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DLF: Initiate fresh short position with tight stop-loss if DLF reverses down from Rs 189.
ICICI Bank: We recommend a sell in the stock while maintaining stiff stop-loss at Rs 811.
Infosys: The stock is witnessing selling pressure at higher levels. Fresh short position can be initiated with tight stop-loss if the stock reverses down from Rs 2,365 levels.
L&T: Initiate fresh short position with tight stop-loss if the stock declines below Rs 1,150 levels.
ONGC: Make use of rallies to sell the stock while maintaining fixed stop-loss at Rs 247.
Reliance Industries: Fresh short position can be initiated with stiff stop-loss if RIL fails to climb above Rs 703.
SBI: Experiencing selling pressure, the stock retreated 3.4 per cent with above average volumes on Tuesday. We recommend a sell in the stock with stiff stop-loss at Rs 1,960.
Tata Motors: Utilise rallies to sell the stock while retaining stiff stop-loss at Rs 270.
Tata Steel: Fresh short position is recommended with tight stop-loss only if Tata Steel drops below Rs 394.
Nifty Futures: On Tuesday, Nifty Futures fell one per cent witnessing selling pressure. As long as Nifty Futures trades below 4,893, its near-term stance stays negative. We recommend a sell in it with tight stop-loss at 4,893.
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