Comments
DLF
Initiate fresh long position with stiff stop-loss only if the stock climbs beyond Rs 204 levels.
ICICI Bank
We re-state our sell recommendation in the stock while maintaining tight stop-loss at Rs 870 levels.
Infosys
Fresh long position can be initiated with stiff stop-loss only if the stock advances above Rs 2,245 levels.
L&T
Initiate fresh long position with stiff stop-loss only if the counter jumps beyond Rs 1,650 levels.
ONGC
Initiate fresh short position with tight stop-loss if the counter falls below Rs 255 levels.
Reliance Industries
Fresh short position can be initiated with stiff stop-loss only if RIL drops below Rs 797 levels.
SBI
As long as SBI trades below Rs 1,860, the near-term stance remains bearish. Make use of rallies to sell the stock while maintaining tight stop-loss at Rs 1,860.
Tata Motors
On Tuesday, the stock plunged 4.6 per cent with above average volumes. It is currently testing key short-term support at around Rs 140. Fresh short position is recommended with fixed stop-loss only if the stock declines below Rs 136 levels.
Tata Steel
Initiate fresh short position with tight stop-loss if Tata Steel fails to move beyond Rs 467 levels.
Nifty Futures
Nifty Futures was volatile and formed a spinning top candlestick pattern in the last trading sessions. Fresh short position can be initiated with tight stop-loss only if Nifty Futures slips below 4,900 levels.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.