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DLF
Make use of rallies to sell the stock while maintaining stiff stop-loss at Rs 186 levels.
ICICI Bank
Fresh short position can be initiated with tight stop-loss if the stock drops below Rs 820.
Infosys
Initiate fresh long position with tight stop-loss only if the stock climbs above Rs 2460 levels.
L&T
On Friday, L&T tumbled 4.3 per cent accompanied by above average volumes. We recommend a sell in the stock with stop-loss at Rs 1160.
ONGC
We recommend a sell in the counter with stiff stop-loss at Rs 262 levels.
Reliance Industries
Fresh short position can be initiated with tight sop-loss only if RIL dives below Rs 713.
SBI
The near-term outlook is bearish for the stock. Make use of rallies to sell the stock while maintaining stiff stop-loss at Rs 2020 levels.
Tata Motors
Initiate fresh long position with stiff stop-loss only if the counter jumps above Rs 305 levels.
Tata Steel
The near-term outlook is bearish for Tata Steel. We recommend a sell in the stock with fixed stop-loss at Rs 440.
Nifty Futures
On May 4, Nifty Futures plummeted 2 per cent, breaching a key support level. Its near-term stance is bearish. Fresh short position can be initiated with tight stop-loss if Nifty Futures reverses down from 5150 levels.
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