DLF: On Wednesday, the stock climbed 3.5 with above average volume. We reiterate our buy recommendation on DLF with stiff stop-loss at Rs 283 levels.

ICICI Bank: Initiate fresh short position with fixed stop-loss only if the stock drops below Rs 1,110 levels.

Infosys: We restate that fresh long position can be initiated with tight stop-loss only if the stock advances above Rs 2,835 levels.

L&T: Fresh short position can be initiated with stiff stop-loss if L&T declines below Rs 1,444 levels.

ONGC: Initiate fresh short position with fixed stop-loss if the stock fails to rally above Rs 332 levels.

Reliance Industries: On Wednesday, RIL advanced 3 per cent accompanied by good volume. Make use of dips to buy the stock while maintaining tight stop-loss at Rs 865 levels.

SBI: We recommend a sell in the stock with stiff stop-loss at Rs 2,273 levels.

Tata Motors: Initiate fresh short position with fixed stop-loss only if the stock falls below Rs 300 levels.

Tata Steel: Fresh long position is recommended with tight stop-loss only if the stock jumps beyond Rs 385 levels.

Nifty Futures: Initiate fresh long position with stiff stop-loss only if the resistance at 6,000 levels is surpassed.

(This article was published on February 20, 2013)
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