DLF: Fresh short position can be initiated with stiff stop-loss if the stock fails to climb beyond Rs 194.
ICICI Bank: Initiate fresh short position with tight stop-loss only if the stock slips below Rs 840.
Infosys: We recommend a buy in the stock while maintaining fixed stop-loss at Rs 2,450.
L&T: Initiate fresh long position with stiff stop-loss if the stock jumps above Rs 1,360.
ONGC: We restate our prior view that fresh short position can be initiated with stiff stop-loss only if the stock drops below Rs 274.
Reliance Industries: Make use of dips to buy the stock while maintaining fixed stop-loss at Rs 714.
SBI: Fresh short position is recommended with tight stop-loss only if SBI declines below Rs 2,095.
Tata Motors: On Wednesday, the stock fell three per cent witnessing selling pressure. Make use of rallies to sell the stock while maintaining stop-loss at Rs 242.
Tata Steel: Fresh long position can be initiated with tight stop-loss if the stock rebounds up from Rs 415.
Nifty Futures: In the last trading session, Nifty Futures was choppy and added 14 points. Fresh long position can be initiated with stiff stop-loss only if Nifty Futures rallies above 5,180.
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.