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DLF: Initiate fresh long position with stiff stop-loss if the stock rebounds up from Rs 193.
ICICI Bank: The near-term outlook is bearish for the stock. We recommend a sell in the stock with stop-loss at Rs 872.
Infosys: Fresh short position is recommended with tight stop-loss only if the stock dives below Rs 2,823.
L&T: We re-state our prior view that fresh long position can be initiated with tight stop-loss only if the stock climbs above Rs 1,320.
ONGC: Make use of rallies to sell the counter while maintaining fixed stop-loss at Rs 260.
Reliance Industries: Initiate fresh short position with tight stop-loss if the stock fails to move above Rs 736.
SBI: In last trading session, SBI fell two per cent breaching a key support. As long as SBI trades below Rs 2,100, its near-term stance remains bearish. We recommend a sell in the stock.
Tata Motors: Initiate fresh short position with fixed stop-loss only if the counter dives below Rs 268.
Tata Steel: Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 448.
Nifty Futures: On Wednesday, Nifty Futures fell one per cent and is testing key support level. Initiate fresh short position with tight stop-loss only if Nifty Futures declines below 5,155.
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