Comments
DLF
Initiate fresh short position if DLF slips below Rs 234 levels with tight stop-loss.
ICICI Bank
In line with our expectation, the stock declined in the last trading session. It fell by three per cent with above average volume. We recommend a sell in the stock with tight stop-loss at Rs 963 levels.
Infosys
Avoid trading in the stock for the sessions as the near-term stance is indecisive.
L&T
The stock is testing key support. Fresh long position can be initiated only if the stock bounces up from Rs 1,489 levels with stiff stop-loss.
ONGC
On Tuesday, the stock tumbled 5.6 per cent accompanied with above average volume. We recommend a sell in the stock with rigid stop-loss at Rs 290 levels.
Reliance Capital
Utilise rallies to sell the counter while maintaining tight stop-loss at Rs 493 levels.
Reliance Communications
The near-term stance is bearish for Reliance Communications. We recommend a sell in the stock with stiff stop-loss at Rs 113 levels.
Reliance Industries
Fresh short position is recommended only if RIL dives below Rs 900 levels with stiff stop-loss.
SBI
Initiate fresh short position if the stock slips below Rs 2,618 levels with stiff stop-loss.
Nifty Futures
Experiencing selling interest Nifty Futures fell 1.5 per cent in the last trading session. As long as it trades below 5,356 levels, the near-term outlook stays bearish. Fresh short position can be initiated if it fails to move beyond 5,356 levels with tight stop-loss.
Comments
Comments
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