Comments
DLF
Make use of rallies to sell the stock with stiff stop-loss at Rs 232 levels.
ICICI Bank
We restate our prior view of initiating fresh short position with tight stop-loss only if the stock dives below Rs 859 levels.
Infosys
We recommend a buy in the stock while maintaining stop-loss at Rs 2,745 levels.
L&T
Breaching its immediate support at around Rs 1,318, the stock fell three per cent with above average volumes in the last trading session. Fresh short position can be initiated with stiff stop-loss if the stock reverses down from Rs 1,310 levels.
ONGC
On Monday, the stock advanced four per cent accompanied by above average volumes. We recommend a buy with tight stop-loss at Rs 273 levels.
Reliance Industries
Fresh long position can be initiated with tight stop-loss if the stock rebounds up from Rs 833 levels.
SBI
Initiate fresh short position with stiff stop-loss if SBI fails to surpass Rs 1,930 levels.
Tata Motors
The stock is testing important resistance at around Rs 186. Fresh long position is recommended with fixed stop-loss only if the stock jumps above Rs 188 levels.
Tata Steel
Initiate fresh long position with stiff stop-loss only if Tata Steel moves above Rs 444 levels.
Nifty Futures
Although Nifty Futures climbed 51 points in the previous session, its near-term stance remains cautious. Fresh long position is recommended with tight stop-loss only if Nifty Futures advances beyond 5,157 levels.
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