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Date:30/01/2008
URL: http://www.thehindubusinessline.com/2008/01/30/stories/2008013052141701.htm
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Day trading guide
Note: In a buy recommendation, the resistances would
be the targets and the nearest support would be the stop
loss; In a sell recommendation, the supports would be
the targets and the nearest resistance would be the stop
loss; The recommendation would be valid for today's
trading only.
(Note: Given the volatile market conditions, we are not
offering day-trading recommendations as we feel that the
day traders should remain on sideline.) The analysis and
opinion expressed in these columns are based on the technical
analysis of the past price behaviour. The stop-loss
level provided with the recommendation is important. The
original view would stand negated if the stop-loss level is
breached. There is a risk of loss in trading.
Yoganand D.
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