Nifty Futures: Fresh long position can be initiated with a tight stop-loss if Nifty Futures bounces back from 6250 levels.

Reliance Ind: Make use of dips to buy the counter while maintaining a tight stop-loss at Rs 900 levels.

ICICI Bank: Initiate short position with a tight stop-loss only if the stock fails to rally above Rs 1110 levels.

Larsen & Toubro: Initiate fresh long position with a stiff stop-loss if L&T rebounds up from Rs 960 levels.

(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)

(This article was published on November 5, 2013)
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