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10/26/10

Day Trading Guide for today 26.10.2010

DLF: Make use of rallies to sell the stock while maintaining stiff stop-loss at Rs 372 levels.

ICICI Bank: We re-affirm our buy recommendation with stop at Rs 1,130 levels.

Infosys: Utilise rallies to sell the stock with tight stop-loss at Rs 3,038 levels.

L&T: We recommend a buy in the stock with stop at Rs 2,020 levels.

ONGC: Fresh long position is recommended only if ONGC advances above Rs 1,362 levels with stiff stop-loss.

Reliance Capital: We reiterate our sell recommendation in Reliance Capital with rigid stop-loss at Rs 835 levels.

Reliance Communications: We recommend a sell in the counter with stiff stop-loss at Rs 180 levels.

Reliance Industries: Utilise dips to buy the stock while maintaining tight stop-loss at Rs 1,075 levels

SBI: Initiate fresh long position only if the stock climbs above Rs 3,256 levels with tight stop-loss.

Nifty Futures: As long as Nifty Futures trades above 6100 levels, the near-term stance stays positive for the session. We recommend a buy with stiff stop-loss at 6100.



From: http://www.thehindubusinessline.com/2010/10/26/stories/2010102653101300.htm

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