Day Trading Guide

DLF

Initiate fresh short position with tight stop-loss only if the stock fails to move beyond Rs 233 levels.

ICICI Bank

Fresh long position can be initiated with stiff stop-loss if the stock reverses upwards from Rs 859 levels.

Infosys

Initiate fresh long position with fixed stop-loss only if the stock exceeds Rs 2,862 levels.

L&T

Fresh long position can be initiated with stiff stop-loss if L&T rebounds up from Rs 1,340 levels.

ONGC

Make use of dips to buy the stock while maintaining tight stop-loss at Rs 273 levels.

Reliance Industries

As long as RIL trades above Rs 860, its near-term outlook stays positive. We recommend a buy with tight stop-loss at Rs 860 levels.

SBI

Fresh long position is recommended with stiff stop-loss only if the stock moves beyond Rs 1,888 levels.

Tata Motors

Initiate fresh long position with fixed stop-loss if Tata Motors climbs beyond Rs 195 levels.

Tata Steel

Fresh long position can be initiated with stiff stop-loss if the stock reveres higher from Rs 444 levels.

Nifty Futures

On Wednesday, Nifty Futures jumped 50 points or one per cent. As long as it trades above 5,192 levels, its near-term stance remains positive. We recommend a buy in Nifty Futures with tight stop-loss at 5,192 levels.