Comments
DLF
Fresh short position can be initiated if DLF dives below Rs 206 with tight stop-loss.
ICICI Bank
The stock is still testing its 200-day moving average. Initiate fresh long position if the stock moves beyond Rs 1,098 levels with stiff stop-loss.
Infosys
Fresh short position can be initiated if the stock fails to move above Rs 2,900 levels with stiff stop-loss.
L&T
As long as the stock trades above Rs 1,785, the near-term stance stays positive. Initiate fresh long position if the stock reverses higher from Rs 1,785 levels with fixed stop-loss.
ONGC
We recommend a sell in the counter while maintaining stiff stop-loss at Rs 283 levels.
Reliance Industries
Make use of dips to buy the stock with tight stop-loss at Rs 870 levels.
SBI
The near-term outlook remains bullish as long as SBI hovers above Rs 2,360 levels. We recommend a buy in the stock with tight stop-loss at Rs 2,360.
Tata Motors
Initiate fresh short position only if the stock declines below Rs 983 levels with stiff stop-loss.
Tata Steel
We recommend a buy in the stock with stiff stop-loss at Rs 594 levels.
Nifty Futures
Nifty Futures is testing key resistance level. Initiate fresh long position only if Nifty Futures moves beyond 5,654 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.