Comments
DLF
Initiate fresh short position only if DLF reverses down from Rs 230 levels with tight stop-loss.
ICICI Bank
Fresh long position is recommended only if the stock climbs above Rs 1,040 levels with fixed stop-loss.
Infosys
The stock closed below its 21-day moving average in the last trading session and its near-term stance is bearish. We recommend a sell the stock with stiff stop-loss at Rs 2,820 levels.
L&T
Make use of rallies to sell the stock while maintaining tight stop-loss at Rs 1,700 levels.
ONGC
Fresh long position can be initiated if ONGC climbs above Rs 272 levels with stiff stop-loss.
Reliance Industries
In line with our expectation, the stock declined in the last trading session. Initiate fresh short position only if the stock fails to move above Rs 900 levels with tight stop-loss.
SBI
After registering a 52-week low, the stock bounced up accompanied by above average volumes in the last trading session. Fresh long position can be initiated if the stock bounces up from Rs 2,180 levels with fixed stop-loss.
Tata Motors
Initiate fresh long position only if the counter jumps above Rs 997 with stiff stop-loss.
Tata Steel
As long as the stock trades below Rs 560, the near-term stance remains bearish for the stock. Make use of rallies to sell the stock while maintaining tight stop-loss at Rs 560 levels.
Nifty Futures
On Thursday, Nifty Futures was volatile and fell by 48 points. Fresh short position is recommended only if Nifty Futures dives below 5,350 levels with tight stop-loss.
Comments
COMMENT NOW
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.