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9/3/10

DAY TRADING TIPS FROM The Business Line : Day Trading Guide



DLF

Make use of rallies to sell the stock with tight stop-loss at Rs 315 levels.

ICICI Bank

Fresh long position can be initiated only if the stock moves beyond Rs 1,012 levels with stiff stop.

Infosys

We recommend a sell in the stock with stiff stop-loss at Rs 2,772 levels.

L&T

Initiate fresh long position if the counter exceeds above Rs 1,856 levels with rigid stop.

ONGC

We recommend a sell in ONGC with stop at Rs 1,334 levels.

Reliance Capital

We recommend a buy in the stock with tight stop-loss at Rs 763 levesl.

Reliance Communications

Utilise rallies to sell the stock while maintaining stiff stop-loss at Rs 165 levels.

Reliance Industries

Initiate fresh long position only if the counter moves above Rs 948 with stiff stop-loss.

SBI

The stock is witnessing selling interest at higher levels. Make use of rallies to sell the stock with tight stop-loss at Rs 2,776 levels.

Nifty Futures

As long as Nifty Futures trades above 5460 levels, the near-term stance remains positive for the session. We recommend a buy with tight stop-loss at 5460 levels.

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From: http://www.thehindubusinessline.com/2010/09/03/stories/2010090353121100.htm

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