Comments
DLF
As long as the stock trades above Rs 211, its near-term stance remains positive. We recommend buy in the stock with stiff stop-loss at Rs 211.
ICICI Bank
The near-term outlook is bullish for the stock. We recommend a buy in the stock with stiff stop-loss at Rs 830 levels.
Infosys
Fresh long position is recommended with fixed stop-loss only if the stock advances above Rs 2600 levels.
L&T
Initiate fresh short position with stiff stop-loss only if the stock fails to move beyond Rs 1287 levels.
ONGC
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 272 levels.
Reliance Industries
Fresh long position can be initiated with tight stop-loss if the stock rebounds up from Rs 780 levels.
SBI
The stock is currently testing key resistance level. Fresh long position is recommended with tight stop-loss only if the stock jumps above Rs 1950 levels.
Tata Motors
Fresh short position can be initiated with fixed stop-loss only if the stock dives below Rs 215 levels.
Tata Steel
Fresh long position is recommended with stiff stop-loss only if the counter advances above Rs 442 levels.
Nifty Futures
On Friday, Nifty Futures was volatile and finished 25 points higher. As long as it trades above 5000 levels, its near-term stance remains positive. We recommend a buy in Nifty Futures with tight stop-loss at 5000 levels.
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