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12/2/10

DAY TRADING TIPS FOR 2.12.2010

DLF

Initiate fresh long position if DLF exceeds above Rs 324 with stiff stop-loss.

ICICI Bank

We recommend a buy in the stock with stop at Rs 1152 levels.

Infosys

Fresh long position is recommended only if Infosys advances above Rs 3070 levels with stiff stop-loss.

L&T

Make use of dips to buy the stock while maintaining tight stop-loss at Rs 2010 levels.

ONGC

We reiterate our buy recommendation in the stock with rigid stop-loss at Rs 1270 levels.

Reliance Capital

As long as the counter hovers above Rs 680, the near-term outlook stays bullish. We recommend a buy with stiff stop-loss at Rs 680 levels.

Reliance Communications

The stock moved up almost 4 per cent reinforcing bullish momentum in the last trading session. We recommend a buy in the stock with fixed stop-loss at Rs 135 levels.

Reliance Industries

Initiate fresh long position only if RIL surges above Rs 1000 with tight stop-loss.

SBI

On Wednesday, the stock climbed 3.7 accompanied with good volume. We re-affirm our buy recommendation with stiff stop-loss at Rs 3080 levels.

Nifty Futures

Fresh long position can be initiated if Nifty Futures moves above 6010 levels with tight stop-loss.



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1 comment:

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    ReplyDelete

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