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1/27/11

DAY TRADING TIPS FOR 27.1.2011

DLF

Fresh long position is recommended only if the stock moves beyond Rs 260 levels with tight stop-loss.

ICICI Bank

On Tuesday, the stock tumbled 4 per cent with above average volume, experiencing selling pressure. Initiate fresh short position if the stock slips below Rs 1024 levels with tight stop-loss.

Infosys

Initiate fresh long position only if the counter moves beyond Rs 3275 levels with stiff stop-loss.

L&T

Fresh long position can be initiated if the stock bounces up from Rs 1655 levels with rigid stop-loss.

ONGC

We recommend a buy in the stock with stiff stop-loss at Rs 1115 levels.

Reliance Capital

Fresh short position is recommended only if the counter dives below Rs 567 levels with tight stop-loss.

Reliance Communications

Initiate fresh long position only if the stock climbs beyond Rs 135 levels with fixed stop-loss.

Reliance Industries

RIL is currently testing key short-term support level. Initiate fresh short position only if the stock drops below Rs 944 levels with tight stop-loss.

SBI

Fresh short position can be initiated if the stock fails to move beyond Rs 2705 levels with stiff stop-loss.

Nifty Futures

Initiate fresh long position only if Nifty futures advances above 5733 levels with stiff stop-loss.

SOURCE: HINDU BUSINESS

1 comment:

  1. I appreciate your blog. You post here very good tips and recommendations on Indian Stock Market. I would like to be a regular visitor here.

    Thanks for sharing.
    Share Tips For Tomorrow

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