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.
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