Comments
DLF
We recommend a buy in DLF with tight stop-loss at Rs 247 levels.
ICICI Bank
Desist trading in the stock as the near-term stance is watchful.
Infosys
The near-term outlook is bullish for the counter. We recommend a buy with stop-loss at Rs 3,150 levels.
L&T
The stock is witnessing selling pressure at higher levels. Initiate fresh short position only if the stock reverses from Rs 1,665 levels with tight stop-loss.
ONGC
The stock moved above its 50-day moving average accompanied by above average volumes on Tuesday. We recommend a buy in the stock with stiff stop-loss at Rs 278 levels.
Reliance Industries
Initiate fresh short position only if RIL slips below Rs 1,010 levels with fixed stop-loss.
SBI
The stock is currently testing its 200-day moving average. Initiate fresh short position only if the stock fails to move above Rs 2,792 levels with tight stop-loss.
Tata Motors
In line with our expectation, the stock inched higher in the last trading session accompanied by above average volumes. We recommend a buy in the stock with tight stop-loss at Rs 1,220 levels.
Tata Steel
Fresh short position can be initiated if the stock drops below Rs 605 levels with tight stop-loss.
Nifty Futures
As long as Nifty Futures hovers above 5,705 levels, the near-term stance stays positive. We recommend a buy in Nifty Futures with stiff stop-loss at 5,705 levels.
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