Day Trading Guide

DTG12

DLF

Make use of dips to buy the stock while maintaining tight stop-loss at Rs 188 levels.

ICICI Bank

Fresh short position can be initiated with stiff stop-loss if the stock fails to move above Rs 790 levels.

Infosys

Initiate fresh short position with stiff stop-loss only if the stock falls below Rs 2,802 levels.

L&T

The near-term outlook stays bullish as long as the counter trades above Rs 1,130 levels. We re-state our buy recommendation in the stock with stop-loss at Rs 1,130 levels.

ONGC

Fresh short position can be initiated with stiff stop-loss if the counter declines below Rs 257 levels.

Reliance Industries

Fresh long position can be initiated with tight stop-loss only if RIL moves above Rs 759 levels.

SBI

Initiate fresh long position with stiff stop-loss if SBI reverses higher from Rs 1,706 levels.

Tata Motors

Fresh short position is recommended with fixed stop-loss only if the counter drops below Rs 201 levels.

Tata Steel

As long as the stock trades above Rs 374, its near-term stance remains positive. We reiterate our buy recommendation with tight stop-loss at Rs 374 levels.

Nifty Futures

Initiate fresh long position with stiff stop-loss if Nifty Futures advances beyond 4,915 levels.



Published on January 11, 2012

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