DLF

Utilise rallies to sell the stock while maintaining stiff stop-loss at Rs 220 levels.

ICICI Bank

Fresh long position can be initiated if the stock bounces up from Rs 1,063 levels with stiff stop-loss.

Infosys

Initiate fresh long position only if the stock jumps above Rs 2,890 levels with tight stop-loss.

L&T

Near-term outlook is bullish for L&T. We recommend a buy in the stock with tight stop-loss at Rs 1,769 levels.

ONGC

The stock is experiencing selling pressure at higher levels. The near-term stance remains negative as long as the stock trades below Rs 289. We recommend a sell in the stock with tight stop-loss at Rs 289 levels.

Reliance Industries

Fresh long position is recommended only if RIL climbs above Rs 885 levels with stiff stop-loss.

SBI

Make use of dips to buy SBI while maintaining tight stop-loss at Rs 2,300 levels.

Tata Motors

Fresh short position can be initiated if the counter fails move beyond Rs 994 levels with fixed stop-loss.

Tata Steel

The near-term outlook stays positive for the session as long as the stock trades above Rs 580 levels. We recommend a buy in the stock with stiff stop-loss at Rs 580.

Nifty Futures

Initiate fresh long position if Nifty Futures reverses higher from 5,485 levels with tight stop-loss.

(The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading)

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