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DLF
On Thursday, the stock jumped four per cent accompanied by above average volume. We recommend a buy in the stock with stop-loss at Rs 222 levels.
ICICI Bank
Initiate fresh long position with stiff stop-loss only if the stock climbs above Rs 913 levels.
Infosys
The near-term stance is positive for the stock. We recommend a buy in it with stiff stop-loss at Rs 2,734 levels.
L&T
Make use of dips to buy the stock with fixed stop-loss at Rs 1,345 levels.
ONGC
We recommend a buy in the stock while maintaining stiff stop-loss at Rs 273 levels.
Reliance Industries
Initiate fresh long position with tight stop-loss if the counter rebounds up from Rs 819 levels.
SBI
Fresh short position is recommended with stiff stop-loss only if the stock drops below Rs 2,054 levels.
Tata Motors
We re-state our prior view that fresh short position can be initiated with fixed stop-loss only if the stock declines below Rs 244 levels.
Tata Steel
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 467 levels.
Nifty Futures
In the last trading session, Nifty Futures was volatile and formed a spinning top candlestick pattern, signalling indecisiveness. But fresh long position can be initiated with tight stop-loss if the Nifty Futures advances beyond 5,310 levels.
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