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DLF: Initiate fresh long position with stiff stop-loss only if DLF jumps above Rs 190.
ICICI Bank: Fresh long position can be initiated with tight stop-loss if the stock reverses higher from Rs 800.
Infosys: As long as the stock trades below Rs 2330, its near-term outlook stays bearish. We recommend a sell in the stock with stiff stop-loss at Rs 2330.
L&T: Fresh short position is recommended with fixed stop-loss only if L&T declines below Rs 1124 levels.
ONGC: The near-term outlook is negative for the stock. Make use of rallies to sell the stock while maintaining fixed stop-loss at Rs 257 levels.
Reliance Industries: Initiate fresh long position with fixed stop-loss if the stock rebounds up from Rs 687 levels.
SBI: Fresh long position is recommended with stiff stop-loss only if SBI jumps beyond Rs 1875 levels.
Tata Motors: After testing the key support, the stock bounded up 2.7 per cent accompanied by above average volume on Friday. Fresh long position can be initiated with stiff stop-loss if the stock reverses higher from Rs 293 levels.
Tata Steel: Initiate fresh short position with tight stop-loss if Tata Steel drops below Rs 406 levels.
Nifty Futures: Fresh short position can be initiated with stiff stop-loss if Nifty Futures fails to climb above 4977 levels.
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