DLF
In the last trading session, the stock fell 2.5 per cent with above average volume forming a bearish engulfing candlestick pattern. Initiate fresh short position with tight stop-loss if the stock slips below Rs 218 levels.
ICICI Bank
Fresh long position can be initiated if it rallies above Rs 1,144
Infosys
We recommend a sell in the stock while maintaining stiff stop-loss at Rs 2,340 levels.
L&T
Initiate fresh long position only if it rallies above Rs 1,685 .
ONGC
Fresh long is recommended if ONGC jumps above Rs 269.
Reliance Industries
We recommend a buy while maintaining stop-loss at Rs 825.
SBI
Initiate fresh long if the stock reverses higher from Rs 2,290.
Tata Motors
Fresh short position can be initiated if it drops below Rs 279.
Tata Steel
Initiate a fresh short if the stock fails to rally beyond Rs 400.
Nifty Futures
Fresh long position can be initiated only if Nifty futures reverses higher from 5,900 levels.
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.