DLF: We recommend a sell in the stock while maintaining tight stop-loss at Rs 197.

ICICI Bank: Fresh long position is recommended with stiff stop-loss only if the stock jumps above Rs 940.

Infosys: Initiate fresh long position with stiff stop-loss if the stock rebounds up from Rs 2130 levels.

L&T: The near-term stance remains negative as long as the stock trades below Rs 1330. Fresh short position can be initiated with fixed stop-loss if the stock fails to rally above Rs 1330.

ONGC: Make use of rallies to sell the stock while maintaining tight stop-loss at Rs 280.

Reliance Industries: Fresh long position can be initiated with stiff stop-loss only if RIL jumps above Rs 729.

SBI: The near-term outlook is bearish for the stock. We recommend a sell in the stock while maintaining fixed stop-loss at Rs 1960.

Tata Motors: Make use of dips to buy the stock with tight stop-loss at Rs 209.

Tata Steel: On Friday, the stock gained 4 per cent with above average volumes. Fresh long position can be initiated with stiff stop-loss if the stock reverses higher from Rs 393.

Nifty Futures: Fresh long position is recommended with tight stop-loss only if Nifty Futures advances above 5173 levels.

(This article was published on July 29, 2012)
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