Comments
DLF: Initiate fresh long position with stiff stop-loss only if DLF advances above Rs 217.
ICICI Bank: The near-term outlook is bullish for the stock. We recommend a buy in it while retaining stop-loss at Rs 930.
Infosys: Fresh short position can be initiated with tight stop-loss only if the stock reverses down from Rs 2,480.
L&T: Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 1,403.
ONGC: Initiate fresh short position with fixed stop-loss if the stock slips below Rs 277.
Reliance Industries: Fresh long position can be initiated with tight stop-loss if the stock rebounds up from Rs 730.
SBI: Initiate fresh long position with stiff stop-loss only if SBI moves above its immediate resistance at Rs 2,240.
Tata Motors: On Tuesday, Tata Motors jumped 2.6 per cent accompanied by above average volumes, breaching its 21-day moving average. We recommend a buy in the stock while maintaining tight stop-loss at Rs 243.
Tata Steel: Fresh long position is recommended with fixed stop-loss only if the stock jumps above Rs 444.
Nifty Futures: Last session, Nifty Futures rallied 1.5 per cent surpassing its near-term hurdle. As long as Nifty Futures trades above 5,300, its near-term stance stays positive. We recommend a buy in it with tight stop at 5,300.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.