Nifty Futures : Chances are bright for a rebound. Take a fresh short position only if Nifty futures declines below 6,000.

Reliance Industries : Initiate a fresh short position with a stop-loss at Rs 868 if the stock declines below Rs 845.

ICICI Bank : Initiate a fresh short position now and on rallies to Rs 1,050 with a stop-loss at Rs 1,070.

Infosys: Wait for rallies and construct a fresh short position near Rs 3,400 with a stop-loss at Rs 3,435.

( Note: The recommendations are based on technical analysis. There is a risk of loss in trading. )

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