DLF: In the last treading session, the stock gained 3 per cent with above average volume witnessing buying interest. We recommend a buy in the stock while retaining stop-loss at Rs 206.

ICICI Bank: Initiate fresh long position with stiff stop-loss only if the stock advances above Rs 1,066 levels.

Infosys: Fresh long position can be initiated with stiff stop-loss if Infosys rebounds up from Rs 2,280 levels.

L&T: Initiate fresh short position with tight stop-loss only if the stock slips below Rs 1,590.

ONGC: Fresh long position is recommended with fixed stop-loss only if the stock jumps above Rs 255 levels.

Reliance Industries: We recommend a sell in the stock while maintaining stiff stop-loss at Rs 795 levels.

SBI: Fresh short position can be initiated with tight stop-loss only if the stock slips below Rs 2,133 levels.

Tata Motors: Initiate fresh short position with tight stop-loss if the stock reverses down from Rs 275 levels.

Tata Steel: The stock declined 2.7 per cent with good volume in the previous trading session. Its near-term stance is bearish. We recommend a sell in the stock with fixed stop-loss at Rs 382 levels.

Nifty Futures: On Thursday, Nifty Futures fell 31 points and is hovering above key support level. Fresh long position can be initiated with stiff stop-loss if it reverses higher from 5,600 levels.

(This article was published on November 15, 2012)
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