DLF

Fresh long position is recommended with stiff stop-loss only if DLF jumps above Rs 210.

ICICI Bank

Initiate fresh long position with tight stop-loss if the stock reverses higher from Rs 928 levels.

Infosys

We recommend a buy in the stock with tight stop-loss at Rs 2190 levels.

L&T

Fresh long position can be initiated with fixed stop-loss only if the stock moves above Rs 1395 levels.

ONGC

Initiate fresh short position with tight stop-loss only if ONGC declines below Rs 277.

Reliance Industries

Make use if dips to buy the stock while retaining stiff stop-loss at Rs 733.

SBI

Fresh long position can be initiated with tight stop-loss only if SBI surpasses its 200-day moving average and climbs beyond Rs 2020.

Tata Motors

On Friday, the stock was volatile and formed a dragonfly doji candlestick pattern signalling signs of upward momentum. We recommend a buy in the stock while maintaining fixed stop-loss at Rs 218.

Tata Steel

Initiate fresh long position with tight stop-loss if Tata Steel rebounds up from Rs 392.

Nifty Futures

Fresh long position can be initiated with stiff stop-loss if Nifty Futures jumps above 5280 levels.

(This article was published on August 5, 2012)
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