Comments
DLF
As long as DLF trades below Rs 215, its near-term outlook remains bearish. We recommend a sell in the stock with tight stop-loss at Rs 215 levels.
ICICI Bank
The stock is currently testing its 200-day moving average. Fresh long position is recommended only if the stock moves beyond Rs 1,094 levels with tight stop-loss.
Infosys
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 2,845 levels.
L&T
Initiate fresh short position only if the stock fails to move above Rs 1,814 levels with stiff stop-loss.
ONGC
Fresh short position can be initiated only if the counter dives below Rs 280 levels with tight stop-loss.
Reliance Industries
In the past three trading session, RIL has been moving sideways in a narrow band. Desist trading in the stock for the session as the near-term stance is watchful.
SBI
Initiate fresh short position if SBI fails to exceed beyond Rs 2,362 levels with tight stop-loss.
Tata Motors
Fresh long position is recommended only if Tata Motors surges above Rs 999 levels with fixed stop-loss.
Tata Steel
Initiate fresh long position if the counter reverses higher from Rs 580 levels with tight stop-loss.
Nifty Futures
Nifty futures was volatile and ended higher by almost 15 points in the last trading session. Fresh long position can be initiated only if Nifty Futures moves beyond 5600 levels with stiff stop-loss.
Comments
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.