Comments
DLF: Fresh long can be initiated with tight stop-loss if DLF rebounds from Rs 195.
ICICI Bank: On Friday, the stock jumped five per cent breaking through a resistance at Rs 860. Buy with tight stop-loss at Rs 885.
Infosys: Make use of dips to buy the stock while retaining stop-loss at Rs 2,480.
L&T: As long as the stock hovers above Rs 1,382, its near-term outlook remains positive. Buy with stop-loss at Rs 1,382.
ONGC: In the previous trading session, the stock rose 2.5 accompanied by above average volumes. Buy with stiff stop-loss at Rs 281.
Reliance Industries : Buy with stop-loss at Rs 725.
SBI: Initiate fresh long with tight stop-loss if the stock reverses higher from Rs 2,140.
Tata Motors: Fresh long position can be initiated with stiff stop-loss only if the stock rallies above Rs 246.
Tata Steel: On Friday, the stock climbed three per cent with good volumes. As long as it trades above Rs 435, its near term view stays positive. Buy with stop-loss at Rs 435.
Nifty Futures
The near-term outlook is bullish for Nifty Futures. We recommend a buy in Nifty Futures with stiff stop-loss at 5250.
Comments
COMMENT NOW
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.