DLF
In the last trading session, the stock surged three per cent with above average volumes breaching its 21-day moving average. We recommend a buy in the stock with tight stop-loss at Rs 223 levels.
Avoid trading in the stock as the near-term view is watchful.
Infosys
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 2,926 levels.
L&T
Desist trading in the counter for the session as the near-term stance is indecisive.
ONGC
Utilise rallies to sell the counter while maintaining stiff stop-loss at Rs 277 levels.
Reliance Industries
Initiate fresh short position only if RIL dives below Rs 984 levels with tight stop-loss.
SBI
Fresh long position is recommended only if SBI jumps beyond Rs 2,638 levels with stiff stop-loss. .
Tata Motors
Initiate fresh long position only if Tata Motors climbs above Rs 1,151 levels with fixed stop-loss.
Tata Steel
The stock is witnessing selling pressure at higher levels. Initiate fresh short position if the stock reverses from Rs 610 levels with stiff stop-loss.
Nifty Futures
Fresh long position can be initiated only if Nifty Futures bounces up from 5,390 levels with tight stop-loss.