DLF: Initiate fresh long position with stiff stop-loss if the stock advances beyond Rs 199 levels.

ICICI Bank: The stock is testing key support level. Fresh short position is recommended with tight stop-loss only if the stock declines below Rs 897 levels.

Infosys: Initiate fresh long position with tight stop-loss if Infosys rebounds up from Rs 2350 levels.

L&T: Initiate fresh short position with stiff stop-loss only if the stock dives below Rs 1330 levels.

ONGC: Fresh long position can be initiated with tight stop-loss if ONGC jumps above Rs 278 levels.

Reliance Industries: Initiate fresh long position with fixed stop-loss if RIL reverses higher from Rs 760.

SBI: Fresh long position is recommended with tight stop-loss only if SBI advances beyond Rs 1865 levels.

Tata Motors: Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 230 levels.

Tata Steel: The near-term stance is bearish for the stock. We recommend a sell in the stock while maintaining stiff stop-loss at Rs 367.

Nifty Futures: Initiate fresh long position with stiff stop-loss only if Nifty Futures climbs beyond 5350 levels.

(This article was published on September 2, 2012)
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