DLF: Make use of dips to buy the stock while maintaining stop-loss at Rs 214.

ICICI Bank: In the last trading session, the stock jumped two per cent with above average volume witnessing buying interest. We recommend a buy in the stock with fixed stop-loss at Rs 960.

Infosys: We recommend a buy in the stock while retaining stiff stop-loss at Rs 2,232.

L&T: Fresh short position can be initiated with tight stop-loss only if the stock reverses down from Rs 1,430.

ONGC: Initiate fresh short position with tight stop-loss if ONGC fails to rally above Rs 285.

Reliance Industries: Make use of dips to buy the stock while maintaining fixed stop-loss at Rs 775.

SBI: Fresh long position can be initiated with tight stop-loss if SBI reverses higher from Rs 2,040.

Tata Motors: On Tuesday, the stock jumped four per cent accompanied by above average volumes. We reiterate our buy recommendation on the stock while maintaining stiff stop-loss at Rs 235.

Tata Steel: Initiate fresh short position with stiff stop-loss only if the stock dives below Rs 400 levels.

Nifty Futures: Bullish momentum prevailed and Nifty Futures advanced 50 points on Tuesday. We recommend a buy in Nifty Futures with tight stop-loss at 5,300.

(This article was published on August 7, 2012)
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