Stocks

Day Trading Guide

Yoganand D. BL Research Bureau | Updated on January 27, 2013 Published on January 27, 2013

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DLF: On Friday, the stock gained 3 per cent with above average volume. We recommend a buy in the stock with stiff stop-loss at Rs 255.

ICICI Bank: Fresh long position is recommended with tight stop-loss only if the stock jumps beyond Rs 1,185.

Infosys: Initiate a fresh long position with stiff stop-loss only if the stock climbs above Rs 2,830.

L&T: We recommend a buy in the stock while maintaining fixed stop-loss at Rs 1,594 .

ONGC: Initiate fresh short position with stiff stop-loss only if the stock declines below Rs 337.

Reliance Industries: Fresh long position can be initiated with tight stop-loss if RIL rebounds from Rs 902.

SBI: Make use of dips to buy the stock while retaining tight stop-loss at Rs 2,492.

Tata Motors: Fresh long position can be initiated with stiff stop-loss if the stock advances beyond Rs 305.

Tata Steel: The stock is testing key support levels. Make use of dips to buy the stock while maintaining fixed stop-loss at Rs 401.

Nifty Futures: Fresh long position can be initiated with tight stop-loss if Nifty futures moves above 6,100 level.

Published on January 27, 2013
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