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DLF
Initiate fresh short position with tight stop-loss if the stock declines below Rs 205.
ICICI Bank
Fresh short position can be initiated with stiff stop-loss if the stock fails to rally above Rs 940.
Infosys
The near-term outlook is bearish for the stock. Fresh short position can be initiated with stiff stop-loss if the stock reverses down from Rs 2250.
L&T
Initiate fresh short position with tight stop-loss only if L&T declines below Rs 1395.
ONGC
Make use of dips to buy the stock while maintaining fixed stop-loss 282.
Reliance Industries
The near-term stance is negative for the stock. Fresh short position can be initiated with stiff stop-loss if RIL reverses down from Rs 728.
SBI
On Friday, the stock fell 1.7 per cent forming a bearish engulfing candlestick pattern implying near-term bearishness. We recommend a sell in the stock with tight stop-loss at Rs 2200.
Tata Motors
Initiate fresh short position with stiff stop-loss if the stock dives below Rs 233.
Tata Steel
We recommend a sell in the stock while maintaining fixed stop-loss at Rs 430.
Nifty Futures
Fresh short position is recommended with tight stop-loss only if Nifty Futures declines below 5200 levels.
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