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DLF: Initiate fresh short position with stiff stop-loss if DLF fails to exceed above Rs 191.
ICICI Bank: Fresh long position can be initiated with tight stop-loss if the stock reverses higher from Rs 829.
Infosys: The near-term outlook stays positive as long as the stock hovers above Rs 2,387. We recommend a buy in the stock with stop-loss at Rs 2,387.
L&T: Initiate fresh short position with stiff stop-loss only if the stock declines below Rs 1,189.
ONGC: We recommend a buy in the stock with tight stop-loss at Rs 254.
Reliance Industries: Initiate fresh long position with fixed stop-loss if RIL rallies above Rs 712.
SBI: The stock was choppy and formed bearish doji star candlestick pattern indicating end of the stock's near-term up move. Fresh short position can be initiated with tight stop-loss only if the stock dives below Rs 2,100.
Tata Motors: Fresh long position is recommended with fixed stop-loss only if Tata Motors advances above Rs 280.
Tata Steel: Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 410.
Nifty Futures: In the last trading session, Nifty Futures was volatile and climbed six points. Fresh long position is recommended with tight stop-loss only if Nifty Futures jumps above 5,020 levels.
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