DLF
The near-term outlook is bullish for DLF. We re-affirm our buy recommendation in the stock with fixed stop-loss at Rs 233 levels.
ICICI Bank
Fresh short position can be initiated only if the counter fails to move above Rs 1,100 levels with tight stop-loss.
Infosys
Fresh long position is recommended only if the stock jumps beyond Rs 2,808 levels with tight stop-loss.
L&T
Initiate fresh long position only if the stock climbs above Rs 1,655 levels with stiff stop-loss.
ONGC
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 277 levels.
Reliance Industries
Initiate fresh long position if the stock bounces up from Rs 936 with fixed stop-loss.
SBI
In line with our prior expectation, SBI moved higher on Tuesday. We re-affirm our buy recommendation in the stock with tight stop-loss at Rs 2,270 levels.
Tata Motors
Initiate fresh long position only if Tata Motors moves beyond Rs 1,110 levels with stiff stop-loss.
Tata Steel
We recommend a buy in the counter with tight stop-loss at Rs 582 levels.
Nifty Futures
On Tuesday, Nifty Futures surged 1.6 per cent witnessing buying interest and breached its 21-day moving average. As long as Nifty Futures trades above 5,504 levels, the near-term stance stays positive. We recommend a buy with stiff stop-loss at 5,504 levels.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.