Comments
DLF
Initiate fresh short position only if DLF declines below Rs 260 levels with tight stop-loss.
ICICI Bank
Fresh short position can be initiated if ICICI Bank reverses from Rs 1,126 levels with stiff stop-loss.
Infosys
The near-term outlook is bullish for Infosys. We recommend a buy with stiff stop-loss at Rs 3,210 levels.
L&T
We reiterate our prior view that fresh short position can be initiated if the stock drops below Rs 1,638 levels with tight stop-loss.
ONGC
We recommend a buy in the counter with stop-loss at Rs 285 levels.
Reliance Industries
Make use of dips to buy RIL while maintaining fixed stop-loss at Rs 1,033 levels.
SBI
Witnessing selling pressure the stock tumbled three per cent, forming a bearish engulfing candlestick pattern in the last trading session. We recommend a sell in the stock with tight stop-loss at Rs 2,792 levels.
Tata Motors
Fresh short position is recommended only if the counter dives below Rs 1,230 levels with stiff stop-loss.
Tata Steel
Initiate fresh long position only if Tata Steel climbs above Rs 629 with stiff stop-loss.
Nifty Futures
Nifty Futures is experiencing selling pressure at higher levels. Fresh short position can be initiated only if it fails to move beyond 5,870 levels with tight stop-loss.
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