Fresh long position is recommended only if the stock surges above Rs 322 levels with stiff stop-loss.
Initiate fresh long position if the counter moves beyond Rs 1,038 levels with tight stop-loss.
The near-term outlook is bullish for the stock. We recommend a buy in the stock with stop at Rs 2,855 levels.
As long as the stock hovers above Rs 1,852, the near-term stance stays positive. Utilise dips to buy the stock with tight stop-loss at Rs 1,852 levels.
Initiate fresh short position only if ONGC drops below Rs 1,338 levels with stiff stop-loss.
Make use of rallies to sell the stock with stiff stop-loss at Rs 787 levels.
Fresh long position can be initiated if the counter climbs above Rs 166 levels with stiff stop-loss.
We recommend a buy in the stock with stop at Rs 945 levels.
The near-term stance remains positive as long as SBI trades above Rs 2,872 levels. We recommend a buy with stiff stop-loss.
We recommend a buy in Nifty futures with tight stop-loss at 5550 levels.
BL Research Bureau