DLF
Fresh long position can be initiated with tight stop-loss if the stock reverses upwards from Rs 193 levels.
On Thursday, the stock rose 3.5 per cent accompanied by above average volume. We re-affirm our buy recommendation in the stock.
Infosys
Fresh long position is recommended with stiff stop-loss only if the counter advances above Rs 2,735 levels.
L&T
We recommend a buy in the stock with stiff stop-loss at Rs 995 levels.
ONGC
We reiterate our buy recommendation in the stock with tight stop-loss at Rs 262 levels.
Reliance Industries
Initiate fresh long position with stiff stop-loss if the stock rebounds up from Rs 742 levels.
SBI
Fresh long position can be initiated with fixed stop-loss if SBI jumps above Rs 1,688 levels.
Tata Motors
As long as the stock trades above Rs 180 levels, its near-term stance stays positive. Fresh long position can be initiated with fixed stop-loss if the stock reverses higher from Rs 180 levels.
Tata Steel
Make use of dips to buy the stock while maintaining tight stop-loss at Rs 345 levels.
Nifty Futures
Nifty Futures added 37 points on Thursday. Initiate fresh long position with tight stop-loss if Nifty Futures rebounds up from 4,700 levels.