http://www.thehindubusinessline.com/2010/06/22/stories/2010062253681300.htm

*Day Trading Guide *

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 DLF

We recommend a buy with stop at Rs 285 levels.

ICICI Bank

Negating our prior view the stock advances almost four per cent in the last
trading session. The volume was above average. Make use of dips to buy the
stock while maintain stiff stop-loss at Rs 890 levels.

Infosys

Initiate fresh short position if the stock drops below Rs 2,785 levels with
tight stop-loss.

L&T

In line with our expectation, the stock gained on Monday. It gained two per
cent with above average volume. We re-affirm our buy with stiff stop-loss at
Rs 1,820 levels.

ONGC

Fresh long position can be initiated if the counter moves beyond Rs 1,215
levels with tight stop-loss.

Reliance Capital

As long as the stock trades above Rs 650, it has the possibility of moving
higher. We recommend a buy with tight stop-loss.

Reliance Communications

Fresh short position is recommended if Reliance Communications dives below
Rs 184 levels with rigid stop-loss.

Reliance Industries

RIL is hovering in a narrow trading band. Fresh long position can be
initiated if the stock climbs above Rs 1,078 levels with tight stop-loss.

SBI

The near-term outlook is positive for the stock. We recommend a buy in the
stock with stiff stop-loss.

Nifty Futures

Nifty futures is facing key resistance at 5389 levels. Initiate fresh short
position only if Nifty futures reverses from this resistance with tight
stop-loss.

Yoganand D.

BL Research Bureau

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