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DLF
Initiate fresh short position with tight sop-loss if DLF declines below Rs 177 levels.
ICICI Bank
Fresh short position can be initiated with fixed stop-loss only if the stock fails to move beyond Rs 852 levels.
Infosys
Initiate fresh long position with tight stop-loss only if the counter bounces up from Rs 2,230 levels.
L&T
Fresh short position is recommended with stiff stop-loss if the stock dives below Rs 1,544 levels.
ONGC
Make use of dips to buy the stock with tight stop-loss at Rs 276 levels.
Reliance Industries
Fresh long position can be initiated with tight stop-loss if the stock reverses higher from Rs 747 levels.
SBI
On Wednesday, the stock fell 3.5 per cent with above average volumes. Its near-term outlook is bearish. We recommend a sell in the stock with stiff stop-loss at Rs 2,010 levels.
Tata Motors
The stock tumbled four per cent with good volumes in the last trading session. Make use of rallies to sell the stock while maintaining tight stop-loss at Rs 712 levels.
Tata Steel
Initiate fresh long position with tight stop-loss only if the stock reverses higher from Rs 449 levels.
Nifty Futures
In the last trading session, Nifty Futures retreated 63 points witnessing selling pressure. Fresh short position can be initiated with stiff stop-loss if Nifty Futures slips below 4,850 levels.
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