Stocks

Day Trading Guide

Yoganand D. | Updated on June 09, 2011 Published on June 09, 2011

DTG10

DLF

We recommend a buy in the stock with stiff stop-loss at Rs 230 levels.

ICICI Bank

Initiate fresh short position only if the stock dives below Rs 1,035 levels with tight stop-loss.

Infosys

Fresh long position is recommended only if the stock moves beyond Rs 2,880 levels with stiff stop-loss.

L&T

We recommend a buy in the stock with stiff stop-loss at Rs 1,708 levels.

ONGC

We reiterate our sell recommendation in the counter as the near-term outlook remains negative, with tight stop-loss at Rs 270 levels.

Reliance Industries

Initiate fresh long position only if RIL advances beyond Rs 965 levels with fixed stop-loss.

SBI

Fresh short position can be initiated if SBI fails to move beyond Rs 2,280 levels with tight stop-loss.

Tata Motors

The stock is experiencing buying interest at lower levels. We recommend a buy in the stock with stiff stop-loss at Rs 1,010 levels.

Tata Steel

Initiate fresh long position if the stock rebounds from Rs 568 levels with stiff stop-loss.

Nifty Futures

Nifty Futures was choppy in the last trading session. Fresh long position can be initiated if Nifty Futures jumps above 5,560 levels with tight stop-loss.

Published on June 09, 2011
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