Comments
DLF
Initiate fresh long position if DLF advances beyond Rs 235 levels with stiff stop-loss.
ICICI Bank
Desist trading in the stock for the session as its near-term stance is cautious.
Infosys
As long as the stock hovers above Rs 2926 levels, the near-term stance remains positive. We recommend a buy in the stock with tight stop-loss at Rs 2,926 levels.
L&T
We opine that fresh long position can be initiated only if the counter climbs above Rs 1,807 levels with stiff stop-loss.
ONGC
Fresh short position is recommended only if the stock dives below Rs 273 levels with stiff stop-loss.
Reliance Industries
The near-term outlook is bearish for RIL. We recommend a sell in the stock with tight stop-loss at Rs 860 levels.
SBI
We re-state our buy recommendation in the stock with tight stop-loss at Rs 2,450 levels.
Tata Motors
Make use of dips to buy the counter while maintaining fixed stop-loss at Rs 1,000 levels.
Tata Steel
Initiate fresh short position if the stock fails to move above Rs 605 levels with stiff stop-loss.
Nifty Futures
We reiterate our prior view that fresh long position can be initiated if Nifty Futures moves beyond 5,700 levels with tight stop-loss.
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