Comments
DLF
Initiate fresh short position with stiff stop-loss if the stock fails to move beyond Rs 246 levels.
ICICI Bank
Desist trading in the stock for the session as its near-term stance is cautious.
Infosys
We re-state our buy recommendation in the stock with tight stop-loss at Rs 2,815 levels.
L&T
Fresh long position is recommended with stiff stop-loss only if the stock exceeds above Rs 1,407 levels.
ONGC
Fresh short position can be initiated with stiff stop-loss only if ONGC dives below Rs 275 levels.
Reliance Industries
Initiate fresh long position with tight stop-loss if the stock moves beyond Rs 893 levels.
SBI
The stock advanced by Rs 33 or 1.7 per cent in the previous trading session. Its near-term outlook is bullish. We reiterate our buy recommendation in the stock with fixed stop-loss at Rs 1,975 levels.
Tata Motors
Initiate fresh long position with fixed stop-loss if the stock rebounds up from Rs 186 levels.
Tata Steel
Fresh long position is recommended with tight stop-loss only if the counter jumps beyond Rs 475 levels.
Nifty Futures
On Tuesday, Nifty Futures was volatile and ended forming a doji candlestick pattern signalling neutral stance. We adhere to our prior view that fresh long position can be initiated with stiff stop-loss only if Nifty Futures advances above 5,354 levels.
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