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DLF
The near-term outlook is bullish for the stock. We recommend a buy in the stock with stiff stop-loss at Rs 226 levels.
ICICI Bank
Initiate fresh short position with stiff stop-loss only if the counter drops below Rs 902 levels.
Infosys
We recommend a buy in Infosys with tight stop-loss at Rs 2760 levels.
L&T
Fresh long position is recommended with tight stop-loss only if the counter jumps beyond Rs 1365 levels.
ONGC
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 278 levels.
Reliance Industries
As long as RIL trades above Rs 826, its near-term stance remains positive. We recommend a buy in the stock with fixed stop-loss at Rs 826 levels.
SBI
Initiate fresh long position with fixed stop-loss only if SBI climbs above Rs 2120 levels.
Tata Motors
Initiate fresh short position with tight stop-loss if the stock fails to move beyond Rs 250 levels.
Tata Steel
Fresh short position is recommended with stiff stop-loss only if the stock declines below Rs 460 levels.
Nifty Futures
Nifty futures advanced 71 points on Friday. Its near-term stance remains bullish as long as it trades above 5300 levels. We recommend a buy in Nifty Futures with tight stop-loss at 5300 levels.
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