Stocks

Day Trading Guide

Yoganand D. BL Research Bureau | Updated on November 15, 2017 Published on April 10, 2012

DTG11

DLF: Initiate fresh long position with stiff stop-loss only if DLF rallies above Rs 208.

ICICI Bank: Desist trading in the stock for the session as its near-term stance is cautious.

Infosys: Fresh short position can be initiated with fixed stop-loss if the counter fails to climb beyond Rs 2,795.

L&T: The stock is pausing around a key near-term support level. Fresh short position is recommended with stiff stop-loss only if the stock drops below Rs 1,274.

ONGC: We recommend a sell in the stock with tight stop-loss at Rs 267.

Reliance Industries: Fresh long position is recommenced with tight stop-loss only if the counter surpasses Rs 753.

SBI: Initiate fresh long position with stiff stop-loss only if SBI jumps above Rs 2,170.

Tata Motors: On Tuesday, the stock climbed 2.8 per cent with above average volume, experiencing buying interest. Fresh long position can be initiated with stiff stop-loss if the stock rebounds up from Rs 280.

Tata Steel: The stock is witnessing selling pressure at higher levels. We recommend a sell in the stock with fixed stop-loss at Rs 460.

Nifty Futures: Initiate fresh long position with tight stop-loss only if Nifty Futures advances beyond 5,300 levels.

Published on April 10, 2012
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