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DLF
On Friday, DLF tumbled 3.7 per cent with good volume, witnessing selling pressure. Utilise rallies to sell the stock with stop-loss at Rs 265 levels.
ICICI Bank
Fresh short position can be initiated only if the stock dives below Rs 1090 levels with stiff stop-loss.
Infosys
Initiate fresh short position Infosys fails to move beyond Rs 3245 levels with tight stop-loss.
L&T
The stock has been consolidating sideways in a narrow range for past nine trading sessions. Fresh short position is recommended only if the stock declines below Rs 1656 levels with tight stop-loss.
ONGC
The near-term outlook is bearish for ONGC. We recommend a sell in the stock with stiff stop-loss at Rs 293 levels.
Reliance Industries
Fresh short position can be initiated if the stock slumps below Rs 1010 with tight stop-loss.
SBI
Initiate fresh short position if the stock drops below Rs 2760 levels with fixed stop-loss.
Tata Motors
Fresh long position can be initiated only if the counter bounces up from Rs 1240 levels with tight stop-loss.
Tata Steel
The stock is reversing down from a key resistance level. Make use of rallies to sell the stock while maintaining tight stop.
Nifty Futures
Fresh short position is recommended only if Nifty futures declines below 5818 levels with stiff stop-loss.
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