DLF: We recommend a buy in the stock with tight stop-loss at Rs 227.

ICICI Bank: Fresh short position can be initiated with fixed stop-loss if the stock declines below Rs 1,007.

Infosys: Make use of dips to buy the stock while maintaining tight stop-loss at Rs 2,600 levels.

L&T: Fresh long position can be initiated with tight stop-loss if the stock reverses higher from Rs 1,500 levels.

ONGC: Initiate fresh long position with stiff stop-loss if ONGC rebounds up from Rs 281 levels.

Reliance Industries: We recommend a sell in the stock while maintaining stiff stop-loss at Rs 843 levels.

SBI: As long as the stock hovers above Rs 2,100, its near-term stance remains positive. Make use of dips to buy the stock while maintaining fixed stop-loss at Rs 2,100.

Tata Motors: Fresh long position is recommended with tight stop-loss only if Tata Motors climbs above Rs 276 levels.

Tata Steel: Initiate fresh short position with fixed stop-loss if the stock declines below Rs 387 levels.

Nifty Futures: On Thursday, Nifty Futures slipped 41 points witnessing selling pressure. Fresh short position can be initiated with stiff stop-loss if Nifty Futures fails to rally above 5,616 levels.

(This article was published on September 20, 2012)
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