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10/25/10

Day Trading Guide for today 25.10.2010

DLF

The near-term outlook is negative for DLF. We recommend a sell with tight stop-loss at Rs 367 levels.

ICICI Bank

As long as the stock trades above Rs 1,117, the near-term stance stays positive. We recommend a buy with tight stop-loss at Rs 1,117 levels.

Infosys

Fresh long position can be initiated if the stock surges above Rs 3,068 levels with stiff stop-loss.

L&T

Initiate fresh short position only if the counter drops below Rs 2,006 levels with fixed stop-loss.

ONGC

Utilise rallies to sell the stock while maintaining rigid stop-loss at Rs 1,356 levels.

Reliance Capital

We recommend a sell in the stock with tight stop-loss at Rs 832 levels.

Reliance Communications

The stock is experiencing sell interest at higher levels. Make use of rallies to sell the stock with stiff stop at Rs 180 levels.

Reliance Industries

We recommend a buy in the stock with stop-loss at Rs 1,064 levels.

SBI

Desist trading in the stock for the session as the near-term stance is watchful.

Nifty Futures

We recommend a buy in Nifty futures with stiff stop-loss at 6050 levels.



From: http://www.blonnet.com/2010/10/25/stories/2010102551930400.htm

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