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DLF: Fresh long position can be initiated with fixed stop-loss if the stock rebounds up from Rs 189.
ICICI Bank: Initiate fresh long position with stiff stop-loss only if the counter rallies above Rs 892.
Infosys: Utilise dips to buy the stock while maintaining stiff stop-loss at Rs 2,450.
L&T: Fresh short position is recommended with stiff stop-loss only if the stock dives below Rs 1,205.
ONGC: We recommend a sell in the stock with tight stop-loss at Rs 269.
Reliance Industries: We re-state our prior view that fresh short position can be initiated with fixed stop-loss if the stock fails to rally above Rs 755.
SBI: Fresh short position can be initiated with stiff stop-loss only if the counter falls below Rs 2,125.
Tata Motors: Negating our prior view, the stock fell in the last trading session. It slumped 3.8 per cent with good volumes. Initiate fresh short position with fixed stop-loss if the stock declines below Rs 300.
Tata Steel: The stock is moving sideways with negative bias. Initiate fresh short position with stiff stop-loss if the stock drops below Rs 455.
Nifty Futures: On Wednesday, Nifty Futures slipped 20 points witnessing selling pressure at higher levels. Fresh short position can be initiated with tight stop-loss if Nifty Futures fails to surpass 5,300.
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