DLF: Make use of rallies to sell the stock while maintaining tight stop-loss at Rs 221 levels.

ICICI Bank: Initiate fresh short position with stiff stop-loss if the stock fails to rally beyond Rs 1,125 levels.

Infosys: As long as Infosys trades below Rs 2,320 levels, its near-term outlook remains bearish. We restate our sell recommendation in the stock while maintaining stiff stop-loss at Rs 2,320 levels.

L&T: The stock is experiencing selling pressure at higher levels. Fresh short position can be initiated with tight stop-loss if the stock reverses down from Rs 1,660 levels.

ONGC: The near-term stance is bearish for ONGC. We recommend a sell in the stock while maintaining tight stop-loss at Rs 262 levels.

Reliance Industries: Initiate fresh long position with fixed stop-loss if RIL climbs beyond Rs 841 levels.

SBI: Fresh short position is recommended with fixed stop-loss only if SBI declines below Rs 2,280 levels.

Tata Motors: Initiate long position with stiff stop-loss only if the stock jumps above Rs 280 levels.

Tata Steel: We recommend a sell in the stock while maintaining tight stop-loss at Rs 401 levels.

Nifty Futures: We reaffirm our prior view of initiating fresh long position with tight stop-loss only if Nifty Futures advances above 5,975 levels.

(This article was published on December 12, 2012)
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