Comments
DLF
We reiterate our sell recommendation in DLF with stop-loss at Rs 240 levels.
ICICI Bank
In the last trading session, the stock fell forming a bearish engulfing candlestick pattern indicating bearishness. We recommend a sell in the stock with tight stop-loss at Rs 1,118 levels.
Infosys
Make use of dips to buy the counter with stiff stop-loss at Rs 2,930 levels.
L&T
Experiencing selling pressure the stock fell 1.5 per cent in the last trading session and is signalling negative bias. Initiate fresh short position if the stock fails to exceed above Rs 1,705 levels with tight stop-loss.
ONGC
As long as ONGC trades above Rs 307, the near-term stance stays positive. We recommend a buy in the stock with fixed stop-loss at Rs 307.
Reliance Industries
The near-term outlook is bearish for RIL. We recommend a buy sell in the stock with tight stop-loss at Rs 998 levels.
SBI
Initiate fresh short position only if SBI slips below Rs 2,888 levels with fixed stop-loss.
Tata Motors
Fresh short position can be initiated if the stock fails to move above Rs 1,261 levels with tight stop-loss.
Tata Steel
Utilise rallies to sell the stock while maintaining stiff stop-loss at Rs 627 levels.
Nifty Futures
Initiate fresh short position if Nifty Futures drops below 5,800 levels with tight stop-loss.
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