Comments
DLF
The stock is currently pausing around its 50-day moving average. We re-affirm our buy recommendation in the stock with stiff stop-loss at Rs 228 levels.
ICICI Bank
Make use of dips to buy the counter with tight stop-loss at Rs 1,039 levels.
Infosys
The stock is testing its 200-day moving average and a key resistance level. Fresh long position is recommended only if the stock jumps beyond Rs 3,024 levels with tight stop-loss.
L&T
We recommend a buy in the stock with fixed stop-loss at Rs 1,535 levels.
ONGC
The stock has been moving sideways in a narrow range over the past eight trading sessions. Fresh long position is recommended only if the stock climbs above Rs 277 levels with tight stop-loss.
Reliance Industries
Fresh long position can be initiated if RIL bounces up from Rs 995 levels with tight stop-loss.
SBI
Initiate fresh long position only if SBI exceeds beyond Rs 2,669 levels with tight stop-loss.
Tata Motors
We recommend a buy in the counter with stiff stop-loss at Rs 1,139 levels.
Tata Steel
We reiterate our view of initiating fresh long position only if Tata Steel moves above Rs 618 levels with stiff stop-loss.
Nifty Futures
The Nifty Futures is testing crucial short-term resistance. Fresh long position can be initiated only if it climbs above 5,590 levels with tight stop-loss.
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