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DLF
On Tuesday, the stock fell 3 per cent with above average volumes. Its near-term outlook is bearish. We recommend a sell in the stock with tight stop-loss at Rs 217 levels.
ICICI Bank
Fresh short position can be initiated if the stock fails to move beyond Rs 1027 levels with fixed stop-loss.
Infosys
We recommend a buy in the stock with stiff stop-loss at Rs 2705 levels.
L&T
The near-term stance is bearish for the stock. We recommend a sell in the stock while maintaining tight stop-loss at Rs 1162 levels.
ONGC
Initiate fresh long position only if the stock climbs above Rs 260 levels with stiff stop-loss.
Reliance Industries
Fresh long position can be initiated if RIL bounces up from Rs 834 levels with tight stop-loss.
SBI
Initiate fresh short position only if SBI dives below Rs 2135 levels with fixed stop-loss.
Tata Motors
Make use of dips to buy the counter while maintaining stiff stop-loss at Rs 925 levels.
Tata Steel
Fresh long position is recommended only if Tata Steel gains above Rs 568 levels with tight stop-loss.
Nifty Futures
Initiate fresh long position if Nifty Futures reverses higher from 5235 levels with stiff stop-loss.
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