*Day Trading Guide *

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 DLF

Make use of dips to buy the stock with fixed stop at Rs 309 levels.

ICICI Bank

We re-affirm our buy recommendation in the stock.

Infosys

Experiencing selling interest at higher levels, the stock tumbled 3.4 per
cent on Tuesday. We recommend a sell with stiff stop-loss at Rs 2,817
levels.

L&T

Fresh long position can be initiated only if the stock jumps above Rs 1,850
levels with rigid stop-loss.

ONGC

We reiterate our sell recommendation in ONGC with stop-loss at Rs 1,290
levels.

Reliance Capital

We recommend a buy in Reliance Capital with stiff stop-loss at Rs 770
levels.

Reliance Communications

Make use of rallies to sell the counter while maintaining tight stop-loss at
Rs 190 levels.

Reliance Industries

In the last trading session, the stock climbed 1.8 per cent with above
average volume. Fresh long position is recommended only if the stock
advances above Rs 1,085 levels with tight stop-loss.

SBI

The stock surged one per cent with above average volume on Tuesday. We
recommend a buy with tight stop-loss at Rs 2,410 levels.

Nifty Futures

The near-term stance is bullish for Nifty futures. We recommend a buy in
Nifty futures with stiff stop-loss.

Yoganand D.

BL Research Bureau

(Note: In a buy recommendation, the resistances would be the targets and the
nearest support would be the stop loss; In a sell recommendation, the
supports would be the targets and the nearest resistance would be the stop
loss; The recommendation would be valid for today's trading only.)

(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.)

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http://www.thehindubusinessline.com/2010/07/14/stories/2010071451071100.htm

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