DLF

Fresh short position can be initiated with stiff stop-loss only if DLF dives below Rs 190 levels.

ICICI Bank

We reiterate our sell recommendation in the stock while maintaining tight stop-loss at Rs 874 levels.

Infosys

The near-term outlook is bearish for the stock. We recommend a sell in the stock with tight stop-loss at Rs 2,219 levels.

L&T

Make use of rallies to sell the stock while maintaining fixed stop-loss at Rs 1,660 levels.

ONGC

Fresh long position is recommended with stiff stop-loss only if ONGC climbs above Rs 264 levels.

Reliance Industries

Initiate fresh short position with stiff stop-loss only if the stock reverses down from Rs 818 levels.

SBI

The stock declined four per cent with good volume on Monday. We re-state our sell recommendation in the stock with tight stop-loss at Rs 1,890 levels.

Tata Motors

Initiate fresh short position with stiff stop-loss if the counter drops below Rs 142 levels.

Tata Steel

In the last trading session, the stock plunged 4.6 per cent with above average volumes. Near-term outlook is bearish for the stock. We recommend a sell in it with fixed stop-loss at Rs 460 levels.

Nifty Futures

On Monday, Nifty Futures fell 2.2 per cent breaching its 21-day moving average. Fresh short position can be initiated with tight stop-loss if Nifty Futures slips below 4,900 levels.

The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading

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