Comments
DLF: Fresh long position can be initiated with tight stop-loss only if the stock exceeds above Rs 207 levels.
ICICI Bank: On Friday, the stock fell 2.7 per cent breaching key support at Rs 1040. Make use of rallies to sell the stock while maintaining fixed stop-loss at Rs 1038 levels.
Infosys: Experiencing buying interest, the stock advanced 2 per cent in the previous trading session. We recommend a buy in the stock with stiff stop-loss at Rs 2320 levels.
L&T: Fresh long position can be initiated with stiff stop-loss only if L&T advances above Rs 1592 levels.
ONGC: Make use of dips to buy the stock while retaining tight stop-loss at Rs 253 levels.
Reliance Industries: Initiate fresh long position with stiff stop-loss only if the stock reverses higher from key support level at Rs 675.
SBI: As long as the stock trades below Rs 2130, its near-term stance remains bearish. We recommend a sell in the stock while maintaining tight stop-loss at Rs 2130 levels.
Tata Motors: Fresh short position can be initiated with tight stop-loss if the stock drops below Rs 263 levels.
Tata Steel: The near-term outlook is negative for the stock. We reiterate our sell recommendation in the stock with stiff stop-loss at Rs 376 levels.
Nifty Futures: Nifty Futures tumbled 68 points witnessing selling pressure in last trading session. Fresh shot position can be initiated with tight stop-loss only if Nifty Futures declines below 5530 levels.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.