DLF: The near-term stance is bearish for the stock. We recommend a sell in the stock with stop-loss at Rs 205.
ICICI Bank: Initiate fresh long position with stiff stop-loss only if the stock climbs beyond Rs 935.
Infosys: Fresh long position is recommended with fixed stop-loss only if the stock advances beyond Rs 2,195.
L&T: Fresh short position can be initiated with stiff stop-loss only if the stock reverses down from Rs 1,392.
ONGC: Initiate fresh short position with stiff stop-loss if ONGC dives below Rs 282.
Reliance Industries: We recommend a sell in the stock while maintaining fixed stop-loss at Rs 228.
SBI: Initiate fresh short position with tight stop-loss only if SBI falls below Rs 2,180 levels.
Tata Motors: Near-term outlook is negative for the stock. We recommend a sell in the stock with tight stop-loss at Rs 228.
Tata Steel: Fresh short position is recommended with stiff stop-loss only if the stock declines below Rs 402.
Nifty Futures: Fresh short position can be initiated with tight stop-loss only if Nifty Futures slips below 5,160 levels.
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.