DLF: Initiate fresh long position with tight stop-loss only if DLF jumps above Rs 200.
ICICI Bank: Fresh long position can be initiated with stiff stop-loss if the stock rebounds up from Rs 838.
Infosys: The near-term stance remains positive as long as the stock hovers above Rs 2,450. We reiterate our buy recommendation with tight stop-loss at Rs 2,450.
L&T: Utilise dips to buy the stock while maintaining fixed stop-loss at Rs 1,335.
ONGC: In line with our expectation, the stock moved higher. It advanced 2.8 per cent with above average volume in the previous session. We reaffirm our buy recommendation in the stock with stop-loss at Rs 265.
Reliance Industries: Initiate fresh short position with stiff stop-loss if RIL slips below Rs 706.
SBI: The near-term outlook is positive for the stock. We recommend a buy in the stock while maintaining tight stop-loss at Rs 2,200.
Tata Motors: Fresh long position can be initiated with fixed stop-loss if the stock rallies above Rs 243.
Tata Steel: Initiate fresh long position with stiff stop-loss if the stock rebounds up from Rs 406.
Nifty Futures: As long as Nifty Futures trades above 5,077, its near-term stance remains positive. We restate our buy recommendation with tight stop-loss at Rs 5,077.