Comments
DLF
Initiate fresh long position only if DLF bounces up from Rs 266 levels with tight stop-loss.
ICICI Bank
Negating our prior view, the stock moved higher in the last trading session. Fresh long position can be initiated if the stock surges above Rs 1,130 levels with stiff stop-loss.
Infosys
The near-term outlook is bullish for the stock. We recommend a buy in the stock with fixed stop-loss at Rs 3,260 levels.
L&T
Fresh long position can be initiated if L&T bounces up from Rs 1,675 levels with stiff stop-loss.
ONGC
We recommend a buy in ONGC with stiff stop-loss at Rs 292 levels.
Reliance Industries
Make use of dips to buy the counter while maintaining tight stop-loss at Rs 1,035 levels.
SBI
Initiate fresh long position only if SBI moves beyond Rs 2,785 levels with tight stop-loss.
Tata Motors
We recommend a buy in the stock with tight stop-loss at Rs 1,238 levels.
Tata Steel
Fresh short position can be initiated only if Tata Steel dives below Rs 623 levels with stiff stop-loss.
Nifty Futures
The near-term stance remains positive as long as Nifty Futures trades above 5,900 levels. We recommend a buy with stiff stop-loss at 5,900 levels.
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