Stocks

Day Trading Guide

Yoganand D. | Updated on March 17, 2011

DTG18

DLF

Make use of rallies to sell the stock with stiff stop-loss at Rs 227 levels.

ICICI Bank

Desist trading in the stock as the near-term stance is watchful.

Infosys

Infosys fell 1.8 per cent with good volume, breaching its 200-day moving average in the last trading session. Fresh long position is recommended only if the stock jumps above Rs 3,004 levels with tight stop-loss.

L&T

Fresh long position can initiated only if the counter bounces up from Rs 1,507 levels with stiff stop-loss.

ONGC

Initiate fresh long position only if ONGC climbs beyond Rs 277 levels with stiff stop-loss.

Reliance Industries

Make use of dips to buy the stock while maintaining tight stop-loss at Rs 1,016 levels with stiff stop-loss.

SBI

Fresh long position can be initiated only if SBI surges beyond Rs 2,644 levels with fixed stop-loss.

Tata Motors

Fresh short position can be initiated if the counter fails to move above Rs 1,162 levels with stiff stop-loss.

Tata Steel

Initiate fresh short position only if Tata Steel dives below Rs 588 levels with tight stop-loss.

Nifty Futures

Fresh long position is recommended only if Nifty Futures moves beyond 5,505 levels with tight stop-loss.





Published on March 17, 2011

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