*Day Trading Guide *

   ------------------------------
*Technicals *
------------------------------


 DLF

We recommend a buy in DLF while maintaining tight stop-loss at Rs 358
levels.

ICICI Bank

As long as the stock trades above Rs 1,098, the near-term stance remains
positive. We recommend a buy with stop at Rs 1,098.

Infosys

We recommend a buy with stiff stop-loss at Rs 3,022 levels.

L&T

Fresh short position is recommended only if the stock drops below Rs 2,000
levels with tight stop-loss.

ONGC

Initiate fresh short position if ONGC fails to exceed above Rs 1,448 levels
with tight stop-loss.

Reliance Capital

Fresh short position can be initiated only if Reliance Capital dives below
Rs 800 levels with fixed stop-loss.

Reliance Communications

Make use of dips to buy the stock while maintaining rigid stop-loss at Rs
167 levels.

Reliance Industries

Initiate fresh long position only if RIL moves beyond Rs 1015 levels with
tight stop-loss.

SBI

Fresh long position can be initiated only if the stock surges above Rs 3,158
levels with tight stop-loss.

Nifty Futures

The near-term outlook stays positive as long as Nifty futures trades above
5,990 levels. We recommend a buy with stiff stop-loss at 5,990 levels.

Yoganand D.

BL Research Bureau

  **


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