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DLF — DLF gained 4 per cent with good volumes, experiencing buying interest on Friday. We recommend a buy in the stock with stiff stop-loss at Rs 220 levels.
ICICI Bank — Initiate fresh long position only if the counter moves above Rs 1083 levels with tight stop-loss.
Infosys — Fresh short position can be initiated if the stock fails to move beyond Rs 2805 levels with tight stop-loss.
L&T — Initiate fresh short position if the stock dives below Rs 1620 with tight stop-loss.
ONGC — The near-term stance is positive for the stock. Make use of dips to buy the stock while maintaining fixed stop-loss at Rs 279 levels.
Reliance Industries — Make use of dips to buy the stock with tight stop-loss at Rs 933 levels.
SBI — We recommend a buy in SBI with stiff stop-loss at Rs 2210 levels.
Tata Motors — On Friday, the stock tumbled 6 per cent with heavy volumes. The near-term outlook is bearish for the stock. We recommend a sell in the stock with stiff stop-loss at Rs 1110 levels.
Tata Steel — We recommend a buy in Tata Steel with fixed stop-loss at Rs 575 levels.
Nifty Futures — Initiate fresh long position if Nifty Futures moves beyond 5504 levels with tight stop-loss.
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