Stocks

Day Trading Guide

Yoganand D. BL Research Bureau | Updated on November 15, 2017

DTG

DLF: We recommend a sell in the stock with tight stop-loss at Rs 185.

ICICI Bank: Initiate fresh short position with stiff stop-loss if ICICI Banks drops below Rs 805.

Infosys: Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 2,400.

L&T: We recommend a sell in the stock with tight stop-loss at Rs 1,200.

ONGC: Make use of rallies to sell the stock while maintaining fixed stop-loss at Rs 254.

Reliance Industries: Fresh long position is recommended with stiff stop-loss only if RIL climbs above Rs 715.

SBI: Initiate fresh short position with fixed stop-loss if the stock reverses down from Rs 2,120.

Tata Motors: The stock tumbled almost 12 per cent with extraordinary volumes breaking through a key support level on Wednesday. Its near-term outlook is negative. We recommend a sell in the stock with stop-loss at Rs 247.

Tata Steel: Initiate fresh short position with stiff stop-loss only if the stock fails to rally above Rs 416.

Nifty Futures: On Wednesday, Nifty Futures slipped 48 points, closing below its 21-day moving average. We recommend a sell in Nifty Futures while maintaining tight sop-loss at 4,981 levels.

Published on May 30, 2012

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