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DLF: The stock is testing key support. Fresh short position can be initiated with tight stop-loss only if the stock dives below Rs 179.
ICICI Bank: Initiate fresh short position with fixed stop-loss if the stock fails to rally beyond Rs 812.
Infosys: Fresh long position can be initiated with stiff stop-loss if the stock climbs above Rs 2,355.
L&T: Initiate fresh long position with tight stop-loss if the stock rebounds up from Rs 1,143 levels.
ONGC: Fresh long position can be initiated with stiff stop-loss if ONGC jumps above Rs 253.
Reliance Industries: The near-term outlook is bearish for RIL. Fresh short position can be initiated with tight stop-loss if the stock reverses down from Rs 693.
SBI: The stock was choppy and formed a spinning-top candlestick pattern signalling indecisiveness. Desist trading in the stock for the session.
Tata Motors: Fresh short position is recommended with fixed stop-loss only if Tata Motors dives below Rs 287.
Tata Steel: As long as the stock trades below Rs 415, its near-term stance remains negative. We recommend a sell in the stock with tight stop-loss at Rs 415.
Nifty Futures: Initiate fresh long position with stiff stop-loss only if Nifty Futures reverses upwards from 4,830 levels.
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