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DLF — We recommend a buy in DLF with tight stop-loss at Rs 228 levels.
ICICI Bank — Fresh long position can be initiated if ICICI Bank bounces up from Rs 1042 with stiff stop-loss.
Infosys — In line with our expectation the stock moved higher in the last trading session. The stock advanced 2 per cent with above average volumes. We re-state our buy recommendation in the stock.
L&T — Initiate fresh short position only if the stock dives below Rs 1686 levels with stiff stop-loss.
ONGC — Fresh long position can be initiated only if ONGC climbs above Rs 280 levels with fixed stop-loss.
Reliance Industries — Initiate fresh long position if the stock reverses up from Rs 943 levels with tight stop-loss.
SBI — We recommend a buy in the stock with stiff stop-loss at Rs 2290 levels.
Tata Motors — Fresh long position is recommended only if Tata Motors advances beyond Rs 1038 levels with stiff stop-loss.
Tata Steel — Initiate fresh long position only if the counter surges above Rs 585 levels with tight stop-loss.
Nifty Futures — As long as Nifty Futures trades above 5510 levels, the near-term stance stays positive. We recommend a buy in Nifty Futures with tight stop-loss at 5510 levels.
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