Comments
DLF
As long as DLF trades below Rs 227, the near-term stance remains bearish. Make use of rallies to sell the stock with tight stop-loss at Rs 227 levels.
ICICI Bank
The stock slipped 2.6 per cent in the last trading session and is testing key support level. Initiate fresh short position only if the stock dives below Rs 980 levels with stiff stop-loss.
Infosys
Fresh long position can be initiated only if the counter surges above Rs 3,105 levels with stiff stop-loss.
L&T
The stock tumbled 3.6 per cent with above average volumes in the last trading session. Initiate fresh short position if the stock slips below Rs 1,555 levels with tight stop-loss.
ONGC
Initiate fresh long position only if the counter exceeds above Rs 1,195 levels with stiff stop-loss.
Reliance Capital
The near-term stance stays bearish for the stock as long as it hovers below Rs 514. We recommend a sell with stiff stop-loss at Rs 514.
Reliance Communications
We recommend a sell in the counter with rigid stop-loss at Rs 121 levels.
Reliance Industries
Fresh short position is recommended only if RIL declines below Rs 885 levels with stiff stop-loss.
SBI
We recommend a sell in the stock with tight stop-loss at Rs 2,620 levels.
Nifty Futures
Fresh long position can be initiated only if Nifty Futures bounces up from 5,392 levels with tight stop-loss.
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