DLF
Fresh long position can be initiated with stiff stop-loss only if the stock moves above Rs 205 levels.
ICICI Bank
We recommend a buy in the stock with stiff stop-loss at Rs 930 levels.
Infosys
Initiate fresh long position with tight stop-loss only if the counter advances beyond Rs 2,400 levels.
L&T
Fresh long position can be initiated with fixed stop-loss if the stock reverses higher from Rs 1,598 levels.
ONGC
In line with our expectation, the stock moved higher in the last trading session. There is an increase in volumes over the past three sessions. We recommend a buy with stop-loss at Rs 272 levels.
Reliance Industries
Make use of dips to buy the stock with tight stop-loss at Rs 754 levels.
SBI
The stock is experiencing buying interest at lower levels. Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 2,210 levels.
Tata Motors
Fresh long position is recommended with tight stop-loss only if the counter jumps above Rs 810 levels.
Tata Steel
Initiate fresh long position with fixed stop-loss if Tata Steel bounces up from Rs 480 levels.
Nifty Futures
On Tuesday, Nifty Futures slipped 42.8 points from its previous close of 5,126 levels. Fresh long position can be initiated with tight stop-loss if Nifty Futures climbs above 5,126 levels.
The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading
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