DLF
Initiate fresh short position with tight stop-loss if the stock reverses down from Rs 208 levels.
ICICI Bank
Initiate fresh short position with stiff stop-loss if the stock drops below Rs 838 levels.
Infosys
We recommend a buy in the stock with fixed stop-loss at Rs 2,686 levels.
L&T
The stock tumbled five per cent witnessing selling pressure in the previous session. Fresh short position can be initiated with tight stop-loss if the stock fails to climb above Rs 1,320 levels.
ONGC
Initiate fresh long position with tight stop-loss if the counter rebounds up from Rs 274 levels.
Reliance Industries
Make use of dips to buy the stock while maintaining fixed stop-loss at Rs 783 levels.
SBI
Fresh long position is recommended with stiff stop-loss only if the stock jumps beyond Rs 2,010 levels.
Tata Motors
Initiate fresh short position with stiff stop-loss if the counter fails to move above Rs 237 levels.
Tata Steel
Initiate fresh short position with tight stop-loss only if the stock dives below Rs 435 levels.
Nifty Futures
On Monday, Nifty Futures fell almost two per cent experiencing selling pressure. But it is trading above key support level. Fresh long position can be initiated with stiff stop-loss only if Nifty Futures reverses higher from 5,065 levels.
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.