Comments
DLF
Use dips to buy, maintain stiff stop-loss at Rs 227 levels.
ICICI Bank
The stock bounced up 2 per cent in the last trading session and is testing its 200-day moving average. Initiate fresh long position only if the stock advances above Rs 1090 levels with tight stop-loss.
Infosys
The near-term stance is bearish for the stock. We recommend a sell in the stock with tight stop-loss at Rs 2904 levels.
L&T
Fresh long position is recommended only if the stock exceeds above Rs 1544 levels with stiff stop-loss.
ONGC
Use rallies to sell stock; maintain tight stop-loss at Rs 309 levels.
Reliance Industries
Fresh long position can be initiated only if RIL reverses up from Rs 933 with tight stop-loss.
SBI
Initiate fresh short position if the stock dives below Rs 2630 levels with stiff stop-loss.
Tata Motors
Fresh long position is recommended only if Tata Motors climbs above Rs 1230 levels with fixed stop-loss.
Tata Steel
Fresh long position can be initiated if the stock bounces up from Rs 588 levels with stiff stop-loss.
Nifty Futures
Initiate fresh long position if Nifty Futures moves above 5605 levels with tight stop-loss.
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