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DLF: Initiate fresh short position with tight stop-loss only if the stock declines below Rs 195.
ICICI Bank: We recommend a sell in the stock with fixed stop-loss at Rs 918.
Infosys: As long as the stock trades below Rs 2,142, its near-term view remains bearish. Fresh short position can be initiated with stiff stop-loss if the stock fails to rally above Rs 2,142.
L&T: Fresh long position is recommended with tight stop-loss only if the stock jumps above Rs 1,330.
ONGC: Near-term stance is negative for ONGC. We recommend a sell in the stock while maintaining stiff stop-loss at Rs 208.
Reliance Industries: Fresh short position can be initiated with tight stop-loss if the stock fails to rally above Rs 719.
SBI: Initiate fresh short position with fixed stop-loss if SBI declines below Rs 2,000.
Tata Motors: On Thursday, the stock tumbled 3.8 per cent with above average volumes. We recommend a sell in the stock while maintaining tight stop-loss at Rs 208.
Tata Steel: Make use of rallies to sell the stock while maintaining tight stop-loss at Rs 389.
Nifty Futures: On Thursday, the Nifty Futures fell 1.4 per cent decisively breaching its 200-day moving average. Its near-term stance remains negative as long as it trades below 5,090. Fresh short position can be initiated with stiff stop-loss if it reverses down from 5,090.
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