI rallies above Rs 2,200 levels.

Tata Motors: The stock is testing key support level. Fresh long position can be initiated with fixed stop-loss if it rebounds up from Rs 219.

Tata Steel: Fresh long position can be initiated with stiff stop-loss only if the stock jumps beyond Rs 418.

Nifty Futures: Nifty Futures climbed 24 points amid volatility in the previous session. Initiate fresh long position with tight stop-loss if it advances above 5,268 levels.

Published on July 18, 2012
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