*Day Trading Guide * **
** ** ** ** ** ** ** ** DLF We re-affirm our sell recommendation in DLF with stop-loss at Rs 288 levels. ICICI Bank Utilise dips to buy the stock with tight stop-loss at Rs 845 levels. Infosys Contrary to our expectation the stock moved up on Tuesday. Fresh long position is recommended only if the stock surges above Rs 2,800 levels with stiff stop. L&T The stock is moving sideways in a narrow band. Desist trading in this counter as the near-term stance is watchful. ONGC We recommend a sell in ONGC with stiff stop-loss at Rs 1,300 levels. Reliance Capital Utilise rallies to sell Reliance Capital with tight stop-loss at Rs 760 levels. Reliance Communications As anticipated the stock fell in the last trading session. The near-term stance is negative for the stock. We reiterate our sell recommendation. Reliance Industries We re-affirm our prior view of initiating fresh long position only if the stock moves beyond Rs 1,085 levels with tight stop-loss. SBI Negating our prior view the stock gained in the last trading session. It advanced 1.8 per cent with above average volume. Fresh long position can be initiated if the stock moves beyond Rs 2,330 levels with tight stop-loss. Nifty Futures Initiate fresh long position only if Nifty futures moves above 5334 levels with tight stop-loss. Yoganand D. BL Research Bureau (The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading) http://www.thehindubusinessline.com/2010/07/07/stories/2010070752121100.htm -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
