DAY TRADING TIPS FOR 30.11.2010

DLF

Fresh long position can be initiated if DLF moves beyond Rs 294 levels with tight stop-loss.

ICICI Bank

Make use of dips to buy the stock with stiff stop-loss at Rs 1140 levels.

Infosys

We recommend a buy in the stock with tight stop-loss at Rs 3050 levels.

L&T

Fresh long position is recommended only if L&T surges above Rs 1984 levels with stiff stop-loss.

ONGC

Initiate fresh long position if ONGC moves beyond Rs 1254 levels with rigid stop-loss.

Reliance Capital

We reiterate our prior view that utilize dips to buy the stock with tight stop-loss at Rs 625 levels.

Reliance Communications

Fresh long position is recommended only if the counter climbs above Rs 130 levels with fixed stop-loss.

Reliance Industries

The stock surged 3.7 per cent with above average volume on Monday. Fresh long position can be initiated if the stock advances above Rs 1015 with stiff stop-loss.

SBI

We recommend a buy in SBI while maintaining stiff stop-loss at Rs 2858 levels.

Nifty Futures

Initiate fresh long position if Nifty futures exceeds above 5881 levels with tight stop-loss.