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DLF: On Wednesday, the stock fell almost three per cent, experiencing selling pressure. Fresh short position can be initiated with tight stop-loss if it reverses downwards from Rs 184.
ICICI Bank: Initiate fresh short position with tight stop-loss if the stock fails to advance above Rs 804.
Infosys: We recommend a sell in the stock while maintaining stiff stop-loss at Rs 2,387.
L&T: Fresh long position can be initiated with stiff stop-loss if the stock rebounds up from Rs 1,190.
ONGC: Initiate fresh short position with fixed stop-loss if the stock dives below Rs 245.
Reliance Industries: Initiate fresh long position with tight stop-loss only if the stock climbs beyond Rs 688.
SBI: Fresh short position is recommended with stiff stop-loss only if SBI declines below Rs 1,810.
Tata Motors: On Wednesday, Tata Motors plunged seven per cent with heavy volumes breaking through a significant support level. We recommend a sell in the stock with fixed stop-loss at Rs 274.
Tata Steel: Initiate fresh short position with stiff stop-loss if the stock reverses down from Rs 410.
Nifty Futures: Nifty Futures fell 1.7 per cent, breaching a key support at 4,900 in the previous session. Fresh short position can be initiated with tight stop-loss if Nifty Futures fails to move above 4,900.
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