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DLF: Fresh short position is recommended with stiff stop-loss only if DLF declines below Rs 181.
ICICI Bank: We reiterate our sell recommendation in the stock while maintaining tight stop-loss at Rs 805.
Infosys: The stock is moving sideways with negative bias. Fresh short position can be initiated with tight stop-loss if the stock dives below Rs 2,326.
L&T: Initiate fresh short position with fixed stop-loss if L&T reverses down from Rs 1,163.
ONGC: We recommend a sell in the stock while maintaining tight stop-loss at Rs 245.
Reliance Industries: Initiate fresh short position with stiff stop-loss only if the stock drops below Rs 680.
SBI: Fresh long position is recommended with tight stop-loss only if SBI jumps above Rs 1,980.
Tata Motors: The near-term outlook remains negative as long as the stock trades below Rs 266. We recommend a sell in the stock while maintaining fixed stop-loss at Rs 266.
Tata Steel: Initiate fresh short position with tight stop-loss only if the stock falls below Rs 390.
Nifty Futures: The near-term stance is bearish for Nifty Futures. We restate our sell recommendation on Nifty Futures with stiff stop-loss at 4,860 levels.
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