*Day Trading Guide *

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DLF

Utilise rallies to sell the stock with stiff stop-loss at Rs 285 levels.

ICICI Bank

We recommend a buy in ICICI Bank with stop at Rs 834 levels.

Infosys

Fresh long position is recommended only if the stock surges above Rs 2,800
levels with tight stop-loss.

L&T

As long as the stock trades below Rs 1,800 levels the near-term stance stays
negative for the stock. Hence, fresh long position is recommended only if
the stock climbs above Rs 1,800 levels with stiff stop-loss.

ONGC

The near-term stance is negative for the stock. We reiterate our sell
recommendation in ONGC with tight stop-loss at Rs 1,280 levels.

Reliance Capital

We recommend a buy in the stock with tight stop-loss at Rs 750 levels.

Reliance Communications

Initiate fresh long position only if Reliance Communications advances above
Rs 187 levels with stiff stop-loss.

Reliance Industries

Experiencing selling interest the stock fell 1.8 per cent in the last
trading sessions. Fresh short position is recommended only if the stock dive
below Rs 1,040 levels with rigid stop-loss.

SBI

The stock is pausing around Rs 2,300 levels. Fresh long position can be
initiated if the stock surges above Rs 2,323 levels with tight stop-loss.

Nifty Futures

Initiate fresh long position only if Nifty futures exceeds above 5290 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/2010/07/08/stories/2010070853221100.htm

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